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Candlestick analysis

BTC Buy/Sell Long/Short Super IndicatorBTC Patented Trading Method This script combines my personal MACD+RSI+CCI+BOLINGER+EMA+STOCHASTIK strategy which I've been using for years, into a simpler indicator. The BTC Trading Method is designed to automate the cryptocurrency trading process, enabling the analysis of market data, identification of entry and exit points, and automatic execution of trading operations based on developed algorithms. IMPORTATNT: TIKER: BTCUSDT TIMEFRAMES: 15 min and 1H INVITE-ONLY SCRIPT. Access must be given by me to test this. Request for access. Algorithm Operation The patented trading method utilizes a complex, multi-stage algorithm to automate analysis and trade execution based on technical indicators and specially designed trading strategies. The program’s core operation relies on data from technical and fundamental analysis, analyzed by artificial intelligence in real-time, allowing traders to find the best entry and exit points in the market. Initiation of the Trading Process When the strategy is launched, the program activates the calculation of key technical analysis indicators, with defined parameters (periods, data sources, and overbought/oversold zones). Parameters can vary depending on the user’s chosen configuration. Next, the program tracks historical and current market data in real-time, using these indicators to create a “current state” of the market and subsequently analyze price dynamics. Formation of Trading Signals Based on the accumulated data, including historical price extremes and changes in indicator values, the program generates potential trading signals. These signals are divided into two types: Bullish Signals - generated upon detection of overbought conditions and corresponding divergence, indicating a potential upward price reversal. Bearish Signals - created upon finding an oversold zone and bearish divergence, indicating a possible price decline. The program also records local minimums and maximums for added signal accuracy, providing traders with complete information for decision-making. Historical Analysis and Strategy Adjustment The program records the history of all trades and signals, providing the trader with the opportunity for retrospective analysis. This data is used for further strategy optimization and adjustment of the trading system’s parameters depending on the current market situation and the user’s trading style. In this way, the system automatically performs analysis, generates trading signals, initiates orders, and manages positions, allowing traders to minimize the emotional impact on the trading process and make informed decisions based on mathematically validated data. IMPORTATNT: TIKER: BTCUSDT TIMEFRAMES: 15 min and 1H INVITE-ONLY SCRIPT. Access must be given by me to test this. Request for access.
Pine Script™ indicator
by BEST-TRADERS
Advanced Candlestick Pattern DetectorWhat Does This Indicator Do? This indicator looks at the way price moves in the market using candlesticks (those red and green bars you see on charts). It tries to find special patterns like Bullish Engulfing, Hammer, Doji, and others. When one of these patterns shows up, the indicator checks a bunch of filters to decide if the pattern is strong enough to be a signal to buy or sell. The Main Parts of the Indicator 1. Candlestick Pattern Detection Bullish Engulfing: Imagine you see a small down candle (red) and then a big up candle (green) that completely “covers” the red one. That’s a bullish engulfing pattern. It can signal that buyers are taking over. Bearish Engulfing: The opposite of bullish engulfing. A small up candle (green) is followed by a big down candle (red) that covers the previous candle. This suggests sellers might be in control. Hammer & Shooting Star: Hammer: A candle with a very short body and a long shadow at the bottom. It shows that buyers stepped in after a drop. Shooting Star: Similar to the hammer but with a long shadow on top. It can indicate that sellers are starting to push the price down. Doji: A candle with almost no body. This means the opening and closing prices are very close. It shows indecision in the market. Harami Patterns (Bullish & Bearish): These are two-candle patterns where the second candle is completely inside the body of the first candle. They signal that the previous trend might be about to change. Morning Star & Evening Star: These are three-candle patterns. Morning Star: Often seen at the bottom of a downtrend, it can signal a reversal to an uptrend. Evening Star: Seen at the top of an uptrend, it can signal that the price may soon go down. 2. Filters: Making the Signals Smarter The indicator doesn’t just rely on patterns. It uses several “filters” to decide if a pattern is strong enough to trade on. Here’s what each filter does: a. Adaptive Thresholds (ATR-Based) What It Is: The indicator uses something called ATR (Average True Range) to see how much the price is moving (volatility). How It Works: Instead of using fixed numbers to decide if a candle is a Hammer or a Doji, it adjusts these numbers based on current market activity. User Settings: Use Adaptive Thresholds: Turn this on to let the indicator adjust automatically. Body