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Analisis Candlestick

[NM] Reversal Candles v01Reversal candles are a very easy way to identify a turn in trend, this indicator has some specific additional conditions for the reversal candle. BUY Signal reversal candle Low of current candle exceeds low of previous candle Low of current candle is lowest for last 7 candles High of current candle exceeds high of previous candle Close of current candle is in the upper 50% of the range of this candle SELL Signal reversal candle High of current candle exceeds high of previous candle High of current candle is Highest for last 7 candles Low of current candle exceeds low of previous candle Close of current candle is in the lower 50% of the range of this candle How do I trade it ? (example buy signal) Wait for close of the candle and the BUY signal Put a buy stop entry 5 pips above the high of the candle Put a stop loss 5 pips below the low of the candle Calculate difference between entry and stop loss and set your target that number of pips above the entry for a 1:1 RR trade* Wait for your your target or stop loss to be triggered * Alternatively, you can take 50% of the profit at the 1st (1:1 RR) profit target, move your stop to break even and let the rest of the position run for a higher potential profit. Further advice on use Personally I always look for some additional confirmation like a support or resistance level, a bounce of the EMA or a fibonacci level, but please feel free to add additional filters to make the strategy even more effective. I would strongly advise to backtest your strategy first so you can fine tune it and have confidence in trading it. Forward testing on a demo account before going live, although it takes longer, can be a worthy alternative. Works better on higher time frames. How do you use it ? Please leave a note in the comment section below to let me know if you use the indicator and how. There's definitely not just one way to use the indicator so I'm curious about your feedback. To apply the script to your chart, just add it to your favourites so you can easily find it in the Indicators list. Kindly leave me a thumbs up if you like this indicator or support my work, and do not hesitate to visit my other indicators. Thanks for your visit
Penunjuk Pine Script™
oleh Nico.Muselle
17
Mister Transistor 3.0This is a general purpose very flexible program to test the effectiveness of HA bars. Please note that if you are charting at tradingview using Heikin-Ashi charting, your system will be trading fictitious prices even if you check the "use real prices" box. Thought you might like to know that before you lose all your money. This program performs the HA calcs internally thus allowing you to use HA bars on a standard bar chart and obtaining real prices for your trades. Courtesy of Boffin Hollow Lab Author: Tarzan the Ape Man
Strategi Pine Script™
oleh tarzan
Big Shadow by Walter Peters v1.1Version 1.1 is here! This is an indicator for the Big Shadow (engulfing candle) that Walter Peters teaches in his course (fxjake.com) and book "Naked Forex". I have really been diving into this one and back testing it like crazy. The results have been great and I will be publishing them on the nakedforexnow.com forum soon since it probably isn't appropriate to do it here. If you like it, please reach out to me @fredferrell on the forum. I would love to discuss back testing results with other traders.
Penunjuk Pine Script™
oleh FredFerrell
8
Reversal Candle Pattern SetUp An outside reversal candle set up script with buy/sell signals. Looks simple but it's pretty powerful especially if combined with your choice confirming indicator. The pattern psychology is this one (Frank Ochoa explanation): " The power behind this pattern lies in the psychology behind the traders involved in this setup. If you have ever participated in a breakout at support or resistance only to have the market reverse sharply against you, then you are familiar with the market dynamics of this setup. [Basically, market participants are testing the waters above resistance or below support to make sure there is no new business to be done at these levels. When no initiative buyers or sellers participate in range extension, responsive participants have all the information they need to reverse price back toward a new area of perceived value. As you look at a bullish outside reversal pattern, you will notice that the current bar's low is lower than the prior bar's low. Essentially, the market is testing the waters below recently established lows to see if a downside follow-through will occur. When no additional selling pressure enters the market, the result is a flood of buying pressure that causes a springboard effect, thereby shooting price above the prior bar's highs and creating the beginning of a bullish advance."
Penunjuk Pine Script™
oleh cristian.d
31
Binary option trading by two previous barsThis simple script uses the idea of inertia of the market. if 2 previous candles have the same color, current meant to have that too. Following this signal is equal to buying a binary option on the start of the bar (week here). Signals are shown as arrows on the series. The color of the bar shows the outcome of the current option: yellow is success, black is failure. The same outcomes are at the bottom of the chart. The blue line is the total revenue of all options so far. Can be used as template for strategy simulation.
Penunjuk Pine Script™
oleh radixvinni
9
TUX CandlesThis indicator has a lot of information. This is the first version so stay tuned for updates, and please let me know of any bugs. Candlestick Indicators: Doji Shooting Star Evening Star Hammer Hanging Man Candlestick Formations Tri-star Bearish Harami Bullish Harami Bearish Harami Cross Bullish Harami Cross Bullish Engulfing Bearish Engulfing Rising Three Falling Three Bearish Abandoned Baby Bullish Abandoned Baby Three Black Crows Three White Soldiers Technical Indicators: (You can set you MA periods) Moving Average Cross Move Average Crossover
Penunjuk Pine Script™
oleh tux
2