Volume Delta Candles HTF [TradingFinder] LTF Volume Candles 🔵 Introduction
In financial markets, understanding the concepts of supply and demand and their impact on price movements is of paramount importance. Supply and demand, as fundamental pillars of economics, reflect the interaction between buyers and sellers.
When buyers' strength surpasses that of sellers, demand increases, and prices tend to rise. Conversely, when sellers dominate buyers, supply overtakes demand, causing prices to drop. These interactions play a crucial role in determining market trends, price reversal points, and trading decisions.
Volume Delta Candles offer traders a practical way to visualize trading activity within each candlestick. By integrating data from lower timeframes or live market feeds, these candles eliminate the need for standalone volume indicators.
They present the proportions of buying and selling volume as intuitive colored bars, making it easier to interpret market dynamics at a glance. Additionally, they encapsulate critical metrics like peak delta, lowest delta, and net delta, allowing traders to grasp the market's internal order flow with greater precision.
In financial markets, grasping the interplay between supply and demand and its influence on price movements is crucial for successful trading. These fundamental economic forces reflect the ongoing balance between buyers and sellers in the market.
When buyers exert greater strength than sellers, demand dominates, driving prices upward. Conversely, when sellers take control, supply surpasses demand, and prices decline. Understanding these dynamics is essential for identifying market trends, pinpointing reversal points, and making informed trading decisions.
Volume Delta Candles provide an innovative method for evaluating trading activity within individual candlesticks, offering a simplified view without relying on separate volume indicators. By leveraging lower timeframe or real-time data, this tool visualizes the distribution of buying and selling volumes within a candle through color-coded bars.
This visual representation enables traders to quickly assess market sentiment and understand the forces driving price action. Buyer and seller strength is a critical concept that focuses on the ratio of buying to selling volumes. This ratio not only provides insights into the market's current state but also serves as a leading indicator for detecting potential shifts in trends.
Traders often rely on volume analysis to identify significant supply and demand zones, guiding their entry and exit strategies. Delta Candles translate these complex metrics, such as Maximum Delta, Minimum Delta, and Final Delta, into an easy-to-read visual format using Japanese candlestick structures, making them an invaluable resource for analyzing order flows and market momentum.
By merging the principles of supply and demand with comprehensive volume analysis, tools like the indicator introduced here offer unparalleled clarity into market behavior. This indicator calculates the relative strength of supply and demand for each candlestick by analyzing the ratio of buyers to sellers.
🔵 How to Use
The presented indicator is a powerful tool for analyzing supply and demand strength in financial markets. It helps traders identify the strengths and weaknesses of buyers and sellers and utilize this information for better decision-making.
🟣 Analyzing the Highest Volume Trades on Candles
A unique feature of this indicator is the visualization of price levels with the highest trade volume for each candlestick. These levels are marked as black lines on the candles, indicating prices where most trades occurred. This information is invaluable for identifying key supply and demand zones, which often act as support or resistance levels.
🟣 Trend Confirmation
The indicator enables traders to confirm bullish or bearish trends by observing changes in buyer and seller strength. When buyer strength increases and demand surpasses supply, the likelihood of a bullish trend continuation grows. Conversely, decreasing buyer strength and increasing seller strength may signal a potential bearish trend reversal.
🟣 Adjusting Timeframes and Calculation Methods
Users can customize the indicator's candlestick timeframe to align with their trading strategy. Additionally, they can switch between moving average and current candle modes to achieve more precise market analysis.
This indicator, with its accurate and visual data display, is a practical and reliable tool for market analysts and traders. Using it can help traders make better decisions and identify optimal entry and exit points.
🔵 Settings
Lower Time Frame Volume : This setting determines which timeframe the indicator should use to identify the price levels with the highest trade volume. These levels, displayed as black lines on the candlesticks, indicate prices where the most trades occurred.
It is recommended that users align this timeframe with their primary chart’s timeframe.
As a general rule :
If the main chart’s timeframe is low (e.g., 1-minute or 5-minute), it is better to keep this setting at a similarly low timeframe.
As the main chart’s timeframe increases (e.g., daily or weekly), it is advisable to set this parameter to a higher timeframe for more aligned data analysis.
Cumulative Mode :
Current Candle : Strength is calculated only for the current candlestick.
EMA (Exponential Moving Average) : The strength is calculated using an exponential moving average, suitable for identifying longer-term trends.
