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Candlestick analysis

Momentum Commitment Delta (MCD)What it is M C D fuses five micro-structure clues into one 0-to-1 score that says, “how hard are traders actually leaning on this move?” 1. Body-Delta Momentum – average net candle body direction. 2. Volume Commitment – up-volume ÷ down-volume over the same window. 3. Wick Compression – shrinking upper/lower wicks = clean conviction. 4. Candle Sequencing – rewards orderly, staircase-style body growth. 5. Pin Ratio – where the close pins inside each candle’s range. The five factors are multiplied, then auto-normalized so extremes always land near 0 / 1 on any symbol or timeframe. I recommend tweaking the settings to fit your edge, the pre-loaded settings may not be suitable for most traders. The MCD works on all timeframes as well :) ⸻ How to read basic signals • Fresh cross above 0.70 → often the birth of a real breakout. • Cluster of > 0.70 bars → “commitment lock,” pull-backs usually shallow. • Price makes new high while M C D doesn’t → beware... • Cross back below 0.30 after a run → momentum is out of fuel. ⸻ Because M C D is multiplicative, it’s hard to hit the extremes—so when the bars light lime green, the print is usually telling the truth. I personally use the MCD to identify the peak of a high-conviction range, NOT a breakout. If a bar prints over 0.70 (green) and then a range forms off of the bar which exceeded 0.70, the breakout has a high chance to be explosive, regardless of what MCD reads at the breakout inflection point. Play around with it, im sure there are plenty of other patterns. Disclaimer: The Momentum Commitment Delta (MCD) indicator is provided strictly for educational and informational purposes. It does not constitute financial or investment advice, nor is it a recommendation to buy or sell any security. Trading involves substantial risk, and you should always perform your own due diligence and consult a qualified financial professional before making any trading decisions. Past performance is not indicative of future results.
Penunjuk Pine Script®
oleh MrSwingtrades
RSI Z‑Score + TableRSI Z-Score + Table This script calculates the Z-Score of the RSI (Relative Strength Index), which standardizes RSI based on its own recent history. What It Shows: RSI Z-Score = (Current RSI - Mean RSI) / Standard Deviation This tells you how extreme the current RSI is compared to its historical values. A table displays: Current RSI Rolling Mean RSI Z-Score How to Use: Z-Score > +2 = Statistically overbought Z-Score < -2 = Statistically oversold Use it to time reversals or overextension in RSI behavior. 🔒 Based on rolling lookback window — fully customizable. Author: Tags: #RSI #ZScore #Momentum #StatisticalEdge #MeanReversion #Crypto
Penunjuk Pine Script®
oleh kevin_zijlstra
Intra Bullish Strategy - Profit Ping v4.0ProfitPing 4.0 is a high-precision intraday swing trading strategy designed for global equity markets, including the US, South Africa, and Australia. The system identifies high-probability BUY and EXIT signals using a confluence of technical indicators and real-time volume dynamics. 🧠 Key Features: Dual EMA Crossover (7 & 14) for short-term trend confirmation Volume Spike Detection based on 20-period moving average RSI Momentum Filter (ideal zone: 55–65) to avoid overbought entries MACD Histogram & Signal Line Sync for trend momentum validation Candlestick Pattern Filtering (e.g. bullish engulfing, flags, breakout candles) Multi-Timeframe Confirmation (optional) for intraday trend alignment Dynamic Risk-to-Reward Logic built into alert framework Webhook-compatible JSON alerts for automation to Google Sheets, Power BI, and IBKR 🛠️ Alert System: BUY alert triggers when all bullish conditions align EXIT alert triggers only if a previous BUY exists for that ticker Trade status is updated live in Google Sheets and integrated with Power BI dashboards Orphaned EXITs (no matched BUY) are tracked separately for accuracy review 🔄 Ideal For: Traders seeking 1:2 to 1:5 risk/reward setups Automation-focused workflows (via TradingView → Google Sheets → Power BI) Swing traders wanting clean visual logs, automated P&L tracking, and optional IBKR execution
Strategi Pine Script®
oleh mill6soon
Volume Peak BoxTH Description Volume Peak Box อินดิเคเตอร์นี้ใช้ตรวจจับช่วงที่มี Volume สูงผิดปกติ โดยใช้ Bollinger Band กับข้อมูล Volume ที่ดึงจาก Timeframe ที่ล็อกไว้ (เช่น 1 ชั่วโมง) และจะแสดงผลในรูปแบบ กล่องครอบช่วงราคาสูง–ต่ำ ของช่วง Volume Peak นั้น 🔧 วิธีทำงาน: คำนวณ Bollinger Band จาก Volume ของ Timeframe ที่กำหนด ถ้า Volume สูงกว่า Upper Band → ถือว่าเป็น Volume Peak วาดกล่องครอบ High–Low ของแท่งที่อยู่ในช่วง Volume Peak กล่องจะแสดงบนทุก Timeframe แต่ใช้ข้อมูลจาก Timeframe ที่ล็อกไว้เท่านั้น 🧠 เหมาะสำหรับการดู: โซน Breakout การเคลื่อนไหวของสถาบัน ความไม่สมดุลของอุปสงค์/อุปทาน เหมาะมากหากใช้ร่วมกับการอ่านพฤติกรรมราคาใน Timeframe ย่อย เพื่อดูปฏิกิริยาราคาต่อแรง Volume จาก Timeframe ใหญ่ ________________ ENG Description Volume Peak Box This indicator detects volume spikes based on Bollinger Bands applied to volume from a locked timeframe (e.g. 1H), and draws a box around the price range during those peak periods. 🔧 How it works: Calculates Bollinger Bands on volume from the selected timeframe. If volume exceeds the upper band, it is marked as a volume peak. When a volume peak starts and ends, the indicator draws a box covering the high–low price range during that period. These boxes remain visible on all timeframes, but always reflect data from the locked timeframe. 🧠 Great for identifying: Breakout zones Institutional activity Supply/demand imbalances Tip: Use with lower timeframe price action to see how the market reacts near volume peaks from higher timeframes.
