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Analisis Candlestick

Mark StructureMark Structure is building the market swing structure, minor and sub structure and marks all possible insignificant pivots Building such structure is really complex task to do, that has a lot of obstacles and challenges. I'm doing my best to develop this indicator behaving in absolutely expectable and right way. Fill free to leave any comments or bug reports. it supports: - Marking all pivots with labels or join them continuously with trend lines. - Marking minor and sub structured swings with labels or join them continuously with trend lines. Marking BOS or SMS BOS, which are mbos. Minor and substructure are structures inside swing structure and it can differ from the structure of lower timeframe - Marking swings of swing structure with labels or join them continuously with trend lines. Marking BOS or SMS BOS of swing structure - Changing bullish and bearish colors of each kind of structures - Changing pivot labelings - Changing colors of BOSs Remarks: - As I told you guys before, it has a lot of challenging cases. eg we have swing low and high on the same candle and in order to decide which pivot goes first I take lower time frame data to figure out what pivot is the first, but it happens that on lower time frame the same issue takes place, due to limitation of TradingView I can't go infinitely to lower timeframes to solve this issue, so I mark those cases with labels - Another issue is very beginning of the trend its hard to detect swing structure there due to missing historical data. so skip a few waves in the very beginning - Don't expect to have minor and sub structure in each swing waves, its totally fine when you don't have them at all - Swing structure is the most significant structure and shows real price direction. Trend change is confirmed when for bull->bear the last HLbull LH>HH and HH-HL-HH are confirmed. You can change labelling for unconfirmed swing trend in the settings. By default its already done
Penunjuk Pine Script®
oleh MarkTools
49
Mark FVGsMark FVGs is marking FVG (stands for Fair Value Gap, other name is Imbalance or IMB) on your chart so that you can instantly detect them It supports: - marking bullish and bearish partly filled or unfilled FVGs of the current timeframe - marking bullish and bearish already filled FVGs of the current timeframe - marking bullish and bearish FVGs of the any 4 timeframes on your current timeframe technically it re-builds them on the last bar or as soon as new realtime bar is updated. it looks with 1k bars back to find the nearest specific number of FGVs Adjustments: - changing the maximum number of FVGs to display. - changing the color of FVG area - displaying already filled FVG of the current time frame - changing the mode of displaying area it can either extended or fixed width - displaying labels of other time frame FVGs
Penunjuk Pine Script®
oleh MarkTools
49
Engulfing Candles AlertThis is a Engulfing Candle Indicator with Alerts. This is not like any other Engulfing candle indicator present on TV. There are some special rules that are being used to identify specific engulfing candles. Also, the user can choose if they like nice body engulfing or they want to ignore them. The indicator have the following highlights: 1) Ability to choose the color of the engulfing candle body. 2) Ability to choose a different color for the Liq (liquidity) swap engulfing candle body. Bullish Engulfing after Liq Swap Bearish Engulfing after Liq Swap 3) With above 2 options, you can get the desired information without plotting any extra information on the chart. 4) You can put the alerts for getting notified when these patterns forms on the chart. 5) Ability to choose between getting notified or not on the chart if the engulfing candle body is less than 40% of the whole candle size. This is useful in order to identify if the engulfing is really powerful or not. After selecting the option to ignore such engulfing 6) Ability to choose between getting notified or not on the chart if the engulfed candle body is really small. This is in particular useful for avoiding the engulfing of Doji which in turn might not be that powerful. After selecting the option to ignore such engulfing We will keep on making the improvements/Enhancements over the time (Check the changelog for such features) NOTE: The indicator is of best use if you have a defined & back tested strategy which relies on this type of candlestick pattern.
Penunjuk Pine Script®
oleh For3xScalper
3
Bullish Engulfing AlertThis is a Bullish Engulfing Candle Indicator with Alerts. This is not like any other Bullish Engulfing candle indicator present on TV. There are some special rules that are being used to identify specific engulfing candles. Also, the user can choose if they like nice body engulfing or they want to ignore them. The indicator have the following highlights: 1) Ability to choose the color of the engulfing candle body. 2) Ability to choose a different color for the Liq (liquidity) swap engulfing candle body. 3) With above 2 options, you can get the desired information without plotting any extra information on the chart. 4) You can put the alerts for getting notified when these patterns forms on the chart. 5) Ability to choose between getting notified or not on the chart if the engulfing candle body is less than 40% of the whole candle size. This is useful in order to identify if the engulfing is really powerful or not. 6) Ability to choose between getting notified or not on the chart if the engulfed candle body is really small. This is in particular useful for avoiding the engulfing of Doji which in turn might not be that powerful. We will keep on making the improvements/Enhancements over the time (Check the changelog for such features) NOTE: The indicator is of best use if you have a defined & back tested strategy which relies on this type of candlestick pattern.