Calculation Period : The default period for the exponential moving average (EMA) is set to 21. Users can modify this value for more precise analysis based on their specific requirements.
Ultra Data : This option enables users to view more detailed data from various market sources, such as Forex, Crypto, or Stocks. When activated, the indicator aggregates and displays volume data from multiple sources.
🟣 Table Settings
Show Info Table : This option determines whether the information table is displayed on the chart. When enabled, the table appears in a corner of the chart and provides details about the strength of buyers and sellers.
Table Size : Users can adjust the size of the text within the table to improve readability.
Table Position : This setting defines the table’s placement on the chart.
🔵 Conclusion
The indicator introduced in this article is designed as an advanced tool for analyzing supply and demand dynamics in financial markets. By leveraging buyer and seller strength ratios and visually highlighting price levels with the highest trade volume, it aids traders in identifying key market zones.
Key features, such as adjustable analysis timeframes, customizable calculation methods, and precise volume data display, allow users to tailor their analyses to market conditions.
This indicator is invaluable for analyzing support and resistance levels derived from trade volumes, enabling traders to make more accurate decisions about entering or exiting trades.
By utilizing real market data and displaying the highest trade volume lines directly on the chart, it provides a precise perspective on market behavior. These features make it suitable for both novice and professional traders aiming to enhance their analysis and trading strategies.
With this indicator, traders can gain a better understanding of supply and demand dynamics and operate more intelligently in financial markets. By combining volume data with visual analysis, this tool provides a solid foundation for effective decision-making and improved trading performance. Choosing this indicator is a significant step toward refining analysis and achieving success in complex financial markets.
Candlestick analysis
Intrabar BoxPlotThe Intrabar BoxPlot publication highlights an uncommon technique by displaying statistical intrabar Lower Timeframe (LTF) values on the chart.
🔶 USAGE
🔹 Middle 50% Boxes
By showing the middle 50% intrabar values through a box, we can more easily see where the intrabar activity is mainly situated.
The middle 50% intrabar values are referred to from here on as Interquartile range (IQR).
In this example, the successive IQRs form a channel where the price eventually breaks out.
Disproportionately distributed values can give insights which can be used to find potential support/resistance areas.
IQR gaps can give valuable information as well. Potentially, the price can return to these gaps.
Seeing the IQR areas against regular candles gives an alternative image of the underlying price movements.
🔹 Highest volume Price level
The script displays the price level with the highest volume situated, dependable on the user's source setting. Setting the source at 'close' will only display intrabar close values; the same goes for high, low, ...
As seen in the above example, the volume levels can aid in finding support/resistance.
🔹 Median
The location of the median off all intrabar values is displayed as a coloured dot: green when the close price is higher than the opening price and red if otherwise. The median can give valuable insights into price movements.
🔹 Outliers
Medium (white dots) and extreme (white X) outliers, in combination with the IQR box, can help identify potential areas of interest.
🔹 Volume Delta
When there is a discrepancy between the delta volume and direction of the candle, this will be displayed as follows:
Green candle: when the sum of the volume of red intrabars is higher than the sum of the volume of green intrabars, the candle will be coloured orange.
Red candle: when the sum of the volume of green intrabars is higher than the sum of the volume of red intrabars, the candle will be coloured blue.
🔹 Highlight Boxplot only
Probably the easiest way to display boxplot only is by changing the Bar's style to Bars .
🔶 DETAILS
All intrabar values (Lower TimeFrame - LTF) are sorted and evaluated. Values can be close , high , low , ... by selecting this in Settings ( source ).
The middle 50% of all values are displayed as a box; this contains the values between percentile 25 (p25) and percentile 75 (p75). The value of percentile rank 75 means 75% of all values are lower. The value of percentile rank 25 means 25% of all values are lower, or 75% is higher.
The difference between p75 and p25 is also known as Interquartile range (IQR)
IQR is used to check for outliers.
Wiki: Boxplot , Interquartile range
Extreme high: maximum value, higher than p75 + IQR*3
Max outlier high: maximum value, higher than p75 + IQR*1.5 but lower than p75 + IQR*3
Max: maximum value, lower than p75 + IQR*1.5
Min: minimum value, higher than p25 - IQR*1.5
Min outlier low: minimum value, lower than p25 - IQR*1.5 but higher than p25 - IQR*3
Extreme low: minimum value, lower than p25 - IQR*3
Max and min must not be interpreted with the current candle high/low.
