Tweezers and Kangaroo TailHello Traders,
Here Tweezers and Kangaroo Tail script is in your service. The script searches for Tweezer / Kangaroo Tail candlestick patterns and shows them as T (Tweezer) and K (Kangaroo Tail). Thanks to RorschachT who game me the idea and some details while working on this script.
What are these candlestick patterns?
Tweezers :
- A tweezers pattern occurs when the highs/Lows of two candlesticks occur at almost exactly the same level
- Both candles must have wicks
- Bigger Wick / Smaller Wick rate should not be greater than 150% ( 150% by default and you have option to change it)
- First Candle must be highest/lowest for last 5 candles (5 by default and you have option to change it)
- The level of High for Top, Low for Bottom must be almost lower than 20% of the bigger wick of tweezer candles (20% by default and you have option to change it)
- The Candles can be right next to each other or apart but not more than 12 candles apart (12 by default and you have option to change it)
- You will see that Tweezers pattern occurs frequently
Kangaroo Tail:
- Looks almost like a Hammer or Inverted Hammer candle
- They have both its open and close in the top or bottom third of the candle
- There must be some space/room on the left of the kangaroo tail
- The open and close of the Kangaroo Tail candle must be inside the range of the previous candlestick
- The next candle should create a new high or new low
- You have several options to set details about the "Room" that should be on the left and also options for Wick/Body rates
- You can see example below
You have option to enable/disable any of these patterns.
as far as I have tested they are strong reversal patterns but none of the indicators or patterns may not be enough alone. so you should confirm the signals using other indicators or tools
If you need more information you can find a lot of info on the net ;)
Example: Tweezers - Aparted
Example: Kangaroo Tail - Bullish
Enjoy!
Onda di Elliott
Double Zig Zag with HHLLHello Traders,
Here Double Zig Zag with HHLL script is with you. it calculates 2 Zig Zag simultaneously and draws them, and also it calculates and puts Higher High, Lower Low, Higher Low, Lower High labels. All these are done dynamically, it means last HH/HL/LL/LH can change. if price continues to go up then HL can turn to LL or if price continues to go down then LH can turn to HH. This script can be used for different purposes such trend analysis, support/resistance levels, breakouts etc.
I tried to make many things optional:
You can set Periods for Zig Zags as you wish
You can set different colors for both Zig Zag Up/Down lines
You have option to show both Zig Zag, one of them or none them
You have option to show both HHLL, one of them or none them
You can set Zig Zag 1 line style as Dashed or Dotted
You can set Line Widths for Zig Zags
Some examples:
Enjoy!
ABCD Harmonic PatternsShows Bullish and Bearish AB=CD Harmonic Patterns with Pivot High, Pivot Low and Pivot Line
Harmonic auto-detect [PRO]Automatically detects and visually displays Harmonic patterns,
from small ZigZag to large ZigZag.
17 types of Harmonic patterns are supported.
Pattern5-0 / 3Drive / AB=CD / Gartley / Butterfly / Bat / A Bat / Crab / Deep Crab /
Cypher / A Cypher / Shark / Nenstar / A Nenstar / Dragon / Black Swan / White Swan
The alert function allows you to be alerted when a Harmonic pattern is detected.
Use the link below to obtain access to this indicator.
[HWVZ] Hiubris WeisVolume ZigZagThis script follows the Zig Zag pattern of price movement, based on the Weis Wave Volume indicator.
The Weis Wave Volume shows the cumulative volume from the lowest point of the price swing to the highest point (or vice versa)
The user has the option to change the Trend Detection Length of the indicator to adjust the swings frequency (from say 5 to any value above or below)
The user has the option to display Support & Resistance lines based on those turning points
The user has the option to display Info Labels for each swing
The user has the option to change the Weis Wave Volume Timeframe
*This is a Tradingview interpretation of the Weis Wave Plugin
Zig Zag High LowZig Zag script that uses local minimums and maximums as pivot points. It can be used as a source for pattern recognition.
™ᴛʀᴀᴅᴇᴄʜᴀʀᴛɪꜱᴛ ʜᴀɴᴅʏᴍᴀɴ™ᴛʀᴀᴅᴇᴄʜᴀʀᴛɪꜱᴛ ʜᴀɴᴅʏᴍᴀɴ is a well designed utility script that helps plot a few important trading indicators like Bollinger bands, EMA , Ichimoku Cloud etc. along with repainting Buy/Sell signals based on Zig-Zag (Heikin Ashi trend) which can be used cautiously with levels generated.