Penunjuk Pine Script®
oleh For3xScalper
Bearish Engulfing AlertThis is a Bearish Engulfing Candle Indicator with Alerts. This is not like any other Bearish Engulfing candle indicator present on TV. There are some special rules that are being used to identify specific engulfing candles. Also, the user can choose if they like nice body engulfing or they want to ignore them. The indicator have the following highlights: 1) Ability to choose the color of the engulfing candle body. 2) Ability to choose a different color for the Liq (liquidity) swap engulfing candle body. 3) With above 2 options, you can get the desired information without plotting any extra information on the chart. 4) You can put the alerts for getting notified when these patterns forms on the chart. 5) Ability to choose between getting notified or not on the chart if the engulfing candle body is less than 40% of the whole candle size. This is useful in order to identify if the engulfing is really powerful or not. 6) Ability to choose between getting notified or not on the chart if the engulfed candle body is really small. This is in particular useful for avoiding the engulfing of Doji which in turn might not be that powerful. We will keep on making the improvements/Enhancements over the time (Check the changelog for such features) NOTE: The indicator is of best use if you have a defined & back tested strategy which relies on this type of candlestick pattern.
Penunjuk Pine Script®
oleh For3xScalper
2
Opens, Closes, Highs and Lows.Hello Traders, the script below is designed to display the monthly, weekly, previous days' and current days' open, close, high and low. I designed it to assist in top down analysis by knowing the monthly and weekly opens and closes it makes it a lot easier to make trading decisions on the lower timeframes. As the user you can choose which price values you'd like displayed on the chart by selecting them in the user inputs. Enjoy!!
Penunjuk Pine Script®
oleh Lenny_Kiruthu
1
Sonarlab - MTF Imbalance/ FVGAn imbalance is created when the order block creates such impulsive volume in the market that it throws off the equilibrium between buyers and sellers, forming a gap. This is referred to as imbalance or FVG. These gaps act as a magnet for price to retrace to, in order to correct the disturbance in market equilibrium. Imbalances = FVG This image above shows you how an imbalance is created in the market using 3 candles. As we all know, candle sticks represent a specific time-range - for example: 1H. This means that inside 1 candle stick, there are 60 1 minute candle sticks resting. What I'm trying to say with this is that you get a totally different picture when you are on the lower timeframes. An imbalance can be overlooked, so it can be very helpful to have the multiple timeframe Imbalances on your screen, so you understand what is actually going on in the bigger picture. Usage Focused on combining with SMC: When trading SMC, Imbalances can be great for POI's (point of interests) or using as targets in the market. Imbalances work like magnets in the market. When the market is imbalanced, it mostly wants to balance those gaps and can sometimes react perfectly from the area's. Besides that, it can really give you an idea who is in control at that moment. Here you can see an example of an Imbalance when on the 1H timeframe - in the next picture below you can see the exact same imbalance, but then on the 3M. Now you understand why it can be overlooked? So, imbalances/ FVG's: - Increase probability of certain Point of Interests - Can be a sign of strong interest in price areas - Can be used as targets - Can be used as POI's What makes this Imbalance indicator different? The Sonarlab MTF Imbalance indicator makes it possible to show up to 3 higher timeframes, which makes it easier to do your analysis and spot these areas when trading.
