Candles - Cheat SheetWhat is up y'all ? (french trying to sound American)
I found that in my script archives, way back in an old cave. I think this might be useful as a few really asked me how to define a green/red candle, how to capture the wick value, the body, etc..
This is not a fancy script as usual and I'm sure they're plenty of candles pattern scripts out there but I saw no one sharing a simple candle cheat sheet for pinescript coding
Being able to define candles using codes is an essential skill to have for any Pinescripter
Still on the train so won't write a roman as usual... Kidding... I actually did it here What-is-an-Hard-Exit-and-a-few-notes-on-trading-management/
It won't bring me as many likes as any magic p**p cannon accounts promising the moon at each trade but if I can help at least 1 trader a day not losing his/her money, I'll be happy and my daily goal will be fulfilled
All the best
Dave
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Candle
MACD Profit CandlesThis tool is simple yet very effective. It creates new candles on the chart based on the MACD.
Candles are green when MACD is increasing and red when it is decreasing. All lengths can be adjusted in the input menu and there is an option to plot the signal line.
The rules for using it are pretty simple:
1.Buy on Green
2.Sell on red
~Happy Trading~
Engulfing Candles DetectorHello traders
Credit to HPotter for that script
I took his script and added alerts to it. 2 lines lol
But anyway, useful to detect reversals by coloring bullish/bearish engulfing candles :)
Enjoy
David
HookStringEnglish
If green line enter the bottom area (red), then the price is accumulation
the red line below bottom area, then the price on high correction or accumulation
if green line cross up from bottom area, it can be used as entry indicator
The Top area can be used for taking profit indicator, specially if green line cross down top area
Bahasa:
klo masuk area merah artinya dia mulai akumulasi, saat keluar dari area merah maka artinya breakout
jika dia masuk area hijau berarti itu area take profit
take profit bisa juga setelah dia keluar dari area hijau
Next Candle HA MomentumVery simple script that updates realtime and shows possible next candle outcome and difference between current HA candle and current regular candle.
It's intended to use on Heikin Ashi and shows actual price on them, while on regular candles shows difference.
Idea was suggested by my husband and we decided to develop and publish it together.
Enjoy and check other scripts on my profile!
Directional filter VERSION 2The idea is to make it more visible if the moment is to seek buying or selling, based on moving averages, being SMA 21 and EMA 9.
best BUYBAR has the EMA9 and SMA21 rising and closing above them. "relevance A"
best SELLBAR has the EMA9 and SMA21 dropping and closing below them. "relevance A"
Conditions for all colors of the candlesticks:
BuyBar A = price closes above EMA9 and SMA21 with EMA9 and SMA21 rising.
BuyBar B = price closes above SMA21 with SMA21 rising OR price closes above EMA9 and SMA21.
BuyBar C = price closes above EMA9 with EMA9 rising and SMA21 falling.
BuyBar Neutral = close> open.
SellBar A = price closes below EMA9 and SMA21 with EMA9 and SMA21 falling.
SellBar B = price closes below SMA21 with SMA21 falling OR price closes below EMA9 and SMA21.
SellBar C = price closes below EMA9 with EMA9 falling and SMA21 rising.
SellBar Neutral = close abertura.
SellBar A = preço fecha abaixo de EMA9 e SMA21 com EMA9 e SMA21 caindo.
SellBar B = preço fecha abaixo de SMA21 com SMA21 caindo OU preço fecha abaixo de EMA9 e SMA21.
SellBar C = preço fecha abaixo de EMA9 com EMA9 caindo e SMA21 subindo.
SellBar Neutral = fechamento < abertura.
As medias moveis também alteram de acordo com a direção em que estão:
EMA 9 subindo = azul
EMA 9 caindo = laranja
SMA 21 subindo = verde
SMA21 caindo = vermelho
PA Researcher Candle CounterThis is PA Researcher Candle Counter
Ability to Count Candles
Easy Scan
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캔들 카운터입니다.
양봉/음봉을 명확하게 구분할 수 있습니다
High Performance Candlestick Patterns Colors//Candle Patterns Ranked by Performance THOMAS N. BULKOWSKI
//1. Bearish Three Line Strike +Up 67.38%
//2. Bullish Three Line Strike -Down 65.23%
//3. Bearish Three Black Crows -Down 59.83%
//4. Bearish Evening Star -Down 55.85%
//5. Bullish Upside Tasuki Gap +Up 54.44%
//6. Bullish Inverted Hammer -Down 51.73%
//7. Bullish Matching Low -Down 50.00%
//8. Bullish Abandone Baby +Up 49.73%
//9. Bearish Two Black Gapping -Down 49.64%
//10. Brearish Breakaway -Down 49.24%
//11. Bullish Morning Star +Up 49.05%
//12. Bullish Piercing Line +Up 48.37%
//13. Bullish Stick Sandwich +Up 48.20%
//14. Bearish Thrusting Line During Dowtrend +Up 48.10%
//15. Bearish Meeting Line +Up 48.07%
//Down=Yellow Bar Color and Black Text
//Up=Blue Bar Color and Blue Text
//High Performance Candlestick Patterns Colors Top 15
High Performance Candlestick Patterns//Candle Patterns Ranked by Performance THOMAS N. BULKOWSKI
//1. Bearish Three Line Strike +Up 67.38%
//2. Bullish Three Line Strike -Down 65.23%
//3. Bearish Three Black Crows -Down 59.83%
//4. Bearish Evening Star -Down 55.85%
//5. Bullish Upside Tasuki Gap +Up 54.44%
//6. Bullish Inverted Hammer -Down 51.73%
//7. Bullish Matching Low -Down 50.00%
//8. Bullish Abandone Baby +Up 49.73%
//9. Bearish Two Black Gapping -Down 49.64%
//10. Brearish Breakaway -Down 49.24%
//11. Bullish Morning Star +Up 49.05%
//12. Bullish Piercing Line +Up 48.37%
//13. Bullish Stick Sandwich +Up 48.20%
//14. Bearish Thrusting Line During Dowtrend +Up 48.10%
//15. Bearish Meeting Line +Up 48.07%
//Down=Yellow Bar Color and Black Text
//Up=Blue Bar Color and Blue Text
//High Performance Candlestick Patterns Top 15
Bearish Candlestick PatternsDoji
Black Spinning Top
White Spinning Top
Bearish Abandoned Baby
Bearish Advance Block
Bearish Below The Stomach
Bearish Belt Hold
Bearish Breakaway
Bearish Counter Attack Lines
Bearish Dark Cloud Cover
Bearish Deliberation Blok
Bearish Descending Hawk
Bearish Doji Star
Bearish Downside Gap Three Methods
Bearish Downside Tasuki Gap
Bearish Dragonfly Doji
Bearish Engulfing
Bearish Evening Doji Star
Bearish Evening Star
Bearish Falling Three Methods
Bearish Falling Window
Bearish Gravestone Doji
Bearish Hanging Man
Bearish Harami
Bearish Harami Cross
Bearish Hook Reversal
Bearish Identical Three Crows
Bearish In Neck
Bearish Island Reversal
Bearish Kicking
Bearish Ladder Top
Bearish Last Engulfing Top
Bearish Low Price Gapping Play
Bearish Mat Hold
Bearish Matching High
Bearish Meeting Line
Bearish On Neck
Bearish One Black Crow
Bearish Separating Lines
Bearish Shooting Star
Bearish Side by side White Lines
Bearish Three Black Crows
Bearish Three Gap Up
Bearish Three Inside Down
Bearish Three Line Strike
Bearish Three Outside Down
Bearish Three Stars in the North
Bearish Thrusting Line During Dowtrend
Bearish Tower Top
Bearish Tristar
Bearish Tweezers Top
Bearish Two Black Gapping
Bearish Two Crows
Bearish Upside Gap Two Crows
Bullish Candlestick PatternsBullish Abandone Baby
Bullish Above The Stomach
Bullish Belt Hold
Bullish Breakaway
Bullish Concealing Baby Swallow
Bullish Counterattack Lines
Bullish Deliberation Block
Bullish Descent Block
Bullish Doji Star
Bullish Downside Gap Two Rabbits
Bullish Dragonfly Doji
Bullish Engulfing
Bullish Hammer
Bullish Harami
Bullish Harami Cross
Bullish High Price Gapping Play
Bullish Homing Pigeon
Bullish Hook Reversal
Bullish Inverted Hammer
Bullish Island Reversal
Bullish Kicking
Bullish Ladder Bottom
Bullish Last Engulfing Bottom
Bullish Mat Hold
Bullish Matching Low
Bullish Meeting Line
Bullish Morning Doji Star
Bullish Morning Star
Bullish On Neck
Bullish One White Soldier
Bullish Piercing Line
Bullish Rising Three Methods
Bullish Rising Window
Bullish Separating Lines
Bullish Side by Side White Lines
Bullish Stick Sandwich
Bullish Takuri Line
Bullish Three Gap Downs
Bullish Three Inside Up
Bullish Three Line Strike
Bullish Three Outside Up
Bullish Three Stars in the South
Bullish Three White Soldiers
Bullish Thrusting Line During Uptrend
Bullish Tower Bottom
Bullish Tristar
Bullish Tweezers Bottom
Bullish Two Rabbits
Bullish Unique Three River Bottom
Bullish Upside Gap Three Methods
Bullish Upside Tasuki Gap
[ssabu]Daily_Candle_Indicator✅ Daily_Candle_Indicator
일봉보다 낮은 프레임에서 일봉의 캔들모습을 배경으로 함께 보여주는 보조지표 입니다.
상승 후에 일봉 상의 음봉에 해당하는 단기조정 및 하락추세 중 일봉상의 지지영역에 해당하는 구간 등등의 여러 구간에서 쓰임을 극대화 할 수 있습니다.
위의 차트 예시는 1시간봉 기준의 차트예시이고 일봉 이하의 모든 프레임에서 사용이 가능합니다.
It is a supplementary indicator that shows together the background of a candle in the frame from the frame lower than the one.
After the rise, you can maximize its use in various sections of the short-term adjustment and downward trend corresponding to the apron on the apron,
the section corresponding to the support area on the apron.
The chart example above is an example of a one-hour bar chart and can be used in all frames below one bar.
PA Extremely Early version
Experimenting with traditional "market structure" and candlestick patterns for trend analysis
Candlestick identificationThis is a first draft of a candlestick pattern recognition study. As of now individual candles and some two-candle patterns can be identified. More to come ...
Basic Hammer StrategyThis is a basic strategy that will buy after a hammer is printed, and sell when a predetermined risk or reward price is hit. You can change the risk and reward values in the settings. Risk and reward values are in increments of $0.01. Default values are 75 ($0.75) and 200 ($2.00). If the strategy is producing losses, try adding a zero to the end of the risk value and the reward value. Example: Higher valued stocks may do better with a Risk of 750 ($7.50) and a Reward of 2000 ($20.00). Maybe even a Risk of 750 ($7.50) and reward of 1000 ($10.00). Play around with these values to get the best result for different charts. Initial investment is set to $1000
MA CandlesOHLC calculated with a moving average.
You can replace sma with anything. EMA, Hull, sma(sma(sma(sma(close, etc.
You could also make it look clean like Heikin Ashi candlesticks if you include min/max for low/high wicks on candles.
candels v1So this is a candel version with different smoothing methods (EMA ,KAMA 'WMA , ALMA etc)
you have option for MTF in the setting
the length is set to 1 -change it to the size you want (20 for example)
spike reversal (lirshah)spike reversal indicator is an innovation of lirshah programming team,
this indicator is combination of several indicators with candle sticks patterns.
good accuracy on reverse points and ease of interpretation are strong points of this indicator.
calculation of this indicator is based on opening price of each bar which means the value of indicator is constant on each candle and no repaints occur.
Directional filterThe idea is to show simply through colors "stronger or weaker" the relevance of candles in the current direction of the asset.
the indicator was made to be used in the graphics of 5m and 15m. based on the SMA20 already indicated previously and with a SMA20 of the graph of 60m.
candles will have their colors modified according to their relevance in the current trend, "A" through "D", where "A" is the strongest and "D" is the weakest.
Conditions:
Buy candle A: price closes above SMA20 (5m or 15m) and above SM20 of 60m.
Buy candle B: price closes above the SMA20 (5m or 15m) and below the SMA20 of 60m.
Buy candle C: Price closes below the SMA20 (5m or 15m) and above the SMA20 60m.
Buy candle D: price closes below the SMA20 (5m or 15m) and below the SMA20 of 60m.
Sell candle A: price closes below the SMA20 (5m or 15m) and below the SMA20 of 60m.
Sell candle B: price closes below the SMA20 (5m or 15m) and above the SMA20 of 60m.
Sell candle C: price closes above the SMA20 (5m or 15m) and below the SMA20 of 60m.
Sell candle D: price closes above the SMA20 (5m or 15m) and above the SMA20 of 60m.
Note 1: SMA8 and SMA200 are also inserted (but they do not interfere with the indicator)
Note 2:
I will leave an image with the colors that represent the relevance of each candle.
imageshack.com
Multiple Time Frame Candles - RyanLeeFX.comMultiple Time Frame Candles is a unique script that allows traders to quickly and easily analyze price action candles across multiple time frames all from one chart. Multiple Time Frame Candles eliminates the need for price action traders to change chart time frames when trying to analyze multiple time frames. With this script, traders can easily see the candles from a lower time frame inside candles from a higher time frame.
For example, traders can see 1 Hour candles inside Daily candles. Or 5 Min candles inside Hourly candles. Or Daily candles inside Weekly candles. Or Hourly candles inside Daily candles inside Weekly candles. The options for comparing multiple time frame candles on one screen are almost limitless.
This script differs from other Multiple Time Frame Candle scripts by displaying the open, high, low and close of the larger time frame candle as well as highlighting the close price due to its proven importance.
The ability to quickly analyze multiple time frames from a single chart will make you more confident in your trades as well as save you valuable time during your analysis.
Multiple Time Frame Candles is also an amazing script to help beginning to experienced traders better visualize price movement across multiple time frames all from a single chart. Happy Trading!!
Candles HistoryA utility tool to get some metrics from the whole candles history.
Consider it as my Christmas gift to the community.
Available metrics
Starting Year
Starting Month
Starting Day
Starting Weekday
Starting Hour
Starting Minute
Highest Volume (works correctly only on the tickers with available volume data)
Lowest Volume (works correctly only on the tickers with available volume data)
Longest Candle Range
Average Candle Range
Longest Candle Body
Average Candle Body
Available Candles
Bullish Candles
Bullish Trend Candles (body >= range / 2)
Bearish Candles
Bearish Trend Candles (body >= range / 2)
Doji Candles
Bullish Marubozu Candles
Bearish Marubozu Candles
Longest Bullish Serie
Longest Bearish Serie
Good luck!