What does ™ᴛʀᴀᴅᴇᴄʜᴀʀᴛɪꜱᴛ ʜᴀɴᴅʏᴍᴀɴ do?
Plots Bollinger Bands
Plots EMA
Plots VWMA and VWAP
Plots Ichimoku Cloud
Plots Zig-Zag based trade signals - Use with confirmation from other indicators above
---- CAUTION : Signals REPAINT as they are based on developing Zig-Zag
---- Option to plot Last True Non-Painted Signal label
---- Option to plot Fibonacci retracement levels to last known Zig-Zag high/low
based on highest/lowest of 2 trend changing up/down Heikin Ashi candles
---- Type of trade can be opted from indicator settings.
Plots RSI Color Candles
Note : This script is a good tool to get confirmations but Trade Signals cannot be used as definitive entry/exit points. This is the reason why there are no alerts coded for the signals.
Also, this script generates signals the same way as one of my first scripts, Alcides Indicator Lite, but has more trade options + more utilities to choose from indicator settings.
GBP-USD 1hr on Swing trade mode
zigzag+When the k-line is at the red line, it is a short trend, and the price breaking through the red cross pressure with a large volume is reversed, and vice versa
ZigZag++Hey Awesome Traders
I noticed people were so happy with my ZigZag lucemanb script and so I made one that is more user-friendly and customizable
Please note the original one is dedicated to developers, The code is very minimal for fast understanding when anyone wants to use it in their development
In this script, I have included several features like multi-timeframe and alerts. Do take a look and enjoy
If you are using the indicator, please comment down the link to your script
If you would love to support my work through donations, Am so happy to receive them
ADDITIONAL FEATURES
Do u have an idea or a feature that you want to be added,
You can ping me or ask about it here, I can always update
Check out some of the best works i have done with this script
1. Angle trading
2. Harmonic Patterns
[RS][V4]ZigZag Percent Reversal - Helper - Retrace LevelsA helper script with multiple retrace level options.
[fikira] Harmonic Patterns TESTAs requested a TEST script when possible future
Harmonic Patterns may occur, in this case the ABCD pattern.
When A, B, C are valid, the script will plot 2 lines between A-B and B-C, together with
2 white arrows,,where D MUST be in the future to become a valid ABCD pattern.
First of all, D MUST be a Pivot point, after which D must lay between D- and D+
In a Bearish example D- is the minimal value of D, D+ the maximum value of D.
In a Bullish example D- is the maximum value of D, D+ the minimum value of D,
either way, D must be between these 2 lines.
Since we don't know when the next possible Pivot point will occur, the white arrows
won't predict where it will happen, it just shows the max and min value.
If it doesn't become a valid ABCD Pattern, the lines just stay that way, when a valid ABCD pattern
occurs, more lines will be plotted, together with the Targets.
Do mind, the script adds a lot of lines, since there is a maximum of lines, only the last ones will
be plotted, the rest can be made visible by using the "Replay" button
Also, the script measures Pivot Points, it is not always perfect, do your own research and
see for yourself if a valid pattern is also valid for you!
Thank you!
Trend EW SpotterThe Trend EW Spotter is a momentum based indicator that is used in a Guppy style analysis to identify the repeating patters seen in the indicator to help identify specific waves of Elliot Wave analysis.
The indicator is used with over bought and oversold areas as well.
Patterns repeat and can be used to identify waves 1, 2, 3, 4, & 5 of impulsive price action.
It is also noteworthy to identify period of low volatility indicating the potential of new price action that may begin soon.
I hope you enjoy it!
MATRIX Rises on the wavesJust one more go at a zigzag , this time with the aid of renko emulator.
Apenas mais uma vez em zigue-zague, desta vez com a ajuda do emulador renko.
Surfe nas ondas do MATRIX
[fikira] Harmonic Patterns (Gartley)When using "Harmonic Patterns", always look at the bigger picture, please do not depend solely on the "Pattern".
Use other indicators,... to confirm what you think is going on!
That said, it is quite useful!
Here we have "The Gartley", bullish and bearish.
The "Pattern" is created by checking 5 consecutive (pivot) points, starting with X, A, B, C, and ending with point D.