🔹 Example: Length of chart-puppets
The following example can make it easier to digest. Forty "chart-puppets" are sorted by their length.
The p25 value is 97
The p50 value is 120
The p75 value is 149
75% of all "chart-puppets" are smaller than p75, and 25% is larger than p75.
50% of all "chart-puppets" are smaller than p50, and 50% is larger than p50 (= median).
25% of all "chart-puppets" are smaller than p25, and 75% is larger than p25.
IQR = 149 - 97 = 52
Extreme outlier limit max: p75 + IQR*3 = 149 + 52*3 = 305
Mild outlier limit max: p75 + IQR*1.5 = 149 + 52*1.5 = 227
Mild outlier limit min: p25 - IQR*1.5 = 97 - 52*1.5 = 19
Extreme outlier limit min: p25 - IQR*3 = 97 - 52*3 = -59
In this example there are no outliers to be found, all values are located between p25 - IQR*1.5 (19) and p75 + IQR*1.5. (227)
🔹 Source settings
Note that results are dependable on the chosen source (settings). When, for example, close is chosen as the source, only intrabar close prices are included. This means a low or high can stretch further then the min or max.
Here we can see different results with different source settings
🔹 LTF settings
When 'Auto' is enabled (Settings, LTF), the LTF will be the nearest possible x times smaller TF than the current TF. When 'Premium' is disabled, the minimum TF will always be 1 minute to ensure TradingView plans lower than Premium don't get an error.
Examples with current Daily TF (when Premium is enabled):
500 : 3 minute LTF
1500 (default): 1 minute LTF
5000: 30 seconds LTF (1 minute if Premium is disabled)
🔶 SETTINGS
Source: Set source at close, high, low,...
🔹 LTF
LTF: LTF setting
Auto + multiple: Adjusts the initial set LTF
Premium: Enable when your TradingView plan is Premium or higher
🔹 Intrabar Delta : Colors, dependable on different circumstances.
Up: Price goes up, with more bullish than bearish intrabar volume.
Up-: Price goes up, with more bearish than bullish intrabar volume.
Down: Price goes down, with more bearish than bullish intrabar volume.
Down+: Price goes down, with more bullish than bearish intrabar volume.
🔹 Table
Show table: Show details at the top right corner
Show TF: Show LTF at the bottom right corner
Text color/table size
See DETAILS for more information
DGR EMAS 13,48,200ESTRATEGIA MEJORADA CON EMAS
Este script identifica señalas claras de entrada para CALL y PUT basadas en:
Alineación de EMAs (13, 48, 200): Define la tendencia (alcista o bajista).
Rupturas de Niveles Clave: PDH, PDL, PMH, y PML.
Validación de Volumen: Asegura entradas con fuerza.
Características:
🟢 CALL: Icono debajo de la vela en retrocesos alcistas con ruptura de niveles.
🔴 PUT: Icono encima de la vela en retrocesos bajistas con ruptura de niveles.
Alertas: Notificaciones en tiempo real para entradas válidas.
Perfecto para temporalidades de 2 y 5 minutos, con señales precisas y visualizaciones claras
Price and Volume Oscillator StrategyThis Pine Script follows the described strategy, including:
Price Oscillator (PO): Difference between short and long moving averages of price.
Volume Oscillator (VO): Difference between short and long moving averages of volume.
Buy/Sell Logic: Opens a buy order when the PO and VO conditions align for bullish momentum, and vice versa for a sell order.
Order Closing Logic: Closes orders when the opposing conditions are met.
Candle Markers: Marks candles with labels when an order is opened or closed.
5 Minute PSPWhen there is a PSP followed by two 5 minute candles in the same direction this will trigger a signal
20 SMA Signal Boxes (Stacked with Target Labels)This indicator is designed for traders who utilize the 20-period Simple Moving Average (SMA) as part of their trading strategy. It identifies buy and sell signals when price crosses above or below the 20 SMA and visually plots the following on the chart:
Signal Candle Box (Yellow):
Outlines the candle where the signal occurred, marking the entry point (top for buys, bottom for sells) and the risk point.
Target Boxes (Blue):
Three blue boxes plot potential profit targets:
"Long Target" for buys: The top of the first blue box.
"Sell Target" for sells: The bottom of the first blue box.
Buy/Sell Labels:
BUY labels point upward and appear below the signal candle.
SELL labels point downward and appear above the signal candle.