Penunjuk Pine Script®
oleh August_Supertrader
2
ATR Plots + OverlayATR Plots + Overlay This tool calculates and displays Average True Range (ATR)-based levels on your chart for any selected timeframe, giving traders a quick visual reference for expected price movement relative to the most recent bar’s open price. It plots guide levels above and below that open and shows how much of the typical ATR-based range has already been covered—all in one interactive table and on-chart overlay. What It Does ATR Calculation: Uses true range data over a user-defined period (default 14), smoothed via RMA, SMA, EMA, or WMA, on the selected timeframe (e.g., 1h, 4h, daily) to calculate the ATR value. Projected Levels: Plots four reference levels relative to the open price of the most recent bar on the chosen timeframe: +100% ATR: Open + ATR +50% ATR: Open + 50% of ATR −50% ATR: Open − 50% of ATR −100% ATR: Open − ATR Coverage %: Tracks high and low prices for the current session on the selected timeframe and calculates what percentage of the ATR has already been covered: Coverage % = (High − Low) ÷ ATR × 100 Interactive Table: Shows the ATR value and current coverage percentage in a customizable table overlay. Position, color scheme, borders, transparency, and an optional empty top row are all adjustable via settings. Customization Options Table Settings: Position the table (top/bottom × left/right). Customize background color, text color, border color, and thickness. Optionally add an empty top row for spacing. Line Settings: Choose color, line style (solid/dotted/dashed), and width. Lines automatically update with each new bar on the selected timeframe, anchored to that bar’s open price. General Inputs: ATR length (number of bars). Smoothing method (RMA, SMA, EMA, WMA). Timeframe selection for ATR calculations (e.g., 15m, 1h, Daily). How to Use It for Trading Measure Volatility: Quickly gauge the expected price movement based on ATR for any timeframe. Identify Overextension: Use the coverage % to see how much of the expected ATR range is already consumed. Plan Entries & Exits: Align trade targets and stops with ATR levels for more objective planning. Visual Reference: Horizontal guide lines and table update automatically as new bars form, keeping information clear and actionable. Ideal For Intraday traders using ATR levels to frame trades. Swing traders wanting ATR-based reference points for larger timeframes. Anyone seeking a volatility-based framework for planning stops, targets, or identifying overextended conditions.
Penunjuk Pine Script®
oleh abbadon9
EMA Trend Confirmation with Alerts此脚本是基于EMA 200周期 50周期 20周期加以合并并进行改进的一个脚本指标，主要作用是用于观察趋势走向，其中有上升下降和震荡趋势，经过多数测试，此指标适用于短线交易，推荐周期为20或15，大周期和长线交易详见RSI+EMA结合指标 This script is an improved script indicator based on the EMA 200 period, 50 period, and 20 period. Its main function is to observe the trend direction, including up, down, and oscillating trends. After many tests, this indicator is suitable for short-term trading, and the recommended period is 20 or 15. For large-cycle and long-term trading, please refer to the RSI+EMA combination indicator.
Penunjuk Pine Script®
oleh ZhiYujiang
ALPHA 999This indicator is designed to provide traders with clear and reliable signals by combining essential technical tools into one simplified framework. Whether you’re trading crypto, stocks, or forex, this tool helps identify potential entry and exit points using . It is well-suited for both intraday and swing traders, offering customizable inputs, multi-timeframe compatibility, and real-time alerts. The indicator displays intuitive visual cues directly on the chart, making it easy to interpret market conditions and respond quickly. Ideal for traders who prefer clean charts with actionable signals, this tool enhances decision-making without overwhelming complexity. While powerful on its own, it can be paired with other indicators for greater confirmation and accuracy. Please note: this indicator is for educational purposes only and should be used with proper risk management and backtesting before applying to live trades.