At point D all 5 points are compared, calculated and verified.
When confirmed, a "Label" will be plotted at point D, together with the "Entry", "Take Profit" and "Stop Loss" price.
The "Entry", "Take Profit" and "Stop Loss" lines will be plotted as well at point D.
Lastly, a "Drawing" automatically will be displayed which makes the "Pattern" visible.
Please do mind, the "Drawing" is calculated differently, the "Drawing" sometimes can be displayed incorrectly
when prices are too close to each other (for example low Satoshi price changes).
THE "ENTRY" , "TAKE PROFIT", "STOP LOSS" PRICES AND LINES ARE NOT AFFECTED AT ALL BY THIS, THEY WILL SHOW CORRECTLY!
- 1 "TP point" can be changed ("TP Level 0.618")
- "Labels", "Lines", "Drawings" can be disabled/enabled
- "Labels" can be made smaller or bigger ("Size Label")
- "Labels" can be placed further or closer to the bar ("Distance TP Label" > higher = closer, lower = further)
- "Lines" can be made thicker or thinner ("TP Linewidth")
- "Drawings" can be made thicker or thinner ("Drawings Linewidth")
- "Drawings" are created by comparing with 100 bars back in history (default), should it be (very rarely) a triangle is displayed flat on the left side,
possibly the first point(s) is/are further than 100 bars ago, in this case increase "Period Drawings" above 100.
- When a lot (really a lot!) of "Patterns" appear on the chart, the first ones will not be displayed anymore, first the "Drawings", then the "Lines"
The last (present) ones will always be displayed in total without a problem!
- If you want to see "Patterns" with less correct measurement, change "Error Marge" 0.9 - 1" and "Error Marge" 1 - 1.1"), this gives max. about 10% extra margin
Thank you very much!
[RS]ZigZag Percent Reversal - Helper - Draw Patterns - Part 3Helper script to draw patterns on chart.
[RS]ZigZag Percent Reversal - Helper - Draw Patterns - Part 2Helper script to display patterns on chart.
[RS]ZigZag Percent Reversal - Helper - Draw Patterns - Part 1Helper script to display patterns on chart.
[RS][V4]ZigZag Percent Reversal - Helper - AntiSlopeEXPERIMENTAL:
A helper script to map the Anti derivative slopes.
zigzag newThis is just experimenal zigzag
The zigzag % is adaptation of Ricardo santos old Zigzag %
the pivot are from pine script manual
So it try to cross them together
I think it need much work
but as i idea i put it for anypne who is interested
AZV Indicator
AVZ
Market is changing by 4 Factors which are (PVTTI - Price - Volume - Trades - Time
This indicator is a hybrid, with a combination of leading indicators and lagging trending indicators combined into one,and it's using mostly the 3 factors_ PVT which will help you getting good trades .
Volume :-
Leading indicators such as Volume Spikes , Average Volume Spikes (VolMA) ,and a special Spike calculation using RSI as a function with volume as a source .
Price:-
SemiLead indicators such as Aroon Indicator , RSI .
Time and Price Combination :-
Trend Recognition using Harmonic and Zigzag implementation from 'RicardoSantos' .
.
www.investopedia.com
Volatility Recognition : Using a special calculation to get the average called ( ZScore ) with Vwap implementation .
en.wikipedia.org
www.investopedia.com
How to use ?
This indicator is using number of bars of the last wave whatever if it's UP wave or Down wave .
Type number of bars on the specified area of the wave ( Bars Of Wave )
How many NO. Bar s to get accurate levels ?
1- If you are searching for a Support level , you have to count the number of bars of last UP wave from its low to it's high .
2- If you are searching for a Resistant level , you have to count the number of bars of last Down wave from its high to its low .
Buying Signal and Selling Signal ?
The indicator tries to identify levels that Buying Volume enter in the same way for Selling Volume .
ZigZag - lucemanb
THIS CODE IS BASED FROM THE MT4 ZIGZAG INDICATOR
THE ZIGZAG SETTINGS FOR THE MAIN ONE ON TRADINGVIEW DO NOT WORK THE SAME AS MT4
I HOPE U LOVE IT
I have had tons of experience on the ZIGZAG indicator and thought this might help someone.
Enjoy this code. Zigzag is a good indicator in many ways and people underestimate it because of its repainting
Check out some work ave done with this script. This is some intense angle trading requested by someone