The Indicator show Directional Bar inside a market context
You must first do analisys context and next you can use the directional candle
Show Candles:
B3: The price close lower than the before candle and your own third third
A1: The price close higher than the before candle and your own first third
RU: Candle of Rejection in trend up. The price open and close in...
Todays scripts is for the INTRADAY Traders who would use a timeframe setup like (3m,5m,10,15m)
This script is a candle filter for Pulllbacks, Rally Candle, Hammers.
Ive added a new condition = RSI Overbought for the Rally Candle and Oversold for the Pullback to eliminate weak candles.
Also there is a ema filter if you want to only use the pullbacks above...
Todays scripts is based on my Pullback And Rally Candles with other meaningful candles such as Hammers and Dojis.
You can choose which Candles to show on the cart and if you want to candles to appear above or below a moving average.
If you follow my work, you may recognise some of these candles which I'm about to show you however these candles are 1) more...
Oxymoronic (oxy) candlesticks often appear at significant levels in a chart and can indicate increased probabilities of directional moves.
Typically, green candles are hollow and red candles are filled. An oxymoronic candle is colored bullishly but filled bearishly (solid green) or vice versa (hollow red).
Oxy flags occur when:
1) Price gaps up and closes lower...
Todays scripts is based on my Pullback And Rally Candles with other meaningful candles such as Hammers and Dojis.
You can choose which Candles to show on the cart and if you want to candles to appear above or below a moving average.
If you follow my work, you may recognise some of these candles which I'm about to show you however these candles are 1) more...
Following on from the previous Pullback Candle which smashed over 100 likes - here we have the strategy behind the indicator.
Signal = Pullback Candle (This will alert on all timeframes and markets when selecting the Alert function for the Signal
Entry = When the Pullback Candle is confirmed ie 16:00 - the strategy will enter within the next two candles.
Stop...
The Trend and Key Levels combined with Barcolor is designed to be used more on higher timeframes, 1 hour and above to show long term trend by volume weighted moving average. And allowing you to play entries off key levels. This script will not be useful on the daily or weekly timeframes if you are using the key levels.
This script changes barcolor eitherside...
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...
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...
Few Months ago I started wanted to code a candle which alerts me when a Rally may be over in Bearish Conditions and today I have created a candle which is 1. subjective but more importantly appears in areas where buying pressure is at either a climax or in the process of a decline and this is where the Rally Candle signals. This shows momentum may be shifting and...
Multiple Wicks forming at OverSold & OverBought levels create Buying and Selling Pressure. This Script tries to capture the essence of the buy and sell pressure created by those wicks. Wick pressure shows that the trend is Exhausted.
How it works:
This Wick Pressure Indicator checks for three candles forming the wicks in overbought and oversold zones. The...
Hello!
This script uses TradingView's *All Candlestick Patterns* indicator and includes a volume filter.
The frequency of each candlestick pattern is recorded in addition to the subsequent session's outcome - higher or lower close.
The requisite volume for the pattern is configurable; formations will not be distinguished when volume is less than the defined...
This indicator tries to measure the power of candle.
You can also integrate some candles to measure the power. The “Length” is for integrating candles. If the Length is equal 5, it means indicator calculate power of recent 5 candles.
The second editable factor in “Shadow index” which represent the power of shadows.
The last factor in Average Criteria which is...
CANDLES COLORED GREEN OR RED ACCORDING TO BUY & SELL PRESSURE
This indicator paints each candle green, red or blue depending on whether the buy/sell pressure for that candle is bullish, bearish or neutral.
***TURN OFF NORMAL CANDLE COLORS***
For this script to show properly on the chart, make sure you go to chart settings(gear icon in top right corner) and in...
Hello traders,
Let’s start with a brief description of what this strategy/indicator is and what it does and how we trade based on Alpha Candles.
The definition of an Alpha Candle is that it is mathematically calculated, and significantly bigger than the previous candles. This could be a green candle or a red candle, as long as the body is significantly...
The indicator is derived from the concept of Aurora Candles (Credit to RK Arora)
Description
The script instantly calculates and highlights the largest candle (from high to low) in a user specified lookback period. It then plots the expected support, resistance, supply and demand levels. When a larger candle is printed, it will immediately plot the new...
Hello Traders!
As a fan of Bulkowski, I figured I'd release this for everyone's benefit as well.
The legendary candlestick pattern expert, Thomas Bulkowski, has over 35 years of trading and analysis experience and is the absolute go-to expert when it comes to candlestick pattern identification.
Bulkowski Candlestick Percentages from his site and books.
Source:...
![SPY: Volume Filtered *All Candlestick Patterns* [KT]](https://s3.tradingview.com/s/s9ghsBeB_mid.png "Volume Filtered *All Candlestick Patterns* [KT]")
