Get started

Chart patterns

Lower time frame Intrabar CandlesI was looking for an indicator to show me what a lower time frame is doing at the start, middle, and end of the candle, but I couldn't find one, hench, I made my own using Tradingview latest capabilities to fetch a lower time frame from a higher time frame chart. For example, if your chart is 1 hour and this indicator is set to a lower time frame of 15 minutes, then the Start, Middle, or End (Select which in settings) of the 15min candle will be displayed overlaying the 1-hour candle. This will always show you what the lower time frame candle is currently doing without the need to open an additional lower time frame chart. How cool is that? Remember to select a lower time frame in the settings than the chart time frame for it to work as expected. Enjoy :) -=== Notes ===- * The lower time frame candles BORDER is set to WHITE by default, however, you can adjust the color of the candle (wicks, body, and border) of the 'LTF Candle' indicator inside its Settings -> Style * Suitable for candles and designed to work in historical and real time. * Added optional label to show lower time frame values (can be disabled via indicator settings). * You can adjust the visuals of the chart candles at Chart Settings -> Symbol -> Body, Borders, or Wicks to visually see better the lower time frame candles. There is also a similar concept volume-based using histogram, stay tuned. Like if you like and follow: www.tradingview.com
Pine Script™ indicator
by dman103
5
Magnifying Glass (LTF Candles) by SiddWolf█  OVERVIEW This indicator displays The Lower TimeFrame Candles in current chart, Like Zooming in on the Candle to see it's Lower TimeFrame Structure. It plots intrabar OHLC data inside a Label along with the volume structure of LTF candle in an eloquent format. █  QUICK GUIDE Just apply it to the chart, Hover the mouse on the Label and ta-da you have a Lower Timeframe OHLC candles on your screen. Move the indicator to the top and shrink it all the way up, because all the useful data is inside the label. Inside the label: The OHLC ltf candles are pretty straightforward. Volume strength of ltf candles is shown at bottom and Volume Profile on the left. Read the Details below for more information. In the settings, you will find the option to change the UI and can play around with Lower TimeFrame Settings. █  DETAILS First of all, I would like to thank the @TradingView team for providing the function to get access to the lower timeframe data. It is because of them that this magical indicator came into existence. Magnifying Glass indicator displays a Candle's Lower TimeFrame data in Higher timeframe chart. It displays the LTF candles inside a label. It also shows the Volume structure of the lower timeframe candles. Range percentage shown at the bottom is the percentage change between high and low of the current timeframe candle. LTF candle's timeframe is also shown at the bottom on the label. This indicator is gonna be most useful to the price action traders, which is like every profitable trader. How this indicator works: I didn't find any better way to display ltf candles other than labels. Labels are not build for such a complex behaviour, it's a workaround to display this important information. It gets the lower timeframe information of the candle and uses emojis to display information. The area that is shown, is the range of the current timeframe candle. Range is a difference between high and low of the candle. Range percentage is also shown at the bottom in the label. I've divided the range area into 20 parts because there are limitation to display data in the labels. Then the code checks out, in what area does the ltf candle body or wick lies, then displays the information using emojis. The code uses matrix elements for each block and relies heavily on string manipulation. But what I've found most difficult, is managing to fit everything correctly and beautifully so that the view doesn't break. Volume Structure: Strength of the Lower TimeFrame Candles is shown at the bottom inside the label. The Higher Volume is shown with the dark shade color and Lower Volume is shown with the light shade. The volume of candles are also ranked, with 1 being the highest volume, so you can see which candle have the maximum to minimum volume. This is pretty important to make a price action analysis of the lower timeframe candles. Inside the label on the left side you will see the volume profile. As the volume on the bottom shows the strength of each ltf candles, Volume profile on the left shows strength in a particular zone. The Darker the color, the higher the volume in the zone. The Highest volume on the left represents Point of Control (Volume Profile POC) of the candle. Lower TimeFrame Settings: There is a limitation for the lowest timeframe you can show for a chart, because there is only so much data you can fit inside a label. A label can show upto 20 blocks of emojis (candle blocks) per row. Magnifying Glass utilizes this behaviour of labels. 