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Candlestick analysis

Setra Alert by Sekolah Trading🔷 How It Works Dynamic Pair & Timeframe Detection Auto-detects current symbol and timeframe Applies correct pip threshold for each pair: XAUUSD, USDJPY, GBPUSD, AUDUSD, EURUSD, BTCUSD, etc. Timeframes: 5m, 15m, 1h Candle Structure Filtering Body = abs(close - open) Wick = upper + lower shadow Must pass wick ratio condition (≤ 30%) Signal Conditions Body ≥ threshold Wick ≤ 30% Clear bullish or bearish structure Visual Output 🔺 Blue triangle = Bullish momentum 🔻 Red triangle = Bearish momentum 🔷 Alert System Explanation This script provides two built-in alert conditions: ✅ Momentum Bullish Triggers when: Large bullish body Wick ≤ 30% Final 20–90 seconds of candle Confirmed real-time (no repaint) ✅ Momentum Bearish Same conditions applied to bearish candles 🔔 How to Set Alerts Add alert on chart Choose condition: Momentum Bullish or Momentum Bearish Set frequency: Once Per Bar Customize message, e.g.: “Bullish momentum on XAUUSD M15” Alerts help traders prepare entries before the candle closes. 🔷 How to Use Load the script on a 5m, 15m, or 1h chart Adjust pip values for your pair via input menu Watch for triangle markers near candle close Combine with: Trend indicators (EMA, Supertrend) S/R levels, breakouts, or liquidity zones Optional volume or order flow confirmation 🔷 Why This Script is Closed-Source This version includes protected logic developed by Sekolah Trading, including: Dynamic pip calibration Wick/body structural filtering Non-repainting real-time alert logic While the code is protected to prevent misuse, all logic and intent have been clearly explained here as required by TradingView's House Rules. 🔷 Disclaimer This tool is meant for technical analysis and educational purposes only. It is not financial advice, and no signal is guaranteed. Always use proper risk management and confirm trades independently.
Pine Script® indicator
by sekolah_trading
1
Fisher Transform Background StripesThe "Fisher Transform Background Stripes" indicator is an easy-to-use tool that helps traders identify extreme market conditions using the Fisher Transform, a technical indicator that normalizes price data to highlight potential reversals. It displays colored background stripes on your chart to show when the market is oversold or undersold, making it simple to spot trading opportunities. How It Works:Fisher Transform Calculation: The indicator calculates the Fisher Transform based on a user-defined period (default: 9), using the average of high and low prices to measure market momentum and identify extreme price movements. Oversold/Undersold Levels: It highlights when the Fisher Transform is above a user-set oversold level (default: 3.0) with red background stripes, or below an undersold level (default: -2.0) with green background stripes. Visual Feedback: Red and green stripes appear on the chart to mark oversold or undersold conditions, helping you quickly understand market extremes. Customization: You can adjust the Fisher Transform period, oversold/undersold levels, background colors, and transparency. You can also enable an optional Fisher Transform plot or display values on the chart for debugging. Wait for Close Option: You can choose whether the indicator waits for the timeframe’s candle to close before showing stripes, ensuring more reliable signals. Alerts: Optional alerts notify you when the Fisher Transform crosses into oversold or undersold zones (always using confirmed values for accuracy). Who It’s For: This indicator is ideal for beginner and intermediate traders looking for a clear, visual way to track extreme market conditions and potential reversals using the Fisher Transform. Key Features:Colored background stripes for oversold (red) and undersold (green) conditions. Customizable settings for period, levels, colors, and transparency. Option to wait for candle close for more accurate signals. Optional Fisher Transform plot and value display for analysis. Alerts to notify you of key Fisher Transform level crossings. This indicator provides a straightforward way to monitor market extremes and make informed trading decisions.
