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Candlestick analysis

% Volatility by MadDogMoneyThis indicator shows the actual Volatility of an asset. Compared to ATR indicators, this is a clear measurement of the real-time volatility of price action. The interval is based on chart timeframe and shows the volatility of each candle. It is selectable to show volatility between Open & Close or Wick-to-Wick values. The Volatility % can print as a positive/negative histogram, or a bar chart indicating bullish volatility in green; bearish in red.
Pine Script™ indicator
by MadDogMoney
Коррекция по уровням Фибоначчи с дополнительными сигналамиThis Pine Script™ indicator detects potential market corrections based on Fibonacci levels, candlestick patterns (bullish and bearish engulfing), RSI, and Supertrend. The indicator generates a signal when the price approaches Fibonacci levels (0 or 1), and additional conditions like extreme RSI values (below 30 or above 70), Supertrend direction changes, and candlestick pattern confirmations (bullish or bearish engulfing) are met. An arrow is plotted on the chart when a correction signal occurs, and users can set alerts for these signals through TradingView’s alert system.
Pine Script™ indicator
by Lanskaya
RSI and EMA crossover with big candlesThis TradingView indicator identifies big bullish and bearish candles using RSI, EMA crossovers, and wick analysis. It helps traders spot potential trend continuation or reversal points by labeling significant price movements and providing real-time alerts. NOTE: THIS WORKS BEST ON 2 MINS TIME FRAME ONLY Key Features: ✅ Big Candle Detection: Detects large candles based on body size and recent price action. Differentiates between bullish (green) and bearish (red) candles. ✅ Wick Analysis & RSI Filtering: Ensures candles have relatively small wicks for stronger signals. RSI confirmation: Bullish signals require RSI above 59. Bearish signals require RSI below 40. ✅ Candle Counting & Labeling: Labels bullish and bearish candles with sequential numbers. Adds PUTS and CALLS labels when an 8 EMA crosses the 21 EMA. Adjusts label positioning for better visibility. ✅ Configurable Alerts for #2 Candle: Alerts trigger when the second bullish or bearish candle is detected. Users can enable/disable alerts from the script settings. ✅ EMA Crossover Signals: Bullish crossover (8 EMA above 21 EMA): Displays a "CALLS" label below the candle. Bearish crossover (8 EMA below 21 EMA): Displays a "PUTS" label above the candle. Usage: 📊 Trend Confirmation: Use the big candle signals + EMA crossover for stronger trade setups. 🔔 Alerts: Get notified when the second big candle forms. 📉 Reversals & Continuation Patterns: Identify shifts in momentum early. This script is perfect for traders looking for a clean and powerful price action-based indicator with automated alerts. 🚀
Pine Script™ indicator
by pkrecoil
Stock Riders S1Stock Riders S1 A Daily Time Frame Trading Indicator Overview The Stock Riders S1 is a powerful trading tool designed specifically for the daily time frame. It calculates key trading levels based on the **last two candles' high, low, and open**, providing traders with a structured approach to identifying **entry points, risk-reward zones, and potential reversals. Unlike conventional indicators, **Stock Riders S1** generates its levels at the **opening of the trading day**, allowing traders to plan their trades proactively rather than reacting to market movements. Key Features 1. PowerLane (Risk & Reward Levels) - Defines the **risk-reward ratio** for each trade. - Helps traders set precise **targets and stop-loss levels** based on calculated values. - Ensures that trades are executed with a well-defined strategy. 2. CrownPoint (Target Projection) - Projects the price movement **potential** based on the latest buy or sell signal. - If a **buy signal** is generated, the CrownPoint estimates the level the price might reach. - If a **sell signal** appears, it suggests the probable downside movement. 3. ShieldPoint (Reversal Signal) - Indicates a possible reversal zone. - If the price reaches this level, traders should be cautious, as the trend may **change direction**. - Ideal for **managing open positions**, ensuring timely exits or reversals. 4. ColorChange (Market Reversal Probability) - If the indicator shows a **color change**, it signals a **strong possibility** that the price might move **against the original signal**. - Risk-reward calculations are **adjusted at this level** to account for changing market conditions. How It Works - The **Stock Riders S1** calculates trading levels using the **last two candles' high, low, and open**. - These levels appear **at the market opening** and remain static for the day, ensuring clarity for traders. - **When a trade is initiated**, traders must align their **entry, stop-loss, and target** with PowerLane. - If the **ShieldPoint is hit**, consider **reversing the position** to capitalize on market direction shifts. Recommended Trading Strategy 1. Trade at the Right Time - Enter a position **only after the market opens and levels are displayed**. - Avoid delayed entries; trade as soon as the calculated levels are met. 2. Follow the Risk-Reward Structure* - Always use **PowerLane** to set **target and stop-loss** values. - If the **ShieldPoint is reached**, consider **reversing your trade** instead of holding losses. 