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Candlestick analysis

[19] Direction of Market by Alpha SicaThis script provides a simple yet powerful visualization of the current market direction. It automatically detects and displays the prevailing trend—bullish, bearish, or ranging—based on structural shifts and price behavior. Designed to help traders stay aligned with the dominant market direction, this tool is perfect for those who rely on trend-following, breakout strategies, or market structure analysis. It works seamlessly across all timeframes and asset classes. Use it to confirm your bias, avoid counter-trend entries, and improve timing on trade execution. Features include: • Real-time directional bias (uptrend/downtrend/range)
Penunjuk Pine Script®
oleh AlphaSica_Malaysia
M's Ultimate Screener V8.5 (Turbo + Smart Zones + Final Fixed)Custom indicator from my trading experience is built to offer traders a comprehensive view of the market with minimal complexity. It combines multiple technical factors, such as MACD momentum, volume confirmation, RSI strength, moving average trend direction, etc., to generate clear and intuitive signals. Key Features: 📈 Clear Buy/Sell signals based on multi-confirmation setups 🔥 Works on all timeframes and for all asset classes (stocks, forex, crypto, indices) 🚀 Filters out low-quality trades using volume and trend conditions 📊 Customizable settings to fit different strategies and risk appetites ⚡ Built-in alerts for real-time signal notifications 📅 Designed for day traders, swing traders, and long-term investors
Penunjuk Pine Script®
oleh mesharymj77
2
leenlee Prepare for TradingLeenlee 1/10 Position Strategy Total capital: 1,000,000 KRW Each trade: 100,000 KRW (1/10 of total capital) Red triangle = Short signal Green triangle = Long signal When a long signal appears, enter a 100,000 KRW long position When a short signal appears, close the long and enter a 100,000 KRW short position If the price drops after entering long but no short signal appears, keep holding or add another 100,000 KRW (averaging down) Always trade in fixed 1/10 portions (100,000 KRW per entry) If a short signal appears, cut losses and switch to short Repeat the process consistently Optimized for BTC 15-minute chart
Penunjuk Pine Script®
oleh choonghyunlee
Entropy Bands (TechnoBlooms)Entropy Bands — A New Era of Volatility and Trend Analysis Entropy Bands is our next indicator as a part of the Quantum Price Theory (QPT) Series of indicators. 🧠 Overview Entropy Bands are an advanced volatility-based indicator that reimagines traditional banded systems like Bollinger Bands. Built on entropy theory, adaptive moving averages, and dynamic volatility measurement, Entropy Bands provide deeper insights into market randomness, trend strength, and breakout potential. Instead of only relying on price deviation (like Bollinger Bands), Entropy Bands integrate chaos theory principles to create smarter, more responsive dynamic bands that adapt to real market behavior. 🚀Why is Entropy Bands Different — and Better Dynamic Band Width : Adjusts using both entropy and ATR, creating smarter expansion/contraction. Multi-Moving Average Core : Choose between SMA, EMA, or WMA for optimal centerline behavior. Noise and Breakout Filtering : Filters fake breakouts by analyzing candle body size and entropy conditions. Visual Clarity : Background and candle coloring highlight chaotic/noisy zones, trend zones, and breakout moments. Entropy Bands don't just react to price — they analyze the underlying market behavior, offering superior decision-making signals. 📚 Watch Band Behavior: Bands expand during volatility spikes or chaotic conditions. Bands contract during low volatility or tight consolidation zones. 📚 Analyze Candle Coloring: Green = Bullish breakout (closing above upper band). Pink = Bearish breakout (closing below lower band). Gray = Inside bands (neutral/random noise). ✨ Key Features of Entropy Bands: Entropy-Based Band Width Calculation: A scientific edge over pure price deviation methods. Dynamic Background Coloring: Highlights high entropy areas where randomness dominates. Candle Breakout Coloring: Easy-to-spot trend breakouts and strength moves. Multi-MA Flexibility: Adapt the bands’ core to trending, ranging, or volatile markets. Body Size Filter: Protects against fake breakouts by requiring meaningful candle body moves.
