Get started

Candlestick analysis

ATR Table with Average [filatovlx]ATR indicator with advanced analytics Description: The ATR (Average True Range) indicator is a powerful tool for analyzing market volatility. Our indicator not only calculates the classic ATR, but also provides additional metrics that will help traders make more informed decisions. The indicator displays key values in a convenient table, which makes it ideal for trading in any market: stocks, forex, cryptocurrencies and others. Main functions: Current ATR value: Current ATR (Points) — the current ATR value in points. It shows the absolute level of volatility. Current ATR (%) — the current ATR value as a percentage of the price. It helps to estimate the volatility relative to the current price of an asset. The ATR value on the previous bar: ATR 1 Bar Ago (Points) — the ATR value on the previous bar in points. Allows you to compare the current volatility with the previous one. ATR 1 Bar Ago (%) — the ATR value on the previous bar as a percentage. It is convenient for analyzing changes in volatility Индикатор ATR с расширенной аналитикой Описание: Индикатор ATR (Average True Range) — это мощный инструмент для анализа волатильности рынка. Наш индикатор не только рассчитывает классический ATR, но и предоставляет дополнительные метрики, которые помогут трейдерам принимать более обоснованные решения. Индикатор отображает ключевые значения в удобной таблице, что делает его идеальным для использования в торговле на любых рынках: акции, форекс, криптовалюты и другие. Основные функции: Текущее значение ATR: Current ATR (Points) — текущее значение ATR в пунктах. Показывает абсолютный уровень волатильности. Current ATR (%) — текущее значение ATR в процентах от цены. Помогает оценить волатильность относительно текущей цены актива. Значение ATR на предыдущем баре: ATR 1 Bar Ago (Points) — значение ATR на предыдущем баре в пунктах. Позволяет сравнить текущую волатильность с предыдущей. ATR 1 Bar Ago (%) — значение ATR на предыдущем баре в процентах. Удобно для анализа изменения волатильности. Среднее значение ATR за последние 5 баров: ATR Avg (5 Bars) (Points) — среднее значение ATR за последние 5 баров в пунктах. Показывает сглаженный уровень волатильности. ATR Avg (5 Bars) (%) — среднее значение ATR за последние 5 баров в процентах. Помогает оценить общий тренд волатильности. Преимущества индикатора: Удобство использования: Все ключевые значения выводятся в компактной таблице, что экономит время на анализ. Гибкость: Возможность настройки периода ATR и длины скользящего среднего под ваши торговые стратегии. Универсальность: Подходит для любых рынков и таймфреймов. Наглядность: Процентные значения ATR помогают быстро оценить уровень волатильности относительно цены актива. Повышение точности: Дополнительные метрики (например, среднее значение ATR) позволяют лучше понимать текущую рыночную ситуацию. Для кого этот индикатор? Трейдеры, которые хотят лучше понимать волатильность рынка. Скальперы и внутридневные трейдеры, которым важно быстро оценивать изменения волатильности. Инвесторы, которые используют ATR для определения стоп-лоссов и тейк-профитов. Разработчики торговых стратегий, которым нужны точные данные для тестирования и оптимизации. Как это работает? Индикатор автоматически рассчитывает все значения и выводит их в таблицу на графике. Вам не нужно вручную считать или анализировать данные — просто добавьте индикатор на график, и вся информация будет перед вами.
Pine Script™ indicator
by filatovlx
EMA 5 Alert Candle ShortThe 5 EMA (Exponential Moving Average) Strategy is a simple yet effective trading strategy that helps traders identify short-term trends and potential entry and exit points. This strategy is widely used in intraday and swing trading, particularly in forex, stocks, and crypto markets. Components of the 5 EMA Strategy 5 EMA: A fast-moving average that reacts quickly to price movements. 15-minute or 1-hour timeframe (commonly used, but adaptable to other timeframes). Candlestick Patterns: To confirm entry signals. How the 5 EMA Strategy Works Buy (Long) Setup: Price Above the 5 EMA: The price should be trading above the 5 EMA. Pullback to the 5 EMA: A minor retracement or consolidation near the 5 EMA. Bullish Candlestick Confirmation: A bullish candle (e.g., engulfing or pin bar) forms near the 5 EMA. Entry: Enter a long trade at the close of the bullish candle. Stop Loss: Place below the recent swing low or 5-10 pips below the 5 EMA. Take Profit: Aim for a risk-reward ratio of at least 1:2 or trail the stop using a higher EMA (e.g., 10 or 20 EMA). Sell (Short) Setup: Price Below the 5 EMA: The price should be trading below the 5 EMA. Pullback to the 5 EMA: A small retracement towards the 5 EMA. Bearish Candlestick Confirmation: A bearish candle (e.g., engulfing or pin bar) near the 5 EMA. Entry: Enter a short trade at the close of the bearish candle. Stop Loss: Place above the recent swing high or 5-10 pips above the 5 EMA. Take Profit: Aim for a 1:2 risk-reward ratio or use a trailing stop. Additional Filters for Better Accuracy Higher Timeframe Confirmation: Check the trend on a higher timeframe (e.g., 1-hour or 4-hour). Volume Confirmation: Enter trades when volume is increasing. Avoid Sideways Market: Use the strategy only when the market is trending. Advantages of the 5 EMA Strategy ✔️ Simple and easy to use. ✔️ Works well in trending markets. ✔️ Helps traders capture short-term momentum. Disadvantages ❌ Less effective in choppy or sideways markets. ❌ Requires discipline in following stop-loss rules.
