Candlestick analysis

fikira Wizard Aggiornato 

The Candle Decomposition indicator shows the last 2 candles in detail, with 2 levels of lower timeframes (LTF). In this way, you can keep oversight of history, while zooming in on the last and previous candle. This tool is meant to be used in realtime, preferentially for intraday usage. 🔶 USAGE In this example, on the current timeframe of 15 minutes, you...

DNKhatri

This overlay indicator provides a visual representation of momentum and price direction within each bar (or candlestick). It does this by comparing the current bar's open, high, low, and close to the previous bar's values, highlighting the following conditions: Strong Up (Green): All four components (open, high, low, close) are higher than the previous bar. Weak...

dheerajkesri

This script will highlight candles that have 70 or more points difference between open and close price. It ignores high and low prices.

TheTrex Aggiornato 

This script creates a trading indicator that shows how much the price of a financial instrument (like a stock or currency) changes within each trading period, represented by candles on a chart. Each candle shows the range of prices from the highest to the lowest within a specific time frame. The indicator calculates the percentage difference between the highest...

AstroHub

Custom Swing Index - Unleashing Precision in Trend Analysis 🌟 Overview: The Custom Swing Index is a meticulously crafted tool that empowers traders with advanced insights into market dynamics, specifically focusing on identifying potential trend reversals. Developed by AstroHub, this indicator stands out for its unique combination of price-related...

yun501150049

Components Description: Relative Strength Index (RSI): Purpose: Measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset. Implementation: The script allows users to set the length of the RSI calculation and defines overbought and oversold levels, which can be visually represented on the...

Forex_Ninja69

Ninja Trend V2 is best for swing, day trading and scalping using higher timeframe bias and executing in the lower timeframes. Uses MACD for the overall bias and paints a Heikin-Ashi chart. Settings: Firstly, go to chart settings, check (tick) the body, uncheck borders and wicks. Secondly, go to the script settings and input the following; Source ...

okor96

HTF Candles Indicator (High Time Frame Candles for Low Time Frame Charts) Overview: This indicator plots High Time Frame (HTF) candle boxes on Lower Time Frame (LTF) charts. The purpose is to provide traders with a visual representation of (HTF) candlestick movements on a lower timeframe (LTF) within a specified interval. Usage: Traders can utilize this...

FetchTeam

This script makes use of bullish engulfing candles, trend analysis, and time. The trend is devided between an up- and downtrend. This is based on a simple cross over strategy, using the 9 and 50 moving averages. The buys are calculated based on how many times a bullish engulfing candle was displayed on the chart during a downtrend. Bullish engulfing candles in...

AdeTheCoda

What does this indicator do? This indicator plots the highest and lowest historical price for each candle for a specified time interval, so you can see for each candle which price was the historical ("local") maximum or minimum in the defined time interval. It helps you not to lose sight of previous highs and lows, even when working with short time frames. In...

MHermes Aggiornato 

This script is designed as an analysis tool to visually represent the relative strength of bullish and bearish market sentiments over a specified number of candles. It calculates and displays the percentages of bullish and bearish "candle bodies" as part of the total price range observed in the chosen period. Here's a breakdown of its functionalities: ...

MHermes Aggiornato 

This script is designed to calculate and display the percentage representation of wick lengths in relation to the total candle range for the last 100 candles on a trading chart. Here's a breakdown of its functionality: Indicator Initialization: It sets up an indicator named "Wick Percentages Table" (WPT) that overlays on the trading chart. Variables...

fluxchart

💎 GENERAL OVERVIEW Introducing our new Liquidity Grabs indicator! This indicator can renders bubbles with different sizes at candles that have liquidity grabs, which happen when a liquidity areas (buyside / sellside liquidity) is swept. These candles often fill a lot of market orders that were sitting on the liquidity zone. You can check "How Does It Work"...

Has-no-Name

This script is just for fun. It generates a Planet and a Zodiac Sign at the close of each candle. The candle is "sliced" into 7 sections, one for each Planet and the close lands in one of those sections. The candle is "sliced" into 12 sections, one for each Zodiac and the open lands in one of those sections. You could use it to generate a quick "answer" to a...

j_npc Aggiornato 

It's All Mids extends mid-lines of a candle forward until the price revisits (covers) the midpoint. A higher timeframe can be used for the mid candles than the chart (but not the reverse). There is no data to support this is a meaningful concept. While this script is intended to be functional, correct and useful it is important that you understand that not only...

Tradenometry

The Candle Bias Oscillator (CBO) with volume and ATR scaling is a unique technical analysis tool designed to capture market sentiment through the analysis of candlestick patterns, volume momentum, and market volatility. This indicator is built on the foundation of assessing the bias within a candlestick's body and wicks, adjusted for market volatility using the...

fightpm Aggiornato 

This is an indicator for counting Sakata new price. Bullish Candle Count the first bullish candle from the starting point of the uptrend. Count a bullish candle that updates the previous high on a closing basis as a new high. Bearish Candle New Low Count the first bearish candle from the starting point of the downtrend. Count a bearish candle that updates the...

fluxchart Aggiornato 

💎 GENERAL OVERVIEW Introducing our new Fibonacci Inversion Fair Value Gaps (IFVG) indicator! Inverse Fair Value Gaps occur when a Fair Value Gap becomes invalidated. They reverse the role of the original Fair Value Gap, making a bullish zone bearish and vice versa. This indicator plots the Fibonacci retracement levels of the IFVG, which often act like support &...