Penunjuk Pine Script®
oleh TechnoBlooms
4
This is an advanced Buy/Sell indicatorThis is an advanced Buy/Sell indicator optimized for 4H charts. It combines regression-based forecasting, ATR-based stop loss logic, and automatic visual exit signals triggered by reversal confirmation. Ideal for traders who prefer clear, rule-based signals. To access the script or discuss pricing, contact: okan24aktas@yandex.com Script erişimi veya fiyat bilgisi için: okan24aktas@yandex.com 📩 Erişim almak için:okan24aktas@yandex.com 📩 To get access:okan24aktas@yandex.com
Penunjuk Pine Script®
oleh ekonomikokteyli
This is an advanced Buy/Sell indicatorThis is an advanced Buy/Sell indicator optimized for 4H charts. It combines regression-based forecasting, ATR-based stop loss logic, and automatic visual exit signals triggered by reversal confirmation. Ideal for traders who prefer clear, rule-based signals. To access the script or discuss pricing, contact: okan24aktas@yandex.com Script erişimi veya fiyat bilgisi için: okan24aktas@yandex.com 📩 Erişim almak için:okan24aktas@yandex.com 📩 To get access:okan24aktas@yandex.com
Penunjuk Pine Script®
oleh ekonomikokteyli
Multi Candle Engulfing Detector🔍 Multi Candle Engulfing Detector This indicator identifies powerful engulfing candles that consume three or more previous candles — a signal often tied to strong market reversals or continuation moves. 🧠 Features Detects candles that fully engulf the previous 3 or more candles Optional filtering: only trigger when the engulfed candles are of the opposite color Customizable engulf count for greater pattern control Clear bullish and bearish signal labels on the chart Alerts integrated: get notified the moment a setup forms Background highlighting for enhanced visibility ⚙️ Settings Minimum Number of Candles to Engulf: Default is 3, but can be adjusted Require Opposite Color: When enabled, the engulfing candle must be opposite in color to the engulfed ones (e.g., green engulfing red) 📈 Use Cases Spot strong reversal signals at tops and bottoms Confirm breakout momentum on trend continuation Use in confluence with other tools like volume or support/resistance 🚨 Alerts Alerts fire when a bullish or bearish engulfing pattern is detected, allowing for mobile, email, or webhook notifications. ✅ Notes This script is fully customizable and can be extended into a strategy or scanning tool. Feedback and suggestions are always welcome!
Penunjuk Pine Script®
oleh johnkhawaja
FVG# Fair Value Gap (FVG) Indicator ## Overview The Fair Value Gap (FVG) indicator is a technical analysis tool designed to identify potential areas of price imbalance in the market. These imbalances, known as "fair value gaps," represent discontinuities in price movement where supply and demand were significantly imbalanced, potentially creating zones that price may return to in the future. This indicator was developed by Michele Amori for TradingView and operates as an overlay on price charts. ## Core Concept Fair Value Gaps occur when price makes a significant move in one direction, leaving behind an area where no trading occurred. Specifically: - **Bullish FVG**: Forms when the low of the current candle is higher than the high of the candle two positions back, creating an upward gap in price movement. - **Bearish FVG**: Forms when the high of the current candle is lower than the low of the candle two positions back, creating a downward gap in price movement. These gaps represent potential "fair value" areas that price may revisit to establish equilibrium between buyers and sellers. ## Visual Representation The indicator displays FVGs in the following manner: 1. **Bullish FVGs**: - Represented by semi-transparent green boxes - Extend from the high of the candle two positions back to the low of the current candle - Include a dashed green center line representing the middle point of the gap 2. **Bearish FVGs**: - Represented by semi-transparent red boxes - Extend from the low of the candle two positions back to the high of the current candle - Include a dashed red center line representing the middle point of the gap All FVG boxes and their center lines are extended to the right of the chart, making them visible until they are filled or invalidated. ## Invalidation Logic The indicator automatically removes FVGs when they are considered filled or invalidated: - **Bullish FVGs**: Removed when the closing price falls below the bottom of the FVG box, indicating that the upward gap has been filled. - **Bearish FVGs**: Removed when the closing price rises above the top of the FVG box, indicating that the downward gap has been filled. This removal only occurs after a candle is confirmed (fully formed), ensuring that premature invalidation doesn't occur during candle formation. ## Technical Implementation The indicator uses arrays to store and manage the FVG boxes and their center lines. Key features of the implementation include: - Creation of new FVGs only after candle confirmation - Dynamic addition and removal of visual elements - Transparent coloring (75% transparency) for better chart visibility - Dashed center lines with less transparency (25%) to highlight the middle point of gaps
Penunjuk Pine Script®
oleh michele.amori
Mul EMA [TsixJnineY]The "Four EMA Indicator with Toggle" is a customizable technical analysis tool for TradingView that displays up to four Exponential Moving Averages (EMAs) on the chart. Users can adjust the period length for each EMA (default: 5, 10, 50, 200) and toggle their visibility via checkboxes. The indicator supports a selectable data source (default: close price) and offset for flexible chart alignment. Ideal for trend analysis and identifying trading signals through EMA crossovers, it offers a clean and user-friendly interface for traders.