3. Daily Time Frame Focus - This indicator is **designed exclusively for daily charts** and should not be used on lower time frames. - After marking the levels, apply them to **stocks in your watchlist** for disciplined trading. Why It’s Special Pre-Market Level Calculation Unlike conventional indicators that rely on past data, **Stock Riders S1** provides actionable trading levels **at market open**, allowing traders to plan their trades in advance. Structured Risk-Reward System The **PowerLane levels** ensure that traders always trade with a clear stop-loss and target, reducing emotional decision-making. Predictive Market SignalCrownPoint, ShieldPoint, and ColorChange work together to highlight **trends, reversals, and high-probability moves**, giving traders a strategic edge. Daily Time Frame Precision Unlike short-term indicators, Stock Riders S1 focuses solely on daily charts, making it ideal for positional and swing traders. Dynamic Adaptation – The levels are recalculated **daily**, adapting to changing market conditions without lagging signals. Important Notes - This indicator is meant for educational purposes only and does not provide financial advice. - **Trading involves risk**, and past performance does not guarantee future results. - It is advisable to use **Stock Riders S1** in conjunction with other market analysis tools and proper risk management strategies. Disclaimer The **Stock Riders S1** indicator is based on historical market data and **mathematical calculations**. While it provides valuable insights into potential price movements, it should not be used as the sole basis for trading decisions. - **Use at your own discretion**, keeping in mind market risks and personal trading strategies. - This indicator is designed for **daily stock market trading only** and should not be applied to other asset classes. - Always conduct independent research before making any trading decisions. Final Thought The **Stock Riders S1** is not just another trading indicator—it’s a **strategic trading tool** designed to help traders stay ahead of market movements. By leveraging its **calculated levels, risk-reward structures, and reversal signals**, traders can **approach the market with confidence and clarity**. Use it wisely, trade with discipline, and let the market ride in your favor!
Pine Script™ indicator
by CandleRiders
Simple Raja Banks StrategyThe Raja Banks Strategy is a breakout-based trading method designed to capture significant price movements after the London and New York sessions. This strategy identifies the highest (high) and lowest (low) levels during key trading sessions and waits for a confirmed breakout using the candle’s body (not just the wick). Advantages of the Raja Banks Strategy ✅ Reduces false breakout risks by considering only candle bodies. ✅ Leverages high volatility during the London & New York sessions. ✅ Ideal for breakout traders looking to capture major market movements. This strategy is widely used by professional traders to take advantage of strong market momentum while increasing the probability of successful breakouts.
Pine Script™ strategy
by iqbalfarisi
Reversal Finder 2The "Reversal Finder" indicator is designed to identify potential market reversals using a combination of technical analysis tools: RSI: Used to identify overbought and oversold conditions. Volume Analysis: Signals when current volume is significantly higher than the average over a specified lookback period. Supertrend: Detects trend changes to indicate potential trend reversal points. Candlestick Patterns: Specifically bullish and bearish engulfing patterns are used for entry signals. Divergence: Identifies potential bullish or bearish divergences between price action and the RSI indicator. Fibonacci Levels: Determines retracement levels to support reversal predictions. The indicator generates long (buy) or short (sell) signals based on these factors, which can trigger alerts.
Pine Script™ indicator
by Lanskaya
Reversal Finder 1The Reversal Finder indicator detects potential market reversals by combining multiple technical analysis tools. It uses: RSI (Relative Strength Index) to identify overbought and oversold conditions. Supertrend to confirm trend reversals. Volume Analysis to validate significant price moves. Fibonacci Retracement for key support and resistance levels. Candlestick Patterns like Engulfing, Doji, Hammer, and Shooting Star for additional confirmation. Divergence Detection based on RSI to spot trend exhaustion.
Pine Script™ indicator
by Lanskaya
Morning RangeOverview The Morning Range Indicator highlights the high and low of the market session from 6 AM to 10AM, providing key levels for potential breakout trades. The box dynamically updates in real-time, extending until 4 PM, and adjusts color based on price action. This tool is ideal for traders looking to identify breakout opportunities and visualize key intraday price ranges. How It Works Session High & Low (6 AM - 10 AM) The indicator tracks the highest high and lowest low within this time window. Once 10 AM passes, the high and low are locked in and will not change. Box Extends Until 4 PM The session box remains visible throughout the trading day. It provides a visual reference for potential breakout zones. Dynamic Box Coloring Gray (Neutral): Neither high nor low is broken. Green: Only the high is broken before 4 PM. Red: Only the low is broken before 4 PM. Yellow: Both high and low are broken before 4 PM. Live Updating Box The box appears as soon as the session begins at 6 AM. It dynamically updates the high and low until 10 AM. Alerts for Breakouts This indicator includes built-in alert conditions, so you can set up TradingView alerts without modifying the script. Morning Range High Broken → Triggers when price breaks above the morning high. Morning Range Low Broken → Triggers when price breaks below the morning low. To set alerts: Click the Alerts (⏰) icon in TradingView. Select Condition → "Morning Range High Broken" or "Morning Range Low Broken". Choose your preferred notification method (popup, email, webhook, etc.). Click Create to activate the alert. Who This Is For ✔ Intraday & Scalp Traders – Identify key breakout levels for short-term trades. ✔ Futures & Forex Traders – Works great for markets like NQ, ES, Gold, and FX pairs. ✔ Breakout & Reversal Traders – Use the high/low boundaries as support & resistance levels. Customization This indicator automatically updates every day and requires no manual input. You can change alert settings via TradingView’s built-in alert system. How to Use This Indicator Watch for breakouts above/below the morning range as potential trade opportunities. Combine with volume, momentum indicators, or footprint charts for confirmation. Use the box color to visually assess whether price action is bullish (green), bearish (red), or ranging (gray).