16 blocks are used to display ltf candles, 1 for volume profile and two for Open and Close Highlighter. So for any chart timeframe, ltf candles can be 16th part of htf candle. So 4 hours chart can show as low as 15 minutes of ltf data. I didn't provide the open settings for changing the lower timeframe, as it would give errors in a lot of ways. You can change the timeframe for each chart time from the settings provided. Limitations: Like I mentioned earlier, this indicator is a workaround to display ltf candles inside a label. This indicator does not work well on smaller screens. So if you are not able to see the label, zoom out on your browser a bit. Move the indicator to either top or bottom of all indicators and shrink it's space because all details are inside the label. █  How I use MAGNIFYING GLASS: This indicator provides you an edge, on top of your existing trading strategy. How you use Magnifying Glass is entirely dependent on your strategy. I use this indicator to get a broad picture, before getting into a trade. For example I see a Doji or Engulfing or any other famous candlestick pattern on important levels, I hover the mouse on Magnifying Glass, to look for the price action the ltf candles have been through, to make that pattern. I also use it with my "Wick Pressure" indicator, to check price action at wick zones. Whenever I see price touching important supply and demand zones, I check last few candles to read chart like a beautiful price action story. Also volume is pretty important too. This is what makes Magnifying Glass even better than actual lower timeframe candles. The increasing volume along with up/down trend price shows upward/downward momentum. The sudden burst (peak) in the volume suggests volume climax. Volume profile on the left can be interpreted as the strength/weakness zones inside a candle. The low volume in a price zone suggests weakness and High volume suggests strength. The Highest volume on the left act as POC for that candle. Before making any trade, I read the structure of last three or four candles to get the complete price action picture. █  Conclusion Magnifying Glass is a well crafted indicator that can be used to track lower timeframe price action. This indicator gives you an edge with the Multi Timeframe Analysis, which I believe is the most important aspect of profitable trading. ~ @SiddWolf
Pine Script™ indicator
by SiddWolf
16
HeikinAshi_Point (HA-P)Hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- Following the previously published MACD-Total indicator, we are releasing the second indicator. - index - 1. HA-P Indicator Description 2. Chart interpretation using HA-P indicators 3. More important than indicators is creating a trading strategy (1. HA-P Indicator Description) The Heikin Ashi candle chart is a very good way to see trends. However, it is a pity that the actual price is not known on the chart made of Heikin Ashi candles. To compensate for this, the body candle part (Open~Close) of the Heikin Ashi candle was filled with the background of the normal candle. If you see more candles below the bottom of the body candle, you know the strength of the downtrend is high. Conversely, if more candles are displayed above their body candles equivalent, you can tell that the bullish strength is high. It can be seen that when the body candle color is displayed in blue, it is more likely to decline, and when it is in yellow, it is more likely to rise. The Heikin Ashi candle is a trending candle. Therefore, Heikin Ashi candles cannot be traded on their own. To complement this, HA-Low and HA-High indicators were created. The point where the HA-Low and HA-High indicators are leveled serves as support and resistance. So, the longer the horizontal line, the stronger the support and resistance role. A typical RSI is usually expressed as Close. Since the Close of the Heikin Ashi candle is different from the normal Close, we made it to display when the RSI is oversold and overbought as the background of the price chart. You cannot trade with the RSI indicator and the Heikin Ashi candle. However, it can be used to detect a change in trend. This gives you time to react to trend changes. In order to trade, it is possible to find support and resistance at the HA-Low and HA-High indicators. ------------------------------------------------------------ ------ (2. Chart interpretation using HA-P indicator) Let's interpret the BTCUSDT 1D chart using the HA-P indicator. Primary resistance: around 21478.98 Secondary resistance: around 29380.57 It moved higher on the 4th of July, breaking out of the RSI oversold zone. If it rises above the 19946.21 point and finds support, it is expected to lead to further