Pine Script® indicator
by bearbearbull23
Swing Crypto Bot – Extended Bullish PatternsSwing Crypto Bot – Extended Bullish Patterns A lean, rule-based Pine Script that spots high-probability swing entries by combining trend filters, momentum checks and a broad set of classic bullish candlestick patterns—all with built-in risk management and instant in-chart alerts. 🔍 What It Does Multi-Factor Screening Price > 50-period SMA (trend filter) Price > Upper Bollinger Band (breakout filter) RSI(14) between 45–80 (momentum filter) Volume > 20-period SMA of volume (participation filter) Candlestick Patterns Detects 6 core bullish setups: Hammer Bullish Engulfing Bullish Harami Morning Star (3-bar reversal) Three White Soldiers Tweezer Bottom Displays exactly one in the info bubble (or “Mixed”/“None” if ambiguous). Instant Alert Shows a 🔥 icon on the final bar when 3 of 5 criteria are met (including at least one pattern). Automated Risk Management Stop-Loss = 1.5 × ATR(14) below entry (guaranteed under price) Take-Profit = Risk × 2 (minimum RR 2:1) above entry In-chart info bubble with Pattern name, Entry, SL, TP & RR Clean Overlay Only SMA50 + Bollinger Bands One flame + one info bubble on the last bar Heavy lifting off-chart: use TradingView’s native Volume & RSI panes for deeper analysis How to Use Add the script to your chart. Watch for the 🔥 on the latest candle—your 3+ filters have aligned. Read the info bubble for the exact candlestick pattern, entry price, stop-loss, take-profit and achieved RR. Confirm with your own support/resistance lines, Volume & RSI panels. Ideal for swing traders who demand precision, diversity of patterns and automatic risk controls. Copy-paste and publish on TradingView today!
Pine Script® indicator
by eliaszaid5
Swing Crypto Bot – Signal + TP/SL/RR (Min RR 2)Harness the power of chart-pattern recognition, multi-factor screening and automated target calculation—all in one clean, visual Pine Script indicator. Key Features 🔥 Instant Signal: “Flame” icon on the latest bar when at least 3 of 5 criteria align: Price above 50-period SMA Price breaking upper Bollinger Band Volume exceeding its 20-period MA RSI (14) between 45–80 Bullish price pattern detected (Hammer, Engulfing or Harami) 🎯 Automated TP/SL/RR Entry at market close of signal bar Stop-loss set to 1.5× ATR14 below entry (always under current price) Take-profit at a minimum 2× risk (configurable) Risk/Reward ratio displayed in-chart for transparency 🏷️ Pattern Labeling The info bubble identifies which candlestick pattern triggered the signal (“Hammer”, “Engulfing”, “Harami”, or “Mixed”). 🛠️ Minimal Overlay No extra clutter—only your SMA, Bollinger Bands, signal flame & a single info-bubble. Use TradingView’s native volume pane and RSI beneath for further confirmation. How to Use Add the script to your chart (SMA50 + BB20 overlay). Monitor for the 🔥 on the latest bar—this means your 3+ criteria are met. Read the info bubble for entry, stop-loss, take-profit and achieved RR. Confirm with your own volume/RSI panes and support/resistance levels. Ideal for swing traders looking for a quick, rule-based signal with built-in risk management. Copy, paste & publish on TradingView today!