This visual system helps traders quickly identify signals, measure potential risk, and manage trade targets effectively.
Features:
Fully customizable visual representation of buy/sell signals and targets.
Clean, modern, and intuitive design.
Works seamlessly on all timeframes.
How to Use:
Use the yellow signal box for entry and risk placement.
Use the blue target boxes to set realistic profit targets.
Combine this indicator with other technical analysis tools for confirmation.
Disclaimer:
This indicator is for educational purposes only and is not financial advice. Always practice proper risk management.
Advanced Triple EMA, Stochastic RSI, MACD, UT Boat AlertAdvanced Triple EMA, Stochastic RSI, MACD, UT Boat Alert
Estratégia MHI (Martin-Gale High Impact) AR traderEstratégia MHI
A estratégia MHI é baseada na análise das últimas três velas de um gráfico (geralmente em períodos de 5 minutos) para prever o comportamento da próxima vela. É uma abordagem que se concentra em padrões de mercado de curto prazo e utiliza estatísticas e probabilidades para gerar sinais de entrada.
Enhanced 20 SMA Signal Boxes with Dynamic FeaturesEnhanced 20 SMA Signal Boxes with Dynamic Features
The Enhanced 20 SMA Signal Boxes indicator is a comprehensive trading tool designed to simplify and amplify your trading decisions. By combining the power of the 20-period Simple Moving Average (SMA) with advanced visual and dynamic features, this indicator delivers clarity and precision in identifying key market trends.
Key Features:
Signal Boxes:
Automatically highlights buy and sell signals with visual signal boxes when the price crosses the 20 SMA. These boxes are color-coded and provide an intuitive representation of trend changes.
Dynamic Gradient Zones:
Integrates gradient zones to display areas of potential support and resistance using ATR-based calculations. These zones dynamically adapt to market conditions, providing actionable insights.
Stop Loss and Target Lines:
Stop Loss Lines: Automatically calculates and plots stop loss levels to manage risk effectively.
Target Lines: Projects profit targets based on recent price action, ensuring clear goal-setting for trades.
Customizable Visuals:
Tailor the appearance of the SMA line, signal boxes, and gradient zones to suit your trading style. Adjust colors, opacity, and line thickness for a fully personalized experience.
Alert System:
Stay ahead of the market with built-in alerts for buy and sell signals. Get notified instantly when the price crosses the SMA or reaches key target levels.
Clear Entry and Exit Points:
The indicator provides clear labels ("BUY" and "SELL") to mark entry and exit points, helping you avoid guesswork and make informed decisions.
Performance Optimization:
Designed for seamless integration into any trading strategy, this indicator ensures smooth performance even in volatile markets.
How It Works:
Buy Signal: A signal box appears when the price crosses above the 20 SMA, indicating a potential upward trend. Target lines and stop loss levels are dynamically drawn for the current signal.
Sell Signal: A signal box is generated when the price drops below the 20 SMA, signaling a potential downward trend. As with buy signals, target and stop loss levels are calculated and displayed.
Why Use It?
The Enhanced 20 SMA Signal Boxes indicator is ideal for traders seeking a simple yet robust tool to streamline their decision-making process. Its dynamic and customizable features ensure it adapts to any trading strategy, whether you're a beginner or an experienced trader.
Take your trading to the next level with this versatile and powerful indicator!
Confirmed Stage 2 UptrendFrom the Book Think and Trade Like a Champion The Secrets, Rules & Blunt Truths of a Stock
Market Wizard - MARK MINERVINI
THE TREND TEMPLATE
You don’t have to go to business school; you’ve only got to remember one thing . . . you always
want to be with whatever the predominant trend is.
—Paul Tudor Jones
STAGE 2 ONLY
In my first book, one of the fundamental building blocks I discussed was
“Stage Analysis”—and, in particular, the importance of Stage 2. Like all
stocks, superperformance stocks go through stages. There are four distinct
stages. The cycle through all four could take several years or even decades.
The stage you want to focus on is Stage 2. I avoid going long a stock in any
stage except Stage 2. During the other three stages (1, 3 and 4), you are either
losing money or losing time.
When a stock is in Stage 2, it increases the odds that big buyers are in there
supporting the stock. Based on studies of the biggest winning stocks going
all the way back to late 1800s, more than 95 percent of those stocks made
their huge price gains while in a Stage 2 uptrend. That is fact, not opinion.