Penunjuk Pine Script®
oleh vuetratrading
16
SubCandleI created this script as POC to handle specific cases where not having tick data on historical bars create repainting. Happy to share if this serves purpose for other coders. What is the function of this script? Script plots a sub-candle which is remainder of candle after forming the latest peak. Higher body of Sub-candle refers to strong retracement of price from its latest peak. Color of the sub-candle defines the direction of retracement. Higher wick of Sub-candle refers to higher push in the direction of original candle. Meaning, after price reaching its peak, price retraced but could not hold. Here is a screenshot with explanation to visualise the concept: Settings There is only one setting which is number of backtest bars. Lower timeframe resolution which is used for calculating the Sub-candle uses this number to automatically calculate maximum possible lower timeframe so that all the required backtest windows are covered without having any issue. We need to keep in mind that max available lower timeframe bars is 100,000. Hence, with 5000 backtest bars, lower timeframe resolution can be about 20 (100000/5000) times lesser than that of regular chart timeframe. We need to also keep in mind that minimum resolution available as part of security_lower_tf is 1 minute. Hence, it is not advisable to use this script for chart timeframes less than 15 mins. Application I have been facing this issue in pattern recognition scripts where patterns are formed using high/low prices but entry and targets are calculated based on the opposite side (low/high). It becomes tricky during extreme bars to identify entry conditions based on just the opposite peak because, the candle might have originated from it before identifying the pattern and might have never reached same peak after forming the pattern. Due to lack of tick data on historical bars, we cannot use close price to measure such conditions. This leads to repaint and few unexpected results. I am intending to use this method to overcome the issue up-to some extent.
Penunjuk Pine Script®
oleh Trendoscope
9
Inside Bar SetupScript Details - This script plots Inside Bar for given day in selected time-frame (applicable only for Timeframes < Day) - Basis plotted inside bar, relevant targets are marked on the chart - Targets can be customised from script settings. Example, if range of mother candle is 10 points, then T1 is 10 * x above/below mother candle and T2 is 10 * y above/below mother candle. This x & y are configured via script settings How to use this script ? - This script works well on 10-15 mins timeframe for stocks, 15/30 mins timeframe for nifty index and 30/60 mins time frame for bank nifty index - If mother candle high is broken, take long trade with SL of mother candle low and if low is broken, take short trade with SL of mother candle high Remember: 1. Above logic is to be combined with support/resistances i.e. price action. This script is an add-on to price action analysis giving you more conviction. 2. If range of mother candle is very high, it is recommended to avoid the trade. 3. Basis inside bar formed on higher time frame, take trade on basis of lower time frame i.e if inside bar is formed on 60 mins, take trade on the basis of 10-15 mins time frame Example: 1. As seen in the chart, Nifty is near it's resistance and we are seeing Inside Bar being formed, In such scenario, even if High of Mother Candle is broken, we should be more interested to short as we are near resistance and probability of getting our targets in long side is less. 2. So, if I see breakdown of mother candle i.e. price going below low of mother candle, we will short with SL of high of mother candle. 3. As seen in the chart, both the targets are achieved. Additional Info: 1. Targets on Long/Short Side can be configured via settings. For indices 1 times/1.5 times the range works well. 2. This script plots targets basis the first inside bar formed in the day for selected time frame. 3. Inside bars formed through out the day are coloured separately but lines are plotted only on the basis of 1st formed inside bar as this strategy works well for the first formed inside bar) 4. Don't forget to check volume in case of breakout/breakdown. Note: 1. Mother Candle - First Candle of Inside Bar 2. Child Candle - Candle formed inside Mother Candle (Second Candle of Inside Bar) Happy Trading :)
Penunjuk Pine Script®
oleh dixitsoham7
40
MTF Heikinashi BarOVERVIEW This indicator shows whether Heikin Ashi is up or down, represented by a bar. This indicator is compatible with MTF. CONCEPTS What do you want to know about market analysis? Do you want a hard analysis? You can look for it. All I want to know is whether the commonly known technical analysis is 'UP' or 'DOWN'. All I want to know is whether the current market price is going up or down. Not only for the current, but also for the monthly, weekly, and daily status. I want to make a decision in a moment. Without even thinking about it. That is why I created a color-coded bar indicator to show the status. No need to frown anymore. DETAILS Heikin means average. Ashi means legs. In this case, it means a candle. Close = (Close + Open + High + Low) / 4 For more information, click here. tradingview.com Heikin Ashi Up ⇒ green Heikin Ashi Down ⇒ red
Penunjuk Pine Script®
oleh FX_KEYSTONE
1
Engulfing Candle Marker (Full Candle)A simple indicator that marks FULL CANDLE engulfing candles... current high > previous high current low < previous low bullish: close > open (triangle below) bearish: close < open (triangle above) A lot of the engulfing indicators available are body only. I created a FULL CANDLE indicator because that's what I prefer using. Can be useful for spotting both reversal and continuation price action. Always have a complete trading plan and backtest it for yourself, engulfing candles in themselves to not guarantee a profit. You are more powerful than you know...keep expanding!