Factor, Shadow Factor, Doji Factor: These numbers are multipliers that decide how small or big the body and shadows of the candle should be. You can change them if you want the indicator to be more or less sensitive. b. Volume Filter What It Is: Volume shows how many trades are happening. How It Works: The filter checks if the current volume is higher than the average volume (multiplied by a set factor). This helps ensure that the signal isn’t coming from a very quiet market. User Settings: Use Volume Filter: Turn this on if you want to ignore signals when there’s not much trading. Volume MA Period & Volume Multiplier: These settings determine what “normal” volume is and how much higher the current volume must be to count. c. Multi-Timeframe Trend Filter What It Is: This filter looks at a bigger picture by using a moving average (MA) from a higher timeframe (for example, daily charts). How It Works: For a bullish (buy) signal, the indicator checks if the price is above this MA. For a bearish (sell) signal, the price must be below the MA. User Settings: Use Multi-Timeframe Trend Filter: Enable or disable this filter. Higher Timeframe for Trend: Choose which timeframe (like Daily) to use. Trend MA Type (SMA or EMA) & Trend MA Period: Choose the type of moving average and how many candles to average. d. Additional Trend Filters (ADX & RSI) ADX Filter: What It Is: ADX stands for Average Directional Index. It measures how strong a trend is. How It Works: If the ADX is above a certain threshold, it means the trend is strong. User Setting: ADX Threshold: Set the minimum strength the trend should have. RSI Filter: What It Is: RSI (Relative Strength Index) tells you if the price is overbought (too high) or oversold (too low). How It Works: For a buy signal, RSI should be low (under a set threshold). For a sell signal, RSI should be high (above a set threshold). User Settings: RSI Buy Threshold & RSI Sell Threshold: These set the levels for buying or selling. 3. How the Final Signal Is Determined For a signal (buy or sell) to be generated, the indicator first checks if one of the candlestick patterns is present. Then it goes through all these filters (trend, volume, ADX, RSI). Only if everything is in line will it show: A BUY signal when all bullish conditions are met. A SELL signal when all bearish conditions are met. 4. Visual Elements on the Chart Trend MA Line: A blue line is drawn on your chart showing the moving average from the higher timeframe (if you enable the trend filter). This helps you see the overall direction of the market. Labels on the Chart: When a signal is detected, you’ll see: A BUY label below the candle (green). A SELL label above the candle (red). Background Colors: The chart background might change slightly (green for bullish and red for bearish) to give you a quick visual cue. Histogram: At the bottom, there is a histogram that shows +1 for bullish signals, -1 for bearish signals, and 0 when there’s no clear signal. 5. Alerts Alerts are built into the indicator so you can get a notification when a signal appears. The alert messages are fixed strings, meaning they always say something like “BUY signal on at price .” You can set up these alerts in TradingView to be notified via sound, email, or pop-up. How to Use and Adjust the Filters Deciding on Patterns: You can choose which candlestick patterns you want to detect by toggling the options (e.g., Bullish Engulfing, Hammer, etc.). Adjusting Adaptive Thresholds: If you feel that the indicator is too sensitive (or not sensitive enough) during volatile times, adjust the Body Factor, Shadow Factor, and Doji Factor. These change how the indicator recognizes different candle shapes based on market movement. Volume Filter Settings: Use Volume Filter: Turn this on if you want to ignore signals when there’s not enough trading activity. Adjust the Volume MA Period and Volume Multiplier to change what “normal” volume is for your chart. Multi-Timeframe Trend Filter Settings: Choose a higher timeframe (like Daily) to see the bigger picture trend. Select the type of moving average (SMA or EMA) and its period. This filter ensures you only trade in the direction of the overall trend. ADX & RSI Filters: ADX: Adjust the ADX Threshold if you want to change the minimum strength of the trend needed for a signal. RSI: Set the RSI Buy Threshold (for oversold conditions) and RSI Sell Threshold (for overbought conditions) to refine when a signal is valid. Summary This indicator is like having a smart assistant that not only looks for specific price patterns (candlesticks) but also checks if the overall market conditions are right using several filters. By combining: Pattern Detection Adaptive thresholds (based on ATR) Volume Checks Multi-Timeframe Trend Analysis Additional Trend Strength and Overbought/Oversold Indicators (ADX & RSI) ...it helps you decide if it might be a good time to buy or sell. You can customize each part to fit your trading style, and with the built-in alerts, you can be notified when everything lines up. Feel free to adjust the settings to see how each filter changes the signals on your chart. Experimenting with these will help you learn how the market behaves and how you can best use the indicator for your own strategy!
