Rally Candle will signal when price is at the end of a Rally to the upside and thus entering a balance phase in the market (works on all markets)
This candle works very efficient when the market is either trending downwards or in range markets where price is at resistance. (i would avoid in uptrends but depends on the trader)
Also we can expect this candle to...
Hi All,
This is a Candlestick template script to be used for identifying momentum and waves.
There are only 2 types of candles - Momentum Candles ( MC - Body height >= 50%) and Indecision Candles ( IC ).
ICs are further separated as Tiny Beast based on NimblrTAs, Candle height ratio compared to certain % Open price of the day. The % varies based on TF of the...
An experiment using Pinescript's candle plotting feature. This indicator performs a linear regression on the lows, highs, and moving average, and plots them all in the form of a candlestick. If the close is below the prediction, the candlestick is red, if the close is above the regression, the candlestick is green. Effective and aesthetic way to analyze trends.
This script, redraws the Minute, Hourly, Daily, Weekly, Monthly candles for gap up and gap down situation. Also this candle marks the LEG candles and BASE Candles with different colors to mark the supply and demand zone.
This script is only for Indian NSE markets (09:15 to 15:30) for GAP up/GAP down redraw.
This script is most beneficial for TradeLegend...
What is gap in candlestick?
A gap is an empty space within a price chart between the two neighboring candlesticks.
Gaps occur when the following candlestick opens at a distance from the previous candlestick closing price. This may happen if the market’s view of the price rapidly changes and there’s a sudden influx of buy/sell orders.
A gap is defined as an...
This is an intraday indicator.
The Average Range is a simple concept, calculated as the difference between highs and lows averages over some period.
This Indicator provides an Average Range of Daily, Weakly, Monthly upper and lower level daily.
It can be useful for helping guide support and resistance , for taking profits and for placing stoploss.
█ OVERVIEW
This is a simple script that will plot labels over or under candles to show where there had been consecutive candles that closed in a similar fashion. This script was inspired by a Tweet about Bitcoin experiencing its first 7th-consecutive weekly black candle and I sought out to test that.
█ INPUTS
There are three inputs for this script....
This inverted hammer indicator has several options that help identify instances with a higher probability of success.
For example, inverted hammers may have a higher success rate when they:
- Breaks the previous day's high
- Close higher than the previous close
- Have a large upper wick
- Have a small lower wick
etc.
Play with the options on your chart of choice...
The indicator shows a price change with respect to a preceded price and the moving average on a given period.
It could be used for the volatility evaluation as well as the normalization of the price evolution.
## DogeGuide V1.5 ## Pine Script V5
This is a very simple indicator that will provide users with a way to see EMAs
(exponential movingaverages), Includind the highlight between two EMA lines,
which are 15 and 30 lines.
EMAs are very strong support and resistance indicator to guide user though these tool by
fixed and default settings. And, easy to customize...
Pullback Candle will signal when price is at the end of a pullback and entering a balance phase in the market (works on all markets)
Also we can expect a Pullback Candle during flash crashes as the theory of this script is when there is a turning point in momentum - this candle will appear and we can look long from this signal.
This candle will only work in...
This is a indicator based on the well known Heikin Ashi candle.
There is one diference, it uses the "Close" from the original candle and a spot price wich can be adjusted to calculate the moving averages. As default I set it as spot = close*0.8 + open*0.2.
The periods of the moving averages can be adjusted too.
The intention is to extract the smoothness of the...
Shows Trading Days starting at 5pm (UTC-4 NY Time)
Shows active Asian, UK and US markets by having a different background colours while those markets are open.
Shows possible Brinks hammer/inverted hammers at 03:45 and 09:45
This indicator determines the time (in minutes) for which a bar of the Range Bar type was formed.
In order to avoid errors in the calculations, a weekend check is immediately carried out (one day if it is a holiday or two days if it is a weekend).
If there are more days off, then the information on the first bar after the weekend may be incorrect.
Индикатор...
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ENG) MASTER_KEY_v1
Introduce :
This indicator is a multi-signal indicator. Long and short are marked in an optimized position, and you can easily turn...
This indicator plots the Weekly inside bar and 3 Weekly tight close.
i : Weekly inside bar
- : Weekly tight close
1. Weekly inside bar (WIB)
Which shows the price contraction where the current bar's range is lower than the previous bar's range
Conditions:
Current bar's low is higher than previous low and high less than the previous bar
...
This indicator show's you when you have a three line strike engulfing candle,
Showing you easily by changing the colour of the candle and displaying a diamond above or below to indicate whether it was a bulling or bearish signal.
How To Use
Simply add to your screen and allow the indicator do its thing
Click the three dots to the side of the indicator and...
![BTCUSDTPERP: [ADOL_]MASTER_KEY_v1](https://s3.tradingview.com/s/SJtXfvRe_mid.png "[ADOL_]MASTER_KEY_v1")