Penunjuk Pine Script®
oleh TsixJnineY
KDJ IndicatorThe KDJ indicator is a technical analysis tool used to identify overbought and oversold conditions in the market, as well as potential trend reversals. It consists of three lines: the K line, D line, and J line. The K line is derived from the Exponential Moving Average (EMA) of the Relative Strength Value (RSV), which measures the closing price relative to the high and low over a user-defined period. The D line is the EMA of the K line, smoothing its movements. The J line, calculated as K + (K - D) × 2, amplifies the difference between K and D, making it more sensitive to price changes. Traders often use the KDJ indicator to spot divergences, crossovers, and extreme values (e.g., above 80 for overbought, below 20 for oversold) to make informed trading decisions. All parameters, including the RSV, K, and D periods, are customizable to suit different trading strategies.
Penunjuk Pine Script®
oleh TsixJnineY
Wyckoff Method Indicator v2.5# Wyckoff Method Indicator v2.5 A comprehensive technical analysis tool based on Richard Wyckoff's market methodology to identify market phases, support/resistance levels, and key Wyckoff events. ## Key Features: - **Market Phase Detection**: Automatically identifies Accumulation, Re-Accumulation, Markup, Distribution, Re-Distribution, and Markdown phases - **Wyckoff Event Recognition**: Detects key events including: • Accumulation: SC (Selling Climax), AR (Automatic Rally), ST (Secondary Test), Spring, LPS (Last Point of Support), SOS (Sign of Strength), BEC (Backup to Edge of Creek) • Distribution: BC (Buying Climax), AR (Automatic Reaction), ST (Secondary Test), UT (Upthrust), UTAD (Upthrust After Distribution), LPSY (Last Point of Supply), SOW (Sign of Weakness) - **Support/Resistance Visualization**: Highlights key zones with color-coded boxes - **Volume Analysis**: Identifies high-volume bars with color-coded markers - **Effort vs. Result Analysis**: Compares volume changes to price movements to detect divergences - **Price-Scaling EMAs**: Three smoothly-scaling moving averages that properly track with price movements - **Comprehensive Legend**: Easily understand all indicators with the built-in legend ## Customizable Settings: - Lookback periods - Volume thresholds - Range multipliers - Display options for various components - Legend positioning ## What's New in v2.5: - Improved EMA scaling with price action - Enhanced event detection logic - Dark mode-friendly color palette - Optimized visual elements for better chart clarity Perfect for swing traders and position traders following Wyckoff methodology. This indicator helps identify accumulation and distribution zones, potential breakouts, and market transitions. Disclaimer: This indicator is for informational purposes only and should not be considered financial advice. Always conduct your own analysis before making trading decisions.
Penunjuk Pine Script®
oleh thoth_capital
1
ALEX trader📈 MACD Indicator (Moving Average Convergence Divergence) 1. Function: MACD is a momentum and trend-following indicator that helps traders identify the direction, strength, and potential reversals of a price trend. 2. Key Components: MACD Line: The difference between the 12-period EMA and the 26-period EMA. Signal Line: A 9-period EMA of the MACD line. Histogram: The difference between the MACD line and the Signal line, displayed as vertical bars. 3. How It Works: When the MACD line crosses above the Signal line, it generates a bullish (buy) signal. When the MACD line crosses below the Signal line, it generates a bearish (sell) signal. When the histogram shifts from negative to positive, it suggests increasing bullish momentum, and vice versa. 4. Practical Use: Identify entry and exit points. Confirm trends and reversals. Combine with other tools like RSI, Moving Averages, or support/resistance levels for higher accuracy. 5. Pros & Cons: ✅ Pros: Easy to use, widely available, effective in trending markets. ❌ Cons: Can give late or false signals in sideways/ranging ma
Penunjuk Pine Script®
oleh Alexfx0963
Jedi Momentum & Reversal Scalp IndicatorQuick Breakdown: This scalping strategy was designed to take advantage of price movements throughout the regular trading session in NQ futures on the 1min chart. I developed this to help hunt for trend setups and reversals. This strategy or indicator is applicable to any high liquidity market, and works best on the 1min or 2min charts. 