Pine Script™ indicator
by kiemonline2016
Ultimate Pivot Boss Indicator by Naqi BabaUltimate Pivot Boss Indicator – The Most Powerful Trading Tool Unlock the full potential of technical analysis with this enhanced version of the legendary **Pivot Boss** indicator, originally published by Team Taurus. This all-in-one indicator combines **pivot points, moving averages, Bollinger Bands, and more** to give traders a complete edge in the market. ### 🚀 **Key Features:** ✅ **Pivot Points & Support/Resistance Levels** – Identify key price zones effortlessly. ✅ **Dynamic Moving Averages** – Stay ahead of trends with multiple MA options. ✅ **Bollinger Bands** – Spot volatility and potential breakouts. ✅ **Multi-Tool Strategy** – Combines the best indicators into one powerful script. ✅ **Customizable & User-Friendly** – Designed for both beginners and pro traders. This indicator is perfect for **day traders, swing traders, and long-term investors** looking for precision and clarity in their trading decisions. 💡 **Optimize your strategy and trade with confidence!** 👉 Add this indicator to your TradingView chart and take your analysis to the next level! --- Let me know if you need any refinements! 🚀
Pine Script™ indicator
by cyberkazmi
Order Blocks Identifier🔔 Order Blocks Identifier est un outil puissant conçu pour aider les traders à repérer visuellement les order blocks sur leurs graphiques. Ces zones, souvent utilisées par les institutions financières, marquent des niveaux où le prix a réagi après de forts mouvements directionnels. Ce script détecte : ✅ Bullish Order Blocks (BOB) : Dernière bougie baissière avant un fort mouvement haussier. ✅ Bearish Order Blocks (BOB) : Dernière bougie haussière avant un fort mouvement baissier. 🔹 Les bullish order blocks sont affichés sous forme de rectangles verts. 🔹 Les bearish order blocks sont affichés sous forme de rectangles rouges. Ces zones peuvent agir comme des niveaux de support ou de résistance cachés, utiles pour des entrées et sorties précises. Ce script est un outil d’aide et ne garantit pas des trades gagnants. Testez-le sur des comptes démo et faites votre propre analyse avant de prendre des décisions de trading.
Pine Script™ indicator
by raphaelvallois
Daily True Range (DTR) vs Average True Range (ATR)Overview The "DTR vs ATR with Color-Coded Percentage" indicator is a powerful volatility analysis tool designed for traders who want to understand daily price movements in the context of historical volatility. It calculates the Daily True Range (DTR)—the raw measure of a single day’s volatility—and compares it to the Average True Range (ATR), which smooths volatility over a user-defined period (default 14 days). The indicator presents this data in an intuitive table, featuring a color-coded percentage that visually represents how the current day’s move (DTR) stacks up against the average volatility (ATR). This helps traders quickly assess whether the current day’s price action is unusually volatile, average, or subdued relative to recent history. Purpose Volatility Comparison: Visualize how the current day’s price range (DTR) relates to the average range (ATR) over a specified period. Decision Support: Identify days with exceptional movement (e.g., breakouts or reversals) versus normal or quiet days, aiding in trade entry/exit decisions. Risk Management: Gauge daily volatility to adjust position sizing or stop-loss levels based on whether the market is exceeding or falling short of typical movement. Features Daily True Range (DTR) Calculation: Computes the True Range for the current day as the greatest of: Current day’s High - Low High - Previous Close Low - Previous Close Aggregates data on any timeframe to ensure accurate daily values. Average True Range (ATR): Calculates the smoothed average of DTR over a customizable period (default 14 days) using Wilder’s smoothing method. Updates in real-time as the day progresses. Timeframe Flexibility: Works on any chart timeframe (e.g., 1-minute, 1-hour) while always calculating DTR and ATR based on daily data. Color-Coded Display in either compact or table mode The percentage value is color-coded in the table based on configurable thresholds: Safe (default 75): Normal range, within typical volatility Warning: (default 75-125): Above-average volatility. Danger (default 125): Exceptionally high volatility
Pine Script™ indicator
by outofoptions
UTC SignalScript Description This script, named "UTC Signal," uses historical data to provide accurate trading signals. The script analyzes historical data to detect key levels. These levels are used to determine the trend in the market. Traders can use these levels to make informed decisions about when to buy or sell. The script uses visual elements to display key buy and sell signals directly on the chart. "BUY" and "SELL" signals are marked on the chart with different colors and styles to make them easily identifiable. Key Features: Historical Data Analysis: The script takes into account historical data to identify key trading levels. Trade Signal Detection: The script detects buy and sell signals based on the market trend. Premium Style for Signals: Visual elements are enhanced to make trading signals easily recognizable for users. Sound Alerts: The script includes sound alerts for "BUY" and "SELL" signals, allowing traders to react quickly to market changes. This script is ideal for traders who want to receive accurate trading signals based on market trends. By using this script, traders can make informed decisions and improve their trading strategies.