Penunjuk Pine Script®
oleh TradingHeroes
4
Flag DetectorThis script attempts to find consolidations or retracements within the context of a previous uptrend - basically looking for flag type patterns. It first measures an initial move (referred to as the flag pole in this script) and then looks for consolidation after that move within a certain range. If the consolidation is within the rage, it plots a dot under the candle to show you the consolidation areas. It's not fool proof, but seems to do a decent job of identifying pullbacks and sideways consolidations reasonably well.
Penunjuk Pine Script®
oleh millerrh
4
Watchlist Screening Hammer & Engulfing Strategies [By MUQWISHI]A trading strategy screener is an idea of a visual alert for those who're trading particular strategies and facing a lack of capability of monitoring many symbols simultaneously, so this kind of tool could be more efficient to keep managing trading plans smoothly and quickly. I developed this screener as an idea more than providing legend strategies. This screener indicator performs scanning 4 different strategies with customizable 10 symbols inputs, and 5 min is the preferable timeframe. Strategies 1. Hammer at Low of the day. 2. Shooting Star at High of the day. 3. Bull Engulfing at Low of the day. 4. Bear Engulfing at High of the day. Screener Overview Disclaimer I'm an amateur, and I'm not a qualified licensed investment advisor. I don't recommend the use of showing signals as a sole means of trading decisions.
Penunjuk Pine Script®
oleh MUQWISHI
8
3 Line Strike [TTF]This indicator is a spin-off of the popular TMA Overlay indicator made by request of the original author that narrows down the scope to simply identifying a couple of key candlestick patterns - Engulfing candles and 3 Line Strikes. In addition to being a far more tailored and purpose-specific indicator, we have also update the indicator code to the latest version of Pinescript and added some enhanced alerts.
Penunjuk Pine Script®
oleh TheTrdFloor
100
DB Trend Break FinderDB Trend Break Finder What does the indicator do? The DB Trend Break Finder indicator is designed to allow for easy visualization of price action trends and works on multiple timeframes (weekly+ recommended). The indicator is faily simple at it's core with background color changes for the following scenarios: Lower Lows Lower Highs (Lagging) Higher Highs Lower Lows & Higher High Combos (Lagging) Higher Lows & Lower Highs Combos (Lagging) How should this indicator be used? The DB Trend Break Finder indicator should be used for an easy visual reference of the current price action in respect to the previous closing. It can be hopeful for quickly locating price trend changes and possible price action patterns. Does the indicator include any alerts? Yes, the script contains alerts for "Lower Low", "Lower High" and "Higher High" conditions. Please note the indicators should be used for alerts to price action changes for manual review and should not be used for robot trading. Some of the plotting is lagging and all of the plots repain in realtime. Enjoy!
Penunjuk Pine Script®
oleh thefluffyones
Dante Bullish/Bearish EngulfingBearish and Bullish engulfings as taught by Tom Dante Piccin. Different from other bullish/bearish engulfing indicators because other indicators only want the body of the current candle to engulf the previous body. This indicator needs the low and high of the current candle to engulf the previous one and also in the example of a bullish engulfing close above the previous candle high or in a bearish engulfing example close below the low of the previous candle.
Penunjuk Pine Script®
oleh Seriffin
5
Fake breakHi Traders, I've developed an indicator which can detect fake-breaks on the chart. In the following you'll find the definition of the fake break candles and also you will find how to recognize it on the chart with practical examples. What is the fake break pattern? Sometimes support and resistance lines broke with a full body and strong candles that gives us the idea of sharp movements on the chart but suddenly the next candle returns all the path of the previous candle. in this case we can say fake break is happening on the chart. This indicator detect fake break patterns based on two criteria: 1. It uses AverageTrueRange indicator to measure the strength of the pattern. 2. The returning candle should engulf minimum 75% of the break candle. This indicator plot 2 terms in the name of "FB-D" and "FB-U" that are abbreviations of the "Fake Break Down" and "Fake Break Up". You can also set alerts to get notified when fake breakout happens on the chart. Notice: This pattern is only acceptable in valid support and resistance zones and you can not rely on it everywhere on the chart (specially in the middle of the waves). Notice: The source code of this indicator is open and you are allowed to use it on your scripts by mentioning the name of author. Disclaimer: This is not a financial advice or any signal to buy or sell, the goal of developing such an indicator is to use for educational purposes.
Penunjuk Pine Script®
oleh salarkamjoo
9