Penunjuk Pine Script®
oleh JAY_1403
Buy/Sell Signal - Advanced v2The Buy/Sell Signal – Advanced v2 indicator is a powerful tool designed for traders who seek more reliable and filtered entries. This indicator combines classic technical analysis with modern enhancements to reduce noise and false signals. It generates Buy signals when a bullish candle closes above the 14-period Simple Moving Average (SMA), the RSI is below the oversold threshold (default: 30), and trading volume is higher than the 20-period average—indicating strong momentum and potential reversal from a discounted price zone. Conversely, a Sell signal appears when a bearish candle closes below the SMA, RSI is above the overbought level (default: 70), and volume exceeds its average—signaling potential weakness after a price rally. In addition to entry signals, the indicator automatically plots dynamic support and resistance levels using pivot highs and lows. These levels help traders identify key zones for confirmation, breakout, or rejection. The SMA provides trend direction context, while the volume and RSI filters act as safeguards to avoid trading in low-quality conditions. Ideal for scalpers and intraday traders on 5-minute to 1-hour timeframes, this indicator helps capture trend continuations and early reversals with confidence. For best results, use the signals in conjunction with multi-timeframe analysis and price action confirmation. This tool is especially effective on assets like XAUUSD, forex pairs, and indices.
Penunjuk Pine Script®
oleh reeagsy
Candle Size Calculator# Candle Size Calculator **A powerful position sizing tool that calculates optimal position sizes based on risk management and stop loss levels from historical candles.** ## 🎯 What it does This indicator helps traders determine the exact position size for their trades by calculating the risk-to-reward ratio between the current price and stop loss levels from previous candles. Perfect for consistent risk management across all your trades. ## 📊 Key Features - **Smart Position Sizing**: Automatically calculates position size based on your risk amount and distance to stop loss - **Multiple Candle Analysis**: Analyze up to 20 previous candles to find optimal stop loss levels - **Direction Support**: Works for both Long and Short positions - **Clean Table Display**: Shows all calculations in an easy-to-read table format ## ⚙️ Settings - **Number of Candles**: Choose how many previous candles to analyze (1-20) - **Risk Amount**: Set your maximum risk per trade in dollars - **Direction**: Select Long or Short trading direction - **Table Position**: Choose from 6 different table positions (top/bottom + left/center/right) - **Font Size**: Select from 5 font sizes (tiny to huge) ## 🎨 Visual Design - Modern dark theme that matches TradingView's interface - Color-coded text: Green for Long positions, Red for Short positions - Clean, borderless design for minimal chart clutter - Customizable positioning to fit your chart layout ## 📈 How it works 1. **Entry Price**: Always uses the current market price 2. **Stop Loss**: - For Long positions: Uses the low of selected candles - For Short positions: Uses the high of selected candles 3. **Position Size**: Calculated as Risk Amount ÷ |Current Price - Stop Price| ## 💡 Use Cases - **Risk Management**: Maintain consistent risk across all trades - **Position Sizing**: Never risk more than your predetermined amount - **Stop Loss Planning**: Identify optimal stop loss levels from recent price action - **Quick Analysis**: Instantly see position sizes for multiple stop loss scenarios ## 🚀 Perfect for - Day traders who need quick position size calculations - Swing traders planning entries with historical support/resistance - Anyone practicing proper risk management - Traders who want to automate position sizing calculations --- *Clean, efficient, and essential for serious traders who prioritize risk management.*
Penunjuk Pine Script®
oleh ValeriiHes
Previous RTH Levels (RTH Only)Previous RTH Levels on current session (RTH Only) This indicator calculates key volume profile levels from the previous Regular Trading Hours (RTH) session and projects them onto the current RTH session. It is designed to provide traders with significant historical price levels—Point of Control (POC), Value Area High (VAH), and Value Area Low (VAL)—to use as potential support, resistance, and pivot points for intraday trading. Instead of just plotting lines, this script highlights the entire Value Area (VA) between the VAH and VAL, offering a clear visual reference for the prior day's zone of price agreement.
Penunjuk Pine Script®
oleh Abydnave
NativeLenSA CISD w/1st 5m FVG5m CISD + FVG Indicator which works best on 5m TimeFrame, with the concept of 5m Liquidity sweeps of the previous highs/lows and the next candle closing below/above the opening price of candle that swept the highs/lows. A line marking +CISD or -CISD will show as soon as the CISD is created, and a first 5m Fair Value Gap will also be displayed. This is advantageous for an extra confluence and re-entry. The indicator also provides the trader with: i. The flexibility of allowing to only show Bearish, Bullish or both Bearish and Bullish CISD + FVG, ii. Showing only London Session, New York Session, or both London and New York Sessions' CISD & FVG, iii. Option of hiding/showing 5m CISD+FVG on time frames greater than 5m, iv. Adjustable: (a) Look back bars (max=300), (b) CISD line length, (c) FVG line length, v. Customizable Bearish and Bullish CISD line colors. I hope you find value in this indicator, and convenient for time when trading, no CISD markups needed
Penunjuk Pine Script®
oleh NativeLenSA
1