Wouldn’t you rather be in sync with a 95 percent probability of a stock being
in a big winner, than in the 5 percent club?
I identify the four stages based on what is happening in the stock’s price
action:
1. Stage 1: Neglect phase: consolidation
2. Stage 2: Advancing phase: accumulation
3. Stage 3: Topping phase: distribution
4. Stage 4: Declining phase: capitulation
I made on indicator confirmed Stage 2 uptrend.
1. Stock price is above both the 150-day (30-week) and the 200-day (40-
week) moving average price lines.
2. The 150-day moving average is above the 200-day moving average.
3. The 200-day moving average line is trending up for at least 1-month
(preferably 4 to 5 months or longer).
4. The 50-day (10-week moving average) is above both the 150-day and
the 200-day moving averages.
5. The current stock price is at least 25 percent above its 52-week low.
(Many of the best selections will be 100 percent, 300 percent, or more
above their 52-week low before they emerge from a healthy consolidation period and mount a large-scale advance).
6. The current stock price is within at least 25 percent of its 52-week high
(the closer to a new high the better).
7. The relative strength (RS) ranking (as reported in Investor’s Business
Daily) is no less than 70, but preferably in the 90s, which will generally
be the case with the better selections. (Note: The RS line should not be
in a strong downtrend. I like to see the RS line in an uptrend for at least
6 weeks, preferably 13 weeks or more.)
8. Current price is trading above the 50-day moving average as the stock is
coming out of a base.
My Trend Template outlines the criteria I apply to every stock I’m
considering. It’s my qualifier, or what I refer to as “non-negotiable
criteria.” Any stock that fails to make the cut is off my radar.
As the stock transitions from Stage 1 to Stage 2, you should see a
meaningful pickup in volume—a sign of institutional support. Looking for
stocks that are in verified uptrends allows me to make my first cut and
systematically narrow down my potential candidates. Doing this also will
help you identify the best stocks with the greatest chances of yielding highly
profitable returns. With your hard-earned money on the line, finding
superperformance takes a set of criteria based on sound rules and the
discipline to adhere to them.
Amateurs, however, very seldom trade this way; when they do, it’s rarely
consistent. Here’s how their thinking goes: They missed the boat on
Facebook’s big run-up, so now they look for a chance to buy it when it
appears to be “cheap.” Or they notice Twitter has been going down, so they
assume it must bottom sometime soon, because hundreds of millions of
people are tweeting all day. People who buy this way are all but guaranteed
to do real damage to their portfolios—it’s just a matter of time.
1% Open-Close StrategyShort Term Trend Following Based on Candle Range (1% candle True Range) for Buy and Sell Entry
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Advanced MACD with Pressure Indication"Advanced MACD with Pressure Indication" is a powerful and visually enhanced version of the classic MACD indicator, designed to help traders analyze momentum and trend strength with greater clarity.
### Key Features:
1. **Customizable Parameters**:
- Fast EMA Length (default: 12)
- Slow EMA Length (default: 26)
- Signal SMA Length (default: 9)
2. **Dynamic Histogram Coloring**:
- The histogram color changes dynamically based on pressure:
- **Teal**: Positive histogram increasing.
- **Light Green**: Positive histogram decreasing.
- **Red**: Negative histogram decreasing.
- **Pink**: Negative histogram increasing.
3. **Highlighted MACD and Signal Lines**:
- MACD Line: Blue for trend visibility.
- Signal Line: Orange for clear crossover detection.
4. **Background Gradient for Pressure**:
- Subtle green or red background to reflect positive or negative momentum shifts.
5. **Simplified Visualization**:
- Histogram plotted with columns for easy differentiation of pressure changes.
This indicator is suitable for traders of all levels, offering insightful visual cues to identify trend reversals, momentum shifts, and potential entry/exit points. Optimize your trading strategy with this advanced MACD tool!
КолебанияОписание:
Индикатор определяет локальные максимумы и минимумы на графике цены, используя принцип сравнения с соседними свечами. Точка считается экстремумом, если она является самой высокой/низкой среди двух свечей слева и двух свечей справа.