upside. However, it needs to rise above 21478.98 for support to lead to further upside. --------------------------------- (3. More important than indicators is creating a trading strategy) In order to trade using these indicators, you need to invest a lot of time and observe. Whether you use an indicator or not, the most important thing in trading is whether you have many trading strategies. No matter how good indicators and signals are, if you do not have a trading strategy, you will not be able to properly trade due to psychological pressure. Therefore, it is most important to plan a trading strategy in advance before proceeding with a trade. - How much money to invest - How to set up a rough plan for buying in installments and selling in installments - How to set the Stop Loss point - How long will the investment be (short-term, medium-term, long-term, etc.) Basically, the above thoughts must be concretely thought out before proceeding with the investment. Otherwise, if you buy blindly when the price rises, there is a high possibility that you will end up incurring a loss due to psychological anxiety due to the volatility of the price. ----------------------------------
Pine Script™ indicator
by readCrypto
1
PopGun Trading, PG Pattern DetectorPopGun Bar Pattern Strategy PG Trading The indicator does the following: It detects the Outside Bar, the smaller inside Bar and the 3rd Pop Gun that is bigger, than the inside Bar. When the Pop Gun was detected, the indicator will calculate 3 targets for long and short trades. In our understanding, a Pop Gun is neutral. The next candles after the Pop Gun will decide if the PG breakout is bullish or bearish. So if one of the next candles after the PG is breaking the high or low of the PG Candle, this is a breakout confirmation and can traded long or short. We are using the PG Indicator for Stock, Futures and Index Trading. The Script uses 3 targets per default, but you can extend the target dots up to 6. If you want to see the targets in plain text, you can activate the PG Box. The targets are calculated really easy: Just the height of the candle multiplied with 1, 2 and 3 (4,5 and 6 additionally). In some communities there is an ATR calculation for more extended targets but it seems, that the ATR Calculation will sometimes lead to unreachable targets if the ATR is really high intraday... We trade PopGuns starting at M15 chart. I think PGs smaler than M15 are not worth a trade... Maybe i will add the ATR Function in the future just to compare the 2 ways to calculate PG targets. We are really doing well with 1,2,3 targets based on the PG Candle size. (Low to High). Please leave a comment if you have some feature requests or input to make this the best Pop Gun Indicator in Trading View ;-)
Pine Script™ indicator
by Roul_Charts
[FR]Custom Candles/FVG/nSideBarCustom Candles /FVG/ nSideBar - I used this as a learning project for understanding plot()'s Better - My goal was to see if I could use normal plots to cleanly plot FVGs on the chart using only plots with out and boxes/lines The problem was if multiple FVGs were on back to back bars the plot fill would fill the line to the next FVG/Bar I solved this by using 4 plots and alternating them if consecutive FVGs form - 2 MODES - Slim - Normal ////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////// -Slim Uses 3 plotcandle() parts and divides the candle between body/wicks/open and close by manipulating the ohlc inputs and the colors I was able to pretty make them full customizable all components are customizable with up/down colors -Normal These are your normal candles but they are full customize able from components to individual up/down colors -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - FVGs There are 2 FVG settings can be used with both MODES - Big These are the FVGs that use plots and since there isn't a 500 object limit on plots you don't need to manage them in the code and they are there how ever far you need to look back - Slim These use a Line and the width of the line can be adjusted for user preferences -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - INSIDE-BARS These will change the color of the body of either SLIM or NORMAL Candles -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Drawing Snap Features Work Just Fine! I suggest hiding your chart candles with the eye in the top left of the screen and moving the indicator to the top of your object tree I understand that the candles in the chart pictures are impractical I was just demonstrating the functionality of the tool Hope You Enjoy!! FFriZz
Pine Script™ indicator
by FFriZz
3