Pine Script® indicator
by eliaszaid5
MandarKalgutkar-Buy/Sell Arrow Signal//@version=5 indicator("MandarKalgutkar-Buy/Sell Arrow Signal", overlay=true) ma = ta.sma(close, 21) rsi = ta.rsi(close, 14) // Tracking variables var float buyRefHigh = na var float sellRefLow = na var int buyCandleIndex = na var int sellCandleIndex = na // Detect initial breakout candle bullishBreak = close > open and close > ma and close < ma if bullishBreak buyRefHigh := high buyCandleIndex := bar_index bearishBreak = close < open and close < ma and close > ma if bearishBreak sellRefLow := low sellCandleIndex := bar_index // Next candle only: ensure current bar is exactly next one isNextBuyBar = (not na(buyCandleIndex)) and bar_index == buyCandleIndex + 1 isNextSellBar = (not na(sellCandleIndex)) and bar_index == sellCandleIndex + 1 // Buy/sell logic buySignal = isNextBuyBar and high > buyRefHigh and rsi > 55 sellSignal = isNextSellBar and low < sellRefLow and rsi < 45 // Reset if signal used or next candle missed if buySignal or isNextBuyBar buyRefHigh := na buyCandleIndex := na if sellSignal or isNextSellBar sellRefLow := na sellCandleIndex := na // Plot plotshape(buySignal, title="Buy", location=location.belowbar, color=color.green, style=shape.labelup, size=size.small) plotshape(sellSignal, title="Sell", location=location.abovebar, color=color.red, style=shape.labeldown, size=size.small) plot(ma, "20 MA", color.orange)
Pine Script® indicator
by Mandar_1980
TradeCrafted - "M" & "W" Pattern Detector for intraday traders🔍 TradeCrafted – “M” & “W” Pattern Detector for Intraday Traders Spot Key Reversal Patterns. React Before the Crowd. Chart patterns aren't just theory — they’re the visual footprints of market psychology. Among them, the “M” (double top) and “W” (double bottom) formations are some of the most powerful and time-tested signals used by professionals to anticipate trend reversals and breakout setups. This premium intraday tool detects these crucial structures in real time, helping you: 🧠 Stay ahead of major intraday pivots. ⚠️ Avoid false breakouts by reading the market’s rhythm. 📊 Time your entries and exits around high-probability zones. Unlike noisy oscillators or delayed signals, this pattern detector focuses on structural clarity, ensuring you're trading with the rhythm of the market, not against it. ✅ Why Traders Use It: Helps confirm tops and bottoms with visual confidence. Excellent for intraday scalping and reversal strategies. Reduces overtrading by filtering out indecision zones. Reinforces discipline by only acting when the pattern is confirmed. ⚡️ For Genuine & Serious Traders: This is a premium script developed for disciplined intraday professionals. 📩 Interested in a trial? Send your TradingView username to: 📧 tradecrafted21@gmail.com Trust the patterns. Respect the process. TradeCrafted — where precision meets price action.
Pine Script® indicator
by TradeCrafted21
No Wick CandlesOVERVIEW In trading, no wick candles (also called full-body candles or marubozu in Japanese candlestick terminology) are powerful momentum indicators. They show that price moved in one direction for the entire duration of the candle, with no pullback or hesitation. No upper wick : price never went above the open (in bearish case) or close (in bullish case) No lower wick : price never went below the open (in bullish case) or close (in bearish case) No wicks at all : open and close are the exact high and low = a full-body candle ⚠️ Caution : One candle alone isn’t always enough for a decision — confirm with: • Volume • Support/resistance context • Follow-through candle behavior SUMMARY No wick candles = strong conviction from buyers or sellers with zero hesitation during that time period. They’re valuable for scalpers, breakout traders, and momentum strategies — especially on high volume or at key levels.
Pine Script® indicator
by dhira7797
MNQ1! 15min NW Strategy V2.0This strategy is built specifically for the MNQ1! futures contract on the 15-minute timeframe. It identifies and trades a specific price action setup where candles have little to no wick (either top or bottom), indicating potential momentum continuation. The system places pending limit orders with defined stop-loss and take-profit levels based on ATR volatility. 🔍 Key Features: Only runs on MNQ1! and the 15-minute chart (errors otherwise to prevent misuse). Detects "no-wick" candles based on configurable wick and body size filters. Supports session-based trading (default: 02:00–16:00 NY time). Executes limit-style entries placed a set number of points away from candle levels. Uses ATR-based stop-loss and take-profit calculations for adaptive risk control. Cancels orders automatically after a configurable number of bars if not filled. Built-in performance statistics table shows live metrics on strategy results. Trade signals and SL/TP levels are plotted directly on the chart for easy visualization. ⚙️ User Inputs Include: Candle Settings: Wick percentage, min/max body size Risk Settings: ATR multiplier, risk/reward (TP), contract size Strategy Settings: Session time, entry offset distance, cancel-after bars Performance Table: Toggle visibility, starting balance for display calculations 📈 Performance Table Metrics: Total trades Starting and ending balance Net return in $ and % Win rate Maximum drawdown (in $ and %) ⚠️ Notes: This strategy does not repaint. Meant for educational and research purposes only — it is not financial advice. Results may vary based on market conditions, latency, and broker execution. Always forward-test before using in live trading.