3min and 5min chart will give fewer signals. Markets are unpredictable and the NQ can be especially volatile. Recognizing that a market is in a state of chop or extreme volatility is important as a trader. This script will give false signals when the market is in a state of chop or extreme volatility. Avoid opens that do not have a clear directional move. Avoid low volume or slower periods of the regular trading session. Due to low volume and usually a tighter range, this script will most likely not work well during the overnight session. However, if patient, this indicator can help you find 1-3 A+ Setups during the RTH session. This indicator uses the 9, 20, and 50 simple moving averages. (custom SMA's) I take into consideration other indicators and key levels, then look for confluence with this strategy when hunting for setups. Long and Shorts are inverted for this strategy. Conditions and Considerations: - Setup Signal 1: 9 crosses 20. This is an early warning signal that momentum or sentiment in the market could be changing and starting to move in the direction of the cross. During consolidation or high volatility, Setup 1 will give false signals. A strong Setup Signal 1, usually happens after a period of consolidation. - Setup Signal 2: 9 crosses 50. This is the main signal that a long or short setup has begun. The background will change color to highlight a long or short setup and you will only see long Enter signals if the Setup is long. Setup 2 gives less false signals. - Entry Signal 1: 20 crosses 50. You won't be able to enter at the cross level, but if the momentum is healthy, then entering with the next candle could be a good entry level. However, sometimes price moves in the direction of the Setup before the cross, so you may want to enter just before if structure is favorable. Furthermore, you may want to have a stop that goes just outside of the 9/50 cross, since immediately pulling back to that level would not be healthy for the setup. **Note: Conditions for Entry Signals 2-4; are when price has pulled away from the moving averages and they are in order above or below price, then as price pulls back to the 9, 20, and 50 a long signal is created when the low of a candle gets close (custom buffers) to one of the moving averages. A short signal is created when the high of a candle gets close to one of the moving averages. - Entry Signal 2: Pullback to 9 (custom buffer). Early in a healthy setup the first pullback is usually the smallest and can happen quickly and also more than once. - Entry Signal 3: Pullback to 20 (custom buffer). Midway into or later in a setup price will pullback towards the 20. This is sometimes an early exhaustion sign. Pullbacks to the 20 are usually fewer than pullbacks to the 9. Sometimes the 9 and 20 begin to entwine before continuation. If this happens take note of the angle on the 50, if there is still a decent angle supporting the direction of the setup, then the setup is still valid. - Entry Signal 4: Pullback to 50 (custom buffer). This is sometimes an exhaustion signal and should be traded with caution and a tight stop. If the 50 is broken early in a Setup, then the momentum is not strong in the direction of the Setup, and you should avoid that trade. If later in the Setup the 50 is broken in a flush, but only by a few points, then wait and see if price rebounds in direction of Setup. If later in the Setup the 50 is broken by more than 25pts, then the Setup is not valid anymore. - Exit Signal: 9 cross the 50. When the 9 crosses the 50 in the opposite direction as the previous Setup, then that Setup is over. *Note: Context Matters! High volatility and chop can give false signals. Don’t trade every Setup. Market should make a clear opening drive and/or breakout of a key level or consolidation zone. Don’t try to use Entry signals in the middle of a consolidation zone, a day of high volatility, or during a news release (CPI, NFP, FOMC, etc.). Confluence with other indicators (like CDV candles pullback to CDV moving averages the same as price pullbacks to an Entry Signal, or RSI divergence after price made an exhaustion move off an Entry Signal, etc.) and key levels (like previous day’s OHLC, POC, VAH, VAL, etc.) Momentum: - 45* angle on moving averages can help identify strong momentum - RSI/MACD should be in confluent zones as Setup (if long RSI should be above zero) - Pullbacks always require patience=identify failure levels (15m/30m candle high/lows, OHLC, POC, VAH, VAL, etc.) - RSI hidden divergence=strong momentum - If strong momentum, then RSI divergence can give false signals Reversal: - Don’t try to fade strong momentum. Best to wait until Key Levels are reached. - 3+ “pushes” with RSI divergence=early reversal signal, but don’t enter before Signal 2 - If Initial Balance is extremely wide, take caution holding onto reversal Setups. Price could snap back as the market revisits key levels - Remember; a reversal is a pullback, but not all pullbacks are reversals Risk Management: - Depending on volatility, I trade with a 1:1 or 2:1 profit:loss bracket. My stops are usually set at 25pts - I always leave a runner at key levels or outside range - When main target is hit=all stops move to inside break even - Typically trail stops behind the 50 - Setups should move quickly=if price stalls and pulls away from break even, exit trade before full stop is hit ES 1min moving average settings: 16, 34, 75
Penunjuk Pine Script®
oleh dillonmcdermott
1