Основные компоненты:
Локальный максимум (▼ черный треугольник сверху):
Формируется, когда high центральной свечи выше, чем high двух свечей слева и двух свечей справа
Указывает на потенциальную точку сопротивления или разворота вниз
Локальный минимум (▲ черный треугольник снизу):
Формируется, когда low центральной свечи ниже, чем low двух свечей слева и двух свечей справа
Указывает на потенциальную точку поддержки или разворота вверх
Применение:
Определение уровней поддержки и сопротивления
Поиск точек входа и выхода из позиций
Анализ структуры тренда
Определение потенциальных точек разворота
Торговые стратегии:
Торговля от уровней:
Покупка от локальных минимумов
Продажа от локальных максимумов
Подтверждение тренда:
Восходящий тренд: формирование более высоких минимумов
Нисходящий тренд: формирование более низких максимумов
Поиск разворотных паттернов:
Двойные/тройные вершины и основания
Дивергенции с осцилляторами
Преимущества:
Простой и понятный алгоритм
Четкие сигналы без перерисовки
Работает на любых таймфреймах
Не требует дополнительных индикаторов
Ограничения:
Сигналы формируются с задержкой (нужны 2 свечи справа)
Может давать много сигналов в боковом движении
Требует подтверждения другими инструментами анализа
Рекомендации по использованию:
Комбинировать с трендовыми индикаторами
Использовать в сочетании с уровнями поддержки/сопротивления
Учитывать общий тренд рынка
Дополнять анализом объемов и волатильности
Параметры настройки:
Период (n = 2): количество свечей для сравнения
Прозрачность (transp = 25): визуальная настройка отображения
Цвет (color.black): цвет сигнальных стрелок
Установка:
Скопировать код индикатора
Вставить в Pine Script редактор
Добавить на график
При необходимости настроить параметры
Совместимость:
Работает на всех таймфреймах
Подходит для любых торговых инструментов
Версия Pine Script: 5
Momentum Candle Indicator Black White BY GAUTAM DIXITMomentum Candle Indicator Black White Keroichi M15 GOLD all credit to GAUTAM DIXIT. i only change the color
Mean Reversion Strategy//@version=5
strategy("Mean Reversion Strategy", overlay=true)
// User Inputs
length = input.int(20, title="SMA Length") // Moving Average length
stdDev = input.float(2.0, title="Standard Deviation Multiplier") // Bollinger Band deviation
rsiLength = input.int(14, title="RSI Length") // RSI calculation length
rsiOverbought = input.int(70, title="RSI Overbought Level") // RSI overbought threshold
rsiOversold = input.int(30, title="RSI Oversold Level") // RSI oversold threshold
// Bollinger Bands
sma = ta.sma(close, length) // Calculate the SMA
stdDevValue = ta.stdev(close, length) // Calculate Standard Deviation
upperBand = sma + stdDev * stdDevValue // Upper Bollinger Band
lowerBand = sma - stdDev * stdDevValue // Lower Bollinger Band
// RSI
rsi = ta.rsi(close, rsiLength) // Calculate RSI
// Plot Bollinger Bands
plot(sma, color=color.orange, title="SMA") // Plot SMA
plot(upperBand, color=color.red, title="Upper Bollinger Band") // Plot Upper Band
plot(lowerBand, color=color.green, title="Lower Bollinger Band") // Plot Lower Band
// Plot RSI Levels (Optional)
hline(rsiOverbought, "Overbought Level", color=color.red, linestyle=hline.style_dotted)
hline(rsiOversold, "Oversold Level", color=color.green, linestyle=hline.style_dotted)
// Buy and Sell Conditions
buyCondition = (close < lowerBand) and (rsi < rsiOversold) // Price below Lower Band and RSI Oversold
sellCondition = (close > upperBand) and (rsi > rsiOverbought) // Price above Upper Band and RSI Overbought
// Execute Strategy
if (buyCondition)
strategy.entry("Buy", strategy.long)
if (sellCondition)
strategy.entry("Sell", strategy.short)
// Optional: Plot Buy/Sell Signals
plotshape(series=buyCondition, location=location.belowbar, color=color.green, style=shape.labelup, title="Buy Signal")
plotshape(series=sellCondition, location=location.abovebar, color=color.red, style=shape.labeldown, title="Sell Signal")
MFS-3 Bars Pattern Strategy3 Bar Pattern Strategy
Detects an Ignite Candle followed by a Pullback Candle followed by a Confirmation Candle.
A Box will be drawn around the setup and three arrows will identify I, P, C (Ignite, Pullback, Confirmation) the setup.
The strategy will calculate a Stop Loss below the Low Price of the Ignite candle and a Take Profit at 2 times the Stop Loss giving a Risk to Reward Ratio of 1:2.
