This indicator is very simple, but surprisingly effective, and I haven't found any mention of something similar, so here it is. I hope it helps you in your stock trading.
Someone made a comment in a trading room that the 8 am candle of the stock looked odd, so I quickly checked all the other stocks I had on my screen, and for all of them, the 8 am candle was...
A piercing pattern is known in technical analysis to be a potential signal for a bullish reversal. The formation in its strictest form is rather rare, but tends to perform better the longer the downtrend in front of it. When technical studies such as RSI, Stochastic or MACD are showing a bullish divergence at the same time a piercing pattern appears, it...
This code is just a combination of all TradingView's Candlestick Pattern.
I mix all the TV Candlestick Patterns Indicator from the TradingView in Indicator.
I am really excited to publish my work, I know its at the beginning but there is a lot to come in the future. I am writing a script to identify the candlestick patterns. In this version, I have added Hammer and Hanging Man Pattern in the first version, I know its less but its a beginning, I will keep adding the new information in my script in upcoming...
My script builds upon another user-submitted script by rebuilding the logic used to identify candlestick patterns. The logic in my script is a mix of strict and lax guidelines to mitigate false flags and present valid buy and sell signals.
-To use this indicator, simply add it to any chart. It will identify trends on any time frame although the lower you go, the...
This simple indicator will help identify the 123 Patterns on the charts. It's build based on the zigzag indicator, which will work as a guideline to identify the 3 points. As soon as the price crosses the third point, the indicator will draw 3 lines: entry, take profit, and stop loss. Those lines will work as a reference and may help with other indicators. This...
I read somewhere that candles can easily confuse the eye, making it easy to lose focus. We get distracted by the size of the candle body and the candle's color without paying attention to its true range and how it compares to that of the previous candle.
With Up or Down? you get two signals. The blue arrow below lets you know that the candle's current low and...
I wanted to apply an RSI filter to some of the new Candlestick Patterns (in the indicators tab) since some of them looked to be quite effective for picking reversals. Turns out it's a pretty good pairing.
You can modify the RSI length in addition to the upper and lower thresholds. I also added in check boxes to combine different bullish and bearish patterns.
The...
// Name: Reversal Candlestick Pattern Detector
// Condition:
// 1-up move: last n candles, 3/5 move higher; and/or the last is the highest in past n bars
// 2-down move: last n candles, 3/5 move lower; and/or the last is the lowest in past n bars
//
// Show Bullish reversal pattern in down move; Show Bearish reversal pattern in up move;
//
//Reversal...
The script displays a label when a candle stick pattern is detected based on Trends. This is related to the latest Candlestick patterns released in TradingView. I've created this to have all candlestick patterns in one indicator.
Candlestick Patterns can be one of confirmation of a trend you're following or a reversal.
DISCLAIMER: For educational purposes only....
I combined all the build-in candlestick patterns scripts into one single script so anyone who does not have a Pro plan can display all the patterns in the same chart.
Leave a comment for any feedback!
Hi,
Here I have collated all of the in-built TradingView candlestick patterns into one indicator.
It works on all time frames and can be useful for candlestick traders to quickly spot patterns forming on any chart.
It also allows for all individual patterns to be set up as seperate alerts within the same indicator.
Any issues/suggestions/requests let me know.
Enjoy!
This script is the perfect strategy for the all mighty shark-32 pattern.
It shows the power tussle between demand and supply before either of them finally gives up.
Candlesticks are graphical representations of price movements for a given period of time. They are commonly formed by the opening, high, low, and closing prices of a financial instrument. They have their origins in the centuries-old Japanese rice trade and have made their way into modern day price charting.
It’s important to note that candlestick patterns aren’t...
This is a Moving Average indicator base on R/S which design for Chinese.
这是一个基于均线作为移动支撑阻挡的用法而设计的指标。
本脚本的目的在于帮助使用中文的人了解该指标，特别是其用法。同时将该指标代码添加完整的中文注释，方便使用中文的人学习Pine语言。
均线移动支撑阻挡的用法是葛南维八大买卖法则的基础。
本指标的特色
本指标利用均线的支撑阻挡效应来捕捉一段长期趋势的第二段行情。
*万有引力：即均值回归理论。认为价格始终在重复着远离其均值，再回到其均值；
*洛希极限：以均线为中心，以其0.2标准差构建其上下轨道，形成一个容错通道；
指标可调节参数
该指标有三个可设置的参数
1 短周期均线参数：默认为20；
2 ...
Hello Traders,
In the book "Secrets of a Pivot Boss: Revealing Proven Methods for Profiting in the Market" by Franklin Ochoa, Four different types of reversal systems were introduced and candlestick patterns are used to find reversals. I will not write a lot about the book, you should get/read it for yourself. There are many great ideas in the book, Candlesetick...
![BTCUSDT: HTF Candlestick Patterns [TradingView] vX by DGT](https://s3.tradingview.com/n/nmOlZrRv_mid.png "HTF Candlestick Patterns [TradingView] vX by DGT")