Pine Script® strategy
by timhutter
Killzones & OrbsKillzones & ORBs This indicator plots Opening Range Breakouts (ORBs) and major Killzone sessions (Asia, London, New York) on one chart. What it does: Marks the OR with a customizable box and midline, then extends it through the day Highlights Killzones with colored boxes and labels Tracks mini-ORBs inside each Killzone for breakout confirmation How it works: Uses session inputs and box drawing tools to capture price ranges Dynamically updates highs/lows during the OR window Extends killzone boxes as price evolves, with optional midlines and labels How to use it: Enable the Opening Range in settings and set your session times Turn on Killzones and adjust their ORB durations and colors Select your timezone for correct session tracking What makes it original: Combines global Killzones with Opening Range logic Offers separate mini-ORBs within each Killzone Fully customizable visuals for clean, professional levels
Pine Script® indicator
by Tren10x
Up/Down Volume + Delta + MAsUp/Down Volume + Delta + Moving Averages General Description The Up/Down Volume + Delta + MAs indicator is an advanced volume analysis tool that provides detailed information on buying and selling pressure in the market. It combines directional volume analysis with moving averages to provide a comprehensive view of market behavior. Main Features Directional Volume Analysis Up Volume : Displays the volume associated with upward price movements Down Volume : Shows the volume related to downward price movements Volume Delta : Calculates the net difference between bullish and bearish volume Integrated Moving Averages Supports multiple types of moving averages: EMA, SMA, WMA, RMA, HMA, VWMA Smoothed moving averages for bullish and bearish volume Customizable period and moving average type settings Multi-Timeframe Analysis Scans data from lower time frames for greater accuracy Automatic timeframe selection or manual configuration Best approximation of true directional volume Configuration and Parameters Custom Timeframe Use custom timeframe : Allows you to use a specific timeframe Timeframe : Selection of the analysis period (automatic by default) Higher time frames provide more historical data but less accuracy. Visual Personalization Up Color : Color for bullish volume (green by default) Down Color : Color for down volume (red by default) MA Up Volume Color : Color for the moving average of the up volume MA Down Volume Color : Color for the moving average of down volume Setting Moving Averages Moving Average Type : Selecting the moving average type MA Length : Period of the moving average (14 by default) Show Moving Averages : Enable/disable the display of moving averages How to Use the Indicator Interpretation of Directional Volume High Bullish Volume : Indicates strong buying pressure High Bearish Volume : Indicates intense selling pressure Positive Delta : Buyer dominance in the period Negative Delta : Predominance of sellers in the period Moving Average Signals Moving Average Crossover : Changes in the directional volume trend Divergences : Differences between price and directional volume Trend Confirmation : Validation of price movements with volume Use Cases Trend Analysis Confirm the strength of bullish or bearish trends Identify potential trend exhaustions Detect institutional accumulation or distribution Entry and Exit Timing Look for convergences between price and directional volume Identify support and resistance levels supported by volume Confirm technical pattern breakouts Divergence Analysis Detect divergences between price and volume delta Anticipate possible trend changes Validate signals from other technical indicators Advantages of the Indicator Improved Accuracy : Uses data from lower time frames Clear Visualization : Intuitive graphical representation of directional volume Flexibility : Multiple customization options Integral Analysis : Combines directional volume with smoothed moving averages Recommendations for Use Use in conjunction with price analysis and technical patterns Adjust the period of moving averages according to your trading style Consider market context and volatility Validate signals with other momentum or trend indicators This indicator is especially useful for traders looking to understand institutional volume dynamics and buying/selling pressure in real time.
Pine Script® indicator
by JACR2025
Session Open/Close BoxThis Pine Script indicator for TradingView allows you to visualize up to three distinct time-based sessions on your chart. For each active session, it draws a box from the session's open to its close, extending all the way to the right edge of the screen. It also includes a dotted line at the halfway point between the session's open and close. This tool is designed to help traders quickly identify and analyze price action within specific, customizable time windows.