Pine Script™ indicator
by the-coding-trader
2
Bank Sessions H2Bank Sessions H2** is a TradingView indicator that automatically colors your price bars based on four user-defined trading sessions. Each session lets you set a time range (only the start time is used—the end time is ignored) and assign a unique color to that period. You can enable or disable each session independently to tailor your chart to your preferred market hours—all based on your chart's default timezone. For more insights or custom indicator inquiries, check out my YouTube channel at @housaniti** or message me on Instagram at **@housaniti.
Pine Script™ indicator
by Housanity
FVG LevelsFVG Levels Indicator Description The FVG Levels indicator dynamically identifies and displays key price zones that may represent fair value gaps and order block areas, helping traders to visually pinpoint potential support and resistance levels directly on the chart. Key Features Order Block Identification: The indicator detects bullish and bearish order blocks by analyzing specific candle patterns. For bullish zones, it checks if a candle two bars ago was bullish (close greater than open) coupled with a subsequent gap condition. Similarly, bearish zones are identified when bearish candle conditions are met with an appropriate gap. Dynamic Zone Calculation: It computes critical levels such as the highest highs, lowest lows, highest lows, and lowest highs over a series of recent bars. These levels define the boundaries of potential buy and sell zones and adjust dynamically as new price data comes in. Visual Representation: Buy zones are plotted in lime and sell zones in yellow, with the indicator filling the areas between the high and low lines to create clear, shaded bands. This visual aid helps in quickly recognizing zones of potential price reaction. Chart Overlay: Designed to work as an overlay, the indicator integrates directly onto your price chart, allowing for seamless correlation between price action and identified zones. How It Works Bullish Zones: When a bullish candle (with the candle's close above its open) is detected along with a significant gap, the indicator marks the upper and lower boundaries of the bullish order block. It further refines these levels by tracking the lowest low and highest high over recent bars to enhance the zone's definition. Bearish Zones: In a similar manner, the indicator calculates bearish order blocks by confirming bearish candle conditions and corresponding gap criteria. It then updates the bearish zone levels and computes the highest high and lowest low to establish clear sell zone boundaries. Usage Traders can use the FVG Levels indicator to: Identify potential entry and exit points by observing where price may reverse or consolidate. Recognize fair value gaps or imbalances that often act as magnet points for price action. Enhance risk management by using the dynamically calculated zones to set stop-losses or take-profits.
Pine Script™ indicator
by Takura7
Live 20 ChecklistThis indicator, called "Live 20 Checklist", is a comprehensive TradingView tool that consolidates multiple technical analysis metrics into one dynamic display. It’s designed to help traders quickly assess market conditions by providing a real-time checklist of key indicators. Key Features: Moving Averages & Reversion Signals: It calculates a primary moving average (with a customizable length and type, either SMA or EMA) and measures the percentage difference between the current price and this average. By comparing this difference over a lookback period, the script generates bullish or bearish reversion signals when the price deviates significantly from the average. Trend Analysis: The indicator uses linear regression over user-defined short-term and long-term periods to determine the overall price trend direction. This helps in identifying whether the market is in a bullish or bearish phase over different timeframes. CCI (Commodity Channel Index): It computes the CCI to gauge momentum and potential overbought/oversold conditions, with color-coded outputs reflecting the strength of the current momentum. Volume Metrics: Volume trends are analyzed by comparing current volume to both short-term and long-term moving averages. It also estimates the full-day volume based on the elapsed time in the trading session and compares it to the previous day’s volume, presenting this as a relative volume (RVOL) multiple. Gap Detection: The script scans historical bars to detect bullish and bearish gaps, drawing lines on the chart to visually highlight these gaps. It further identifies the “closest gap” relative to the current price. Candlestick Pattern Recognition: A variety of candlestick patterns (such as bullish/bearish engulfing, doji, hammers, marubozu, and more) are detected, with the current pattern highlighted in the table and background color adjusted accordingly. Dynamic Table Display: All these metrics are neatly organized in a customizable table on the chart. Traders can choose which rows to display (moving average info, trends, CCI, volume trends, gap details, candlestick patterns, ATR, RVOL, and open-close difference) and adjust the table’s position, text size, and color theme. Additional Visual Tools: Besides the main moving average, an extra moving average can be plotted for additional perspective. Pivot high/low labels are also available to mark key price levels, with colors that adjust based on the selected theme. Overall, the Live 20 Checklist is a robust indicator that merges several analytical tools into one visual dashboard, enabling traders to quickly evaluate market conditions and make informed decisions.
Pine Script™ indicator
by asuttonebkga