Pine Script™ strategy
by sachinsachhus58
2
MT_DayTraderLevelsThis indicator automatically draw the following Levels: - Previous Day High & Low - Pre Market High & Low - First Candle High & Low - First 5 Minutes High & Low for 1 minute time frame for 5 minutes Opening range traders - Daily Gap - Current Day Open - Previous Day Close - Current Week High/Low - Previous Week High/Low Also draw triangle shape under / above candles to represent: - Hammer & Shooting Stars Candles with ATR & Volume Check - 3 consecutive Hammer or Shooting Stars candles Get access to this indicator from whop.com Full documentation Here: 1drv.ms/b/s!ApLfyVnc6MI4hoQNMkQmvs7OcGFycQ
Pine Script™ indicator
by MinaTradesX
Корреляция с BTCКорреляция монеты к битку. Корреляция монеты к битку. Корреляция монеты к битку. Корреляция монеты к битку. Корреляция монеты к битку. Корреляция монеты к битку. Корреляция монеты к битку. Корреляция монеты к битку. Корреляция монеты к битку.
Pine Script™ indicator
by profittrader12345
High probability reversal detector It is my pleasure to share this indicator with you. It serves me every day in my trading. This scrypt identifies candlesticks with a high probability of trend reversa l. Bearish candlesticks turn dark red and bullish candlesticks turn dark green. The candlesticks of indecision turn white. In any case, it is crucial to understand how it got there. Is the trend starting to run out of steam (are they getting smaller on the way there)? Are we in a support/resistance zone, at a trend line or at an interesting Fibonacci retracement? Are we near the 50 or even 200 SMA (as everyone watch these levels). Always wait for a trend reversal confirmation candle. This candle must come fairly quickly (1 to 5 candles max) otherwise the reversal thesis no longer holds.I favor bullish reversals if we are above the 200 SMA and bearish ones if below the 200 SMA. I hope you enjoy this tool as much as I do. Feal free to drop a comment. Let's make some big money now!
Pine Script™ indicator
by goosewing
Wick Difference PredictorWick Difference Predictor – Script Description Overview The Wick Difference Predictor is a simple yet effective script designed to analyze candlestick wicks and identify potential price direction based on wick imbalances. It highlights whether the top wick (selling pressure) or bottom wick (buying pressure) is longer, providing bullish or bearish signals accordingly. Features Wick Length Calculation Measures the length of the top wick (high minus the larger of open/close). Measures the length of the bottom wick (smaller of open/close minus low). Computes the difference between top and bottom wicks. Signal Generation Bullish Signal (Green Label): Longer bottom wick suggests buying pressure. Bearish Signal (Red Label): Longer top wick suggests selling pressure. Visual Alerts Displays "Bullish" or "Bearish" labels above/below bars to indicate potential next candle direction. Plots the wick difference as a blue line for additional analysis. Optionally highlights candles with a green/red background to emphasize significant wick imbalances. How to Use Bullish Bias: When the bottom wick is longer, indicating strong demand. Bearish Bias: When the top wick is longer, signaling increased supply. Use in conjunction with trend indicators for confirmation. Adjust the candlestick time frame to suit your trading strategy (e.g., daily, 4H, 1H).
