Candlestick analysis
Two-Candle Highs & LowsSimple indicator which highlights highs and lows as two-candle reversal patterns:
1. High pattern : A bullish candle followed by a bearish candle, marking the highest price of the two.
2. Low pattern : A bearish candle followed by a bullish candle, marking the lowest price of the two.
It draws horizontal lines at the high/low levels, making it useful for price action analysis such as identifying potential reversals or support/resistance zones.
1-3-1 Detector with LevelsTHIS IS NOT A INDICATOR, THIS SCRIPT IS MADE PURELY FOR ALERTS. YOU WILL NOT SEE ANYTHING ON YOUR CHART. YOU WILL ADD IT TO YOUR CHART AND GET A BLACK BOