Is Price Action Higher or Lower on STRONG or WEAK VOLUME from lookback
(Strong or Weak Bulls // Strong or Weak Bears)
Candles / Bars Indicate the Following (default 13 period lookback / Length)
MAROON Bear Candle with STRONG VOLUME more than 150% of the lookback / length (13 default), STRONG Bear Candle Confirmed With Volume
RED Bear Candle while VOLUME is...
//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%
This script will display a small triangle under the latest two candles to indicate whether that candle is bullish or bearish based on the following definition.
A bullish candle closes in the top portion of the trading range of the candle while a bearish candle closes in the bottom portion of the trading range of the candle.
The cutoff is currently set at 65%...
double ma system built into candle sticks,
wick, above body shows true high, under true low.
the body symbolizes the double ma's, colors for expansion/contraction of the ma's.
optional: can hide true close point(black dots)
good usage with rsi candles:
When i was in Japan with some traders colleagues we talked about traditional charting tools from this country and how they changed the way we look at our charts today. Then suddenly one of the japanese traders i have met earlier said "Why not making another charting tool ? Smoother than Heikin-Ashi and including all the information a trader may need but easier to...
I've modified the original script by WiscoDish to show candles as green while they are smaller than the median of the past 10 candles. Once they become larger than the median they'll change to gray.
I've also added a horizontal median line so you can see how close the candle is to the median candle size.
This is very useful if you're stalking a trade and waiting...
Why use RSI Candles instead of a normal RSI? Because it removes screen clutter, and it also allows you to clearly see what level of overbought/oversold the candle is really at. Sometimes, it is hard to tell that a candle is overbought/oversold or very overbought/sold when it is exactly at 70 or 80. (as shown by arrows, scroll left on chart)
Original RSI Candles...
This is a script to help the beginners locate the candle patterns. It has a nice code that can be used in other scripts too. Easy to use with separated functions, simple patterns and complex patterns detections.
I have done some updates at the Candlestick Patterns Identified script by @repo32. Was a good start of my ideia. Tks for sharing repo.
It will be...
The 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...
Candle based indicator that shows swing highs and lows (pivots).
It draws an up or down arrow for simple three candle 'single' swings.
For stronger five candle 'double' swings, it colours the candle. Good for highlighting stronger reversals.
Both of these stylings can be toggled on/off individually.
Swing HIGH on an UP candle: bright...
Literally the name, just checks if a high or low is a full number or decimal (i.e 100.5) then shows the percentage of full number highs vs percentage of full number lows.
I couldn't really find anything useful with it but maybe someone else can
What 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...
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