Pine Script™ indicator
by gravemerka
Special Candle SetupThe Special Candle Setup Indicator is designed to detect significant bearish and bullish candlestick patterns , helping traders identify potential trend shifts and key price action setups . This indicator recognizes 8 bearish patterns and 6 bullish patterns , derived from multi-candlestick formations observed across different markets, including crypto, indices, forex, and stocks. How It Works This indicator scans the market for specific candlestick structures that indicate potential reversals or trend continuations . It includes: • Bearish Patterns (8 types) : Identifies candlestick structures that suggest potential downside movement. • Bullish Patterns (6 types) : Detects formations indicating upward momentum. • Reversal Signals : Additional patterns that highlight key turning points in price action. • Key Level Marking : Automatically draws support and resistance levels based on detected setups. • Expiry Signals (Optional) : Highlights patterns commonly seen on expiry days in the Indian market, but these patterns are universally applicable to other asset classes as well. Key Features ✔ Comprehensive Candlestick Pattern Recognition – Detects 14 key bullish and bearish formations. ✔ Reversal & Trend Continuation Setups – Helps identify both potential reversals and momentum-based entries. ✔ Automated Key Level Marking – Plots dynamic blue lines for key support and resistance zones. ✔ Customizable Pattern Selection – Allows users to enable/disable specific pattern types. ✔ Non-Repainting Signals – Ensures stability by maintaining signal integrity over time. Customization Options • Enable/Disable Specific Patterns – Users can disable main patterns or reversal patterns based on their preference, allowing them to focus on a single type of setup if needed. • Key Level Customization – The blue lines represent critical price levels, drawn automatically based on identified patterns. These act as reference points for potential breakouts or reversals. • Optional Expiry Signals – Includes patterns commonly observed on expiry days, primarily for the Indian market, but they also appear in global markets like crypto, forex, and indices. How to Use • Trend Trading – Use bullish and bearish patterns to identify entry points within an existing trend. • Reversal Trading – Focus on reversal signals near key levels for potential market turnarounds. • Key Level Validation – Utilize the blue lines to confirm important price zones. • Customization – Tailor the indicator to your strategy by selecting only the patterns that align with your trading style. Why This Combination? This indicator blends multiple candlestick formations, ensuring a well-rounded approach to market analysis. The integration of expiry signals, reversal structures, and key level plotting makes it adaptable for various asset classes, not just expiry-based trading. Why It’s Worth Using? Manually spotting multiple candlestick setups can be time-consuming and subjective. This indicator automates the process, providing structured insights into market movements with clearly defined signals and key level plotting, making it valuable for traders across different markets.
Pine Script™ indicator
by TradeTechanalysis
EMA Pullback Entry Strategy with Stop-Loss and Take-Profit//@version=5 indicator("EMA Pullback Entry Strategy with Stop-Loss and Take-Profit", overlay=true) // Input parameters ema50Length = input.int(50, title="EMA 50 Length") ema100Length = input.int(100, title="EMA 100 Length") ema200Length = input.int(200, title="EMA 200 Length") stopLossPerc = input.float(1.0, title="Stop-Loss (%)", step=0.1) / 100 takeProfitPerc = input.float(2.0, title="Take-Profit (%)", step=0.1) / 100 // EMA Calculations ema50 = ta.ema(close, ema50Length) ema100 = ta.ema(close, ema100Length) ema200 = ta.ema(close, ema200Length) // Plot EMAs plot(ema50, color=color.blue, title="EMA 50", linewidth=2) plot(ema100, color=color.orange, title="EMA 100", linewidth=2) plot(ema200, color=color.red, title="EMA 200", linewidth=2) // Pullback Condition pullbackCondition = ta.crossunder(low, ema50) or ta.crossunder(low, ema100) or ta.crossunder(low, ema200) // Entry Condition entryCondition = close > ema50 and pullbackCondition // Stop-Loss and Take-Profit Levels stopLossLevel = close * (1 - stopLossPerc) takeProfitLevel = close * (1 + takeProfitPerc) // Plot Entry Signals plotshape(series=entryCondition, title="Entry Signal", location=location.belowbar, color=color.green, style=shape.labelup, text="Buy", offset=-1) // Plot Stop-Loss and Take-Profit Levels plot(stopLossLevel, color=color.red, title="Stop-Loss", linewidth=2, style=plot.style_linebr) plot(takeProfitLevel, color=color.green, title="Take-Profit", linewidth=2, style=plot.style_linebr) // Alerts alertcondition(entryCondition, title="Entry Alert", message="Entry Signal Detected")
Pine Script™ indicator
by Radit27
Multi TF Strategy by Hyun이동평균선: SMA20, WMA4, WMA10, WMA17 Bollinger Bands: 길이 4, 표준편차 2 TSI: TSI 계산 (25, 13) RSI 70 / 30 매매조건: 롱 진입: 4 WMA가 10 WMA를 상향 돌파하면 (longEntry) 숏 진입: 4 WMA가 10 WMA를 하향 돌파하면 (shortEntry) TSI 조건: 롱 진입 시, 동시에 TSI가 0선을 상향 돌파하면 (tsiLongSignal) 해당 캔들 아래에 초록색 다이아몬드 표시 숏 진입 시, 동시에 TSI가 0선을 하향 돌파하면 (tsiShortSignal) 해당 캔들 위에 보라색 다이아몬드 표시 17WMA와 SMA20의 골든크로스/데드크로스, Bollinger Bands 터치, TSI 0선 하향 돌파 시 알림 생성. 알림: 각 신호 발생 시 alertcondition을 통해 알림을 설정 시각화: 매매 신호와 TSI 신호를 차트에 플롯 RSI 반전 신호를 추가. -RSI가 30을 상향 돌파할 때 작은 녹색 다이아몬드가, 70을 하향 돌파할 때 작은 보라색 다이아몬드가 표시 청산 조건을 4 WMA가 10 WMA를 하락 돌파(롱 포지션 청산) 또는 상승 돌파(숏 포지션 청산)
Pine Script™ strategy
by Hyunhyuneee