Analisi candlestick
HG Scalpius - Previous Bar HighlightHG Scalpius - Previous Bar Highlight
This indicator highlights the 20th bar from the current bar and has the below applications for trading the HG Scalpius system:
- Determining if trend mode off switch is triggered, failing to set a new higher (lower) close in the trend with 20 bars
- Determining the highest (lowest) bar in the previous range to decide if a trade is high & tight
bars_back = input(defval=20, minval=0, title="Bars Back")
bgcolor(#9C27B0, offset=-bars_back, show_last=1)
If you come across or think of any other useful scripts for the HG Scalpius system please comment below!
Happy trading!
Bullish and Bearish Engulfing and RSI, DMI and PSAR confirmationThe study combines Bearish and Bullish Engulfing pivot strategy with strong trend confirmative indicators:
Directional Movement Index (DMI)
Parabolic SAR
RSI Bands
Engulfing patterns in market provide a useful way for traders to enter the market in anticipation of a possible reversal in the trend. Engulfing candles tend to signal a reversal of the current trend in the market. This specific pattern involves two candles with the latter candle "engulfing" the entire body of the candle before it. The engulfing candle can be bullish or bearish depending on where it forms in relation to the existing trend
The indicator can be applied to trading pairs with USD, USDT, ETH and BTC quote currencies. Indicator supports spot, futures and marginal trading exchanges. It calculates and compares values of the price action candles to define is there an engulfing and what type it is: bullish or bearish:
If there is a bullish engulfing the indicator fills price action candle with yellow color
If there is a bearish engulfing the indicator fills price action candle with purple color
Advantages of this indicator:
1. This indicator reveals presence of both types of engulfing simultaneously
2. Weak engulfment signals and market noises are filtered by RSI bands, DMI and PSAR confirmations. This allows to receive only strong and confirmed engulfments
3. This indicator includes both
Study with built-in custom alerts to use with your own software through web hook connection.
Strategy with configurable risk management settings (order size, commission, take profit, stop loss and trailing). This provides you opportunity of direct broker connection and allows to conduct backtests before applying the strategy to real account
At the chart you can see the historical price action of XBTUSD at BitMEX exchange from 9th of May 2020 till 17th of May 2020 indicator. Moments when the indicator triggered to enter a position are described with message clouds. Moments when a certain position should be closed are highlighted with circles and commented with clouds
How to use?
Long signals:
1. Apply indicator to the trading pair your are interested in
2. Once bullish engulfing conditions are met price action candle will be colored yellow.
3. Once price action breaks RSI resistance band, retraces and closes below the band the signal is finished and the position should be closed
Short signals:
1. Apply indicator to the trading pair your are interested in
2. Once bearish engulfing conditions are met price action candle will be colored purple.
3. Once price action breaks RSI support band, retraces and closes above the band the signal is finished and the position should be closed
Automatic strategy:
When conditions of long or short position from the strategy are met the script opens position.
Strategy.exit closes the position once risk management settings are met.
Strategy.close closes the position once RSI band rejection is confirmed
If you want to obtain access to the indicator please send us a personal message
Best regards,
SkyRock Signals team
Pin-Bar + VWAP StrategyThis strategy is a modified pin-bar reversals strategy I had implemented before. This one goes long when you have a bullish trend (vwap > ema and px > both) and a pinbar happens at the vwap in bullish direction. opposite for shorts.
How To Limit n Round Trips Per Day [Alerts]Example how to limit the number of round trips per day. If entry condition is never met logic will force a round trip at end of day. Set chart to a timeframe that is lower than 1 Day period.
NOTICE: This is an example script and not meant to be used as an actual strategy. By using this script or any portion thereof, you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script!
Index / FAAMGThe FAAMG Index contemplates the grouping of the main companies in the American market, Facebook, Amazon, Apple, Microsoft and Google. Which represent approximately 20% of the S&P 500 index. This is a weighted index which considers the approximate market capitalization for each company to date.
TVC:SPX
MIS BreakoutThis script works for all assent class. Though using it for intraday trading.
The Super-trend and MACD combination gives good result. The EMA gives confirmation to the trade.
This gives good result if it is used in continuation to long terms trend.
Period highlighterPeriod highlighter on the chart.
For only start session candle: start and finish period equals.
Candlestick Pattern Detector - Aitch-TThis script detects the following candlestick patterns:
Bullish Patterns:
- Normal 3 Bar Fractal
- Enhanced 3 Bar Fractal
- Engulfing
- Harami ( Inside bar )
- Bullrami (Altenate Bull Harami)
Bearish Patterns:
- Normal 3 Bar Fractal
- Enhanced 3 Bar Fractal
- Engulfing
- Harami ( Inside bar )
- Bearami (Alternate Bear Harami)
- Shooting Star
How it works:
- When you add the script to your chart, green and red dots will appear at the top and the bottom of the chart.
- Red dots at the top of the chart point out the candles that have completed a bearish pattern .
- Green dots at the bottom of the chart point out the candles that have completed a bullish pattern .
How to use:
Use it in conjunction with other analysis tools ( Fibonacci Retracements, Histogram, Willy, RSI , volume , etc) to determine high probability levels.
ORB- Range break outThis script has below features
> Option to choose the bar number for considering break out
> Option to choose the targets based on the candle size
> Option to choose the budget and based on that it will show the quantity to trade
> SL is the candle range
> Can use it in any time frame
Off-chart 21 MA, Bollinger Bands and Heikin Ashi CandlesThis off-chart indicator provides three basic and useful tools for trend trading in Bitcoin and probably other markets. Heikin Ashi candles being utilized with classic candle patterns at the same time could be considered as a conservative and safe confirmation approach for entring your position.
HG Scalpius H & SS ScanHG Scalpius H & SS Scan
This indicator highlights hammer candles and shooting star candles based on the below definitions:
Hammer = lower wick >= 2* real body and closes in top half of range
Shooting Star = upper wick >= 2*real body and closes in bottom half of range
hammer = (min(open,close)-low)>= (2*abs(open-close)) and close > (((high-low)/2)+low)
shootingStar = (high-max(open,close))>= (2*abs(open-close)) and close < (((high-low)/2)+low)
Tweezer Scanner v1Some code for detecting tweezer candles, which are reversal patterns. You'll need to tweak the settings to be either less strict (more detections) or more strict (less detections). I found that if you follow the documentation for tweezers exactly, you will get very few detections. It is possible that this candlestick has become overused, so the original pattern itself has been lost to the noise of the market.
Settings:
1. Tweezer Max Body Height (Pips) - How tall can the body of the tweezer be, in pips (increase this pips to increase detections)
2. Tweezer Body Similarity (>%) - How similar should the body heights be, higher percentage is more similar (reduce this % to increase detections)
3. Tweezer Tail Similarity (>%) - How similar should the tail heights be, higher percentage is more similar (reduce this % to increase detections)
4. Tweezer Tail Proportion (<%) - How short should the opposite tail heights be, lower percentage is shorter and more similar to the documentation (increase this % to increase detections)
Marubozu Scanner v1Some code for detecting the very rare occurrences of the Marubozu candle. This candle occurs when the High = Close, and Low = Open, or vice versa. They are continuation candles, so if you see a bullish Marubozu during an uptrend its possible that the uptrend will continue.
NSDT Session Background ShadingA simple script to add background colors to specific timeframes. Great for trading futures so you can separate sessions for easier viewing. Use for stocks to separate pre, open, and post market times.
There are three timeframes that can be set and all colors can be modified.
Doji Scanner v1A scanner for detecting Doji Candles.
Adjust the maximum allowable height of a Doji Candle's body, depending on the currency pair or asset.