Pine Script™ indicator
by UpTrendChart
Serum Toolkit [ST]Serum is an advanced tool designed for technical analysis. This indicator combines multiple approaches and algorithms to provide information and make buy and sell decisions, as well as trend and volume analysis. Its integrated features include multiple tools for long-term and short-term analysis. characteristics 1. Buy/Sell Signals: Trend following signals differentiated by "+" for a stronger or weaker signal, provided with their own take profit. It is important not to follow the signals blindly, since it is advisable to use other types of confirmations for greater effectiveness. You can also adjust the sensitivity of the signals; The higher the value, the fewer false signals you will encounter, but the signals will be delayed further. You should find a middle ground; the default value is a good starting point. 2. Reversal Signals: Reversal signals to help traders find price reversal zones. These are also differentiated by "+" and should not be used as the sole confirmation. 3. Colored Bars: For better visualization of trend-following or reversal signals. You can activate gradient coloring for even better visualization. 4. Dashboard: Provides information on volatility, trend direction and strength, and signals from multiple time periods for quick visualization of market status. You can also customize the size and position. 5. Hyper Cloud: A multifunctional tool to facilitate the detection of trends with potential reversal zones and the ability to modify its position to detect possible rebound areas. Inspired by Ichimoku clouds, but with a modern approach adapted to the current market. 6. Dynamic Trail: Based on the concept of moving averages and volatility, a robust tool to help detect micro-trends. Ideal for confirming follow-up signals. You can also activate the opposite trailing to detect possible reversal zones or anticipate a change in direction. 7. Market Bias: Another approach to trend detection, but with upper and lower bands. Ideal for identifying reversal zones, overbought or oversold levels when the price exits the bands, TP or SL zones, and visualizing volatility when the bands compress or expand. 8. Trend Driver: Basic indicator based on ATR to detect micro and macro trends. You can adjust the periods to suit your preferences. 9. Tools: Basic tools for every trader, fully customizable. Optimized for the current market and the modern trader. 10. Market Structure: Real-time market structure (BOS and CHoCH). Customizable to detect internal structure and swings. Ideal for identifying trends through price action. 11. Order Blocks: Detection of the most significant order blocks based on previous structure and volume profile. You can customize the number of order blocks and the timeframe for greater precision. 12. Alerts: Multiple customized alerts for all tools. Here are some examples of using Serum’s tools: example 1: 1. Bullish Hype Cloud. 2. Bullish Market Bias. 3. Strong Bullish Signal. 4. Price made a pullback on Hyper Cloud. 5. Oscillator made a pullback on the long-term moving average. 6. Bullish market structure. > After observing these conditions, along with a failed bearish signal, we can speculate that the price will have an upward movement. 7. We closed the trade because a bearish divergence was detected, the oscillator is overbought, and there is a bearish cross on the long-term moving average. example 2: 1. Strong Bullish Signal, accompanied by a candle with a body, engulfing pattern, and breaking the Bollinger Band and opposite Dynamic Trail. 2. Compression of the Bollinger Band, indicating an imminent large price movement (Squeeze). 3. Bullish Dynamic Trail. 4. On the daily timeframe, we have a bullish market structure, and on the 30-minute timeframe, a strong bullish signal. > After observing these conditions, there is a high probability of a strong bullish movement. We open a long position with a stop loss below the Dynamic Trail. 5. We closed the trade because a bearish divergence was detected, the oscillator is overbought, and there is a bearish cross on the long-term moving average. example 3: 1. Strong Bearish Signal, accompanied by a candle with a body, engulfing pattern. 2. Price rejection at the Market Bias and Hyper Cloud, both in bearish conditions. 3. Bearish Smart Flow. > After observing these conditions, there is a high probability of a bearish movement. We open a short position with a stop loss above the last high. 4. We closed the trade because a bullish signal was detected, the oscillator has a bullish signal, and there is a bullish cross on the long-term moving average. example 4: 1. Bullish reversal signal. 2. Bullish divergence and oversold oscillator. 3. Price rejection at the lower Bollinger Band, forming a hammer candle. > After observing these conditions, there is a high probability of a bullish countertrend movement. We open a long position with a stop loss below the hammer candle. 4. We closed the trade because a strong bearish reversal signal was detected, the oscillator shows a bearish divergence, and it is below the long-term moving average. * The indicator is a multifunctional tool that integrates various technical analysis methods to provide trading signals. Its combination of micro and macro trend analysis and the ability to generate alerts make it ideal for traders looking to improve their decision-making in the market. The integration of multiple advanced components allows users to customize the indicator to their specific needs. You can use it to complement your personal strategy or create your own strategy with Serum. 【 It is important to note that trading indicators and any information related to trading strategies are provided solely for educational and informational purposes **DYOR**. They should not be considered financial advice or recommendations for specific trades or investments. It is important to consider these factors when using trading indicators, and PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. Investors are solely responsible for their investment decisions and should carefully evaluate their financial situation, investment objectives, and risk tolerance before making any trades. Additionally, seeking independent financial advice is strongly recommended if needed. The use of trading indicators and the execution of trades are subject to the investor's discretion and responsibility.】
Pine Script™ indicator
by SerumTechnology