Dual Fibonacci Zones & Ranged Vol DCA Study - R3c0nTraderWhat does this do? This signal script (aka Study) was created so it could be used with the corresponding strategy "Dual Fibonacci Zone & Ranged Vol DCA Strategy - R3c0nTrader" to create the buy and sell signals for 3Commas bots. How to Use Configure the study to match your settings you have set in the strategy. This script comes with an buy and sell alert conditions built-in. Just click to add alert and select Buy or Sell and paste in your bot messages. Credits: Thank you "EvoCrypto" for granting me permission to use "Ranged Volume" to create this study Thank you "eykpunter" for granting me permission to use "Fibonacci Zones" to create this study
Pine Script™ indicator
by R3c0nTrader
4
Market Structure Patterns (Nephew_Sam_)This market structure indicator plots HH/LL labels with a little twist - it can identify upto 14 custom patterns of your choice! Indicator settings: Pivot strength - highest or lowest point in a number of x left+right bars Show - show zigzag lines, HHLL labels, Pattern Matches Patterns - upto 14 patterns (7 bear, 7 bull) with custom label text Styles - for labels and lines Disclaimer - Although 90% of this indicator is custom coded, I have to give credits to LonesomeTheBlue (www.tradingview.com) for his "Double Zig Zag with HHLL" indicator where I got the logic on how to plot the labels in real time. - This indicator repaints labels in realtime (not historical candle)
Pine Script™ indicator
by nephew_sam_
46
Pi Cycle Indicators Comparison IndicatorThere are now 3 Pi Cycle Indicators that I am aware of; the original, improved**, and bottom. This indicator attempts to provide all three indicators in a dingle, easy to view script. I coded this script to displace the moving averages above and below the price bars for easy viewing. This was accomplished by placing a scaling factor (/# or *#) at the end of the ta.sma or ta.ema functions. A vertical arrow, purposely posing as a short vertical line, marks the crossing of the long and short MAs for each indicator. These are color coded to match their respective indicators and the long and short MAs are similarly color coded for easy differentiation. The red colored MAs and arrows above the price line are the Improved Pi-Cycle Top Indicator. The green colored MAs and arrows below the price line are the Original Pi-Cycle Top Indicator. The blue colored MAs and arrows below the green lines and price line are the Pi-Cycle Bottom Indicator. One last feature of the chart is the use of the location function to enable easy comparison of the crossings of each indicator to the indicator itself and to the price. This can be accomplished simply by moving the chart up and down. **{I should note that while researching this I found that BitcoinMamo turns out to have beat me to the punch on the Improved Indicator Long.Short and Multiplier numbers. He should therefor get the credit for that}
Pine Script™ indicator
by MarkLefevre
2
SMC RulesThis script allowes you to have a plan always shown on the chart. You know how it is, sometimes you miss things and if you dont see your plan then you miss maybe an important part... so for this i wrote that simple script here. So far it has 5 Sections you can edit in the settings to your liking. On top you can also edit the swing structure you are seeing, so you dont have to always swap timeframes. Also implemented are the Session times for Frankfurt, London, New York and Asia. Its not enabled on default, but i find it quiet handy to have.. (including alerts) I will update it from time to time, if you wish for something just let me know.
Pine Script™ indicator
by Swiss_Traders
15
Quasimodo Pattern by EmreKbThis indicator show the quasimodo patterns on the chart. Quasimodo pattern (QML) is the reversal pattern. This looks like head and shoulder pattern but this have two difference. On the quasimodo, second neck should be lower/higher (lower for the bearish, higher for the bullish) and quasimodo has no second shoulder. Usually QML line is an entry and head point is a stoplos. Zigzag length is a length for the zigzag calculation.
Pine Script™ indicator
by EmreKb
53
Equal Highs and Equal LowsA simple indicator that detects if two candles lows or highs are equal. The pattern simply indicates the possibility of a reversal. However, many traders also use the Equal highs/lows within a broader context of market analysis to provide insights for trend traders, especially to detect pullbacks. Equal Highs/Lows are a pattern that can indicate a shift in a trend direction or to find pullbacks within an established trend. The idea behind the equal highs and lows is that the first candle shows a strong move in the current direction, and the second candle pauses the previous candlestick price action. It's a clear sign that the momentum is slowing down. This insight is valuable for traders and can detect a potential change in the trend direction. Usage Use the pattern to find reversals. Use the pattern to find pullbacks. Disclaimer: No financial advice, only for educational/entertainment purposes.
Pine Script™ indicator
by ProValueTrader
10