Pine Script® indicator
by theodorectodd
Crypto Schlingel - PVSRA POC EMA Suite v5.759 PVSRA POC EMA suite 📌 Main functions This indicator is an all in one indicator suite that includes - PVSRA (price, volume, support, resistance analysis) - POC - Visualization of bullish and bearish volume in Wicks - EMAs and Daily EMAs (alternatively also SMA or WMA) The following information can also be displayed - Daily Open - Market open - Yesterday High and Low - Last Weekly High and Low - Bollinger Bands - VWAP - Kaufman's Adaptive Moving Average (KAMA) - ADR - Psy High and Low - Pivot Points - Overlong Wicks - Representation Death and Golden Cross - Pivot Point Ranges Designed to help traders analyze volume pressures, market trends and price movements with color-coded visualizations. PVSRA Volume Color Coding - Highlights vector candles based on extreme volume/spread conditions. Volume Delta Analysis - Tracks buy/sell pressure based on up/down volume data. The PVSRA color coding - The script classifies candles into four categories based on volume and spread analysis: 🔴 Red vector → Extremely bearish volume/spread 🟢 Green vector → Extremely bullish volume/spread 🟣 Violet vector → Above average bearish volume 🔵 Blue vector → Above average bullish volume Calculation of the volume delta - Uses a volume analysis in a lower time frame, splitting the candles to get an accurate position of the volume. Important notes: Works best on intraday timeframes where volume data is reliable. Volume delta estimates for lower time frames may not be accurate for all assets. No guarantee of accuracy
Pine Script® indicator
by LM914
Candle Pattern RecognizerCandle Pattern Recognizer With Filters: This indicator automatically scans your chart for classic candlestick patterns and visually marks them with colored bars and labels. It also includes filters so you only see high-probability signals that match real market momentum, volatility, and trend context. What it does: Detects all major candlestick reversal patterns, like: Bullish & Bearish Engulfing, Morning Star, Evening Star, Hammer, Hanging Man, Shooting Stars, Dojis, Harami, Piercing Line, and more In settings: Enable or disable any pattern you want under “Candlestick Patterns” Turn “Show Pattern Labels” on to display the label tags (e.g., "ENG", "Doji", etc.) or off. Activate filters for smarter signal selection. Filter Options: ✅ HL Filter: Hides candles with small ranges (low volatility) Ensures patterns only appear when the candle’s range is bigger than normal (based on ATR) ✅ MA Slope Filter: Shows patterns when the moving average is sloping in the right direction ✅ TMA Filter: Uses a Triangular Moving Average and volatility bands, filters out signals unless they appear below the lower band (bullish) or above the upper band (bearish) ✅ Swing Filter: Ensures a pattern appears after a meaningful swing high/low, Adds market structure context to avoid random setups ✅ Volume Filter: Keeps patterns that occur with high relative volume, Helps confirm real buying/selling interest ✅ RSI Filter: Shows patterns only when RSI confirms, Bullish patterns near oversold levels, Bearish patterns near overbought levels
Pine Script® indicator
by FYMDGLV
Simple EMA Trend Strategy (No Filters)The Simple EMA Trend Indicator identifies bullish and bearish market trends using two exponential moving averages (EMAs) and a confirmation period. When a bullish trend is detected, it highlights candles in blue and prints a "BUY" signal. When the trend reverses to bearish, candles turn purple and a "SELL" signal is printed. The trend direction remains active until a confirmed reversal is detected, helping traders stay in position during extended moves while reducing noise from short-term fluctuations. It’s optimized for clarity and simplicity—ideal for trend-following strategies. ⚙️ Key Features: EMA Crossover Trend Detection Buy/Sell Signals on Trend Reversals Color-coded Candles: Blue for bullish, purple for bearish Signal Persistence: Buy/sell remains active until trend reverses Adjustable settings for EMAs and trend confirmation sensitivity
Pine Script® strategy
by ConorMCgr110