Extra conditions are included to reduce false triggers:
- A down trend must be detected using 3 SMA (Long, Medium, Short) that should be aligned from Long to Short one above the other.
- The Ignite Candle's body must be BELOW the Short SMA
An input form is available to adjust some strategy parameters.
Performance Note
----------------------
Trading conditions are very strict, so most of the time, no signals will be detected in the Strategy window.
This strategy should only be one of many strategies used for trade setups.
Hope you enjoy it.
Sri karnakarJust a miscellaneous collection of things. You may see these in your bedroom, in your office, outside, in the water, in the sky, etc.
Create a scavenger hunt by generating a couple lists of 10 things. Pass out those lists and race your friends to collect all the object on your list. Some list may be way harder than other. It may be necessary to have the player snap a picture where necessary. For example: are you going to bring a sailboat home? Things like shampoo or a cell phone should be presented in person. Otherwise you could get most of your list done with a camera and a trip to Target.
Lara - K线包含关系合并 v0.1 Based on Chan Theory (缠论), this script simplifies candlestick charts (K線) by merging two overlapping candlesticks. The logic dynamically combines candlesticks into single entity. If two overlapping candlesticks form an upward relationship compared to the previous candlestick, the higher high and higher low are taken. Conversely, if they form a downward relationship, the lower high and lower low are taken.
Eze Profit Advanced Heikin Ashi OverlayThe Eze Profit Advanced Heikin Ashi Overlay is a powerful tool designed to enhance your technical analysis and trading decisions. This script simplifies trend visualization by using smoothed Heikin Ashi candles with customizable features. Whether you're a beginner or an experienced trader, this indicator helps you identify clear trends, reduce chart noise, and better understand market dynamics.
Features
Smoothed Heikin Ashi Candles:
Optionally apply EMA smoothing to the Heikin Ashi calculation for cleaner trend signals.
Adjustable smoothing length for more or less responsiveness.
Vertical Offset:
Add a customizable vertical offset to separate Heikin Ashi candles from the main price chart.
Great for improving chart clarity when combining multiple indicators.
Customizable Colors:
Choose your preferred colors for bullish and bearish candles to match your charting style.
Designed for All Markets and Timeframes:
Works seamlessly across stocks, forex, crypto, commodities, and more.
How to Use
Enable/Disable Features:
Use the settings panel to toggle smoothing, adjust vertical offset, or change colors.
Identify Trends:
Bullish trends: Green Heikin Ashi candles.
Bearish trends: Red Heikin Ashi candles.
Combine with Other Tools:
Use alongside support/resistance, RSI, or volume indicators for better confluence.
The vertical offset allows easy integration with other overlays.
Disclaimer
This script is provided for educational purposes only and does not constitute financial advice. Trading involves risk, and past performance is not indicative of future results. Always perform your own analysis and consult a financial professional before making trading decisions.
Buy/Sell Side Liquidity//@version=5
indicator("Buy/Sell Side Liquidity", overlay=true)
// Parámetros
lookback_high = input.int(20, title="Buscar Máximos (Buy Side)", minval=1)
lookback_low = input.int(20, title="Buscar Mínimos (Sell Side)", minval=1)
show_labels = input.bool(true, title="Mostrar Etiquetas")
// Detectar máximos y mínimos recientes
highest_price = ta.highest(high, lookback_high)
lowest_price = ta.lowest(low, lookback_low)
// Detectar barras donde aparecen los máximos y mínimos
high_bar = ta.highestbars(high, lookback_high)
low_bar = ta.lowestbars(low, lookback_low)
// Dibujar líneas en las zonas de Buy/Sell Side Liquidity
bsl_line = line.new(x1=bar_index - lookback_high, y1=highest_price, x2=bar_index, y2=highest_price, color=color.new(color.blue, 70), width=2, extend=extend.right, style=line.style_dotted)
ssl_line = line.new(x1=bar_index - lookback_low, y1=lowest_price, x2=bar_index, y2=lowest_price, color=color.new(color.red, 70), width=2, extend=extend.right, style=line.style_dotted)
// Etiquetas opcionales para identificar zonas de liquidez
if show_labels
label.new(bar_index , highest_price, "BSL", style=label.style_label_down, color=color.blue, textcolor=color.white)
label.new(bar_index , lowest_price, "SSL", style=label.style_label_up, color=color.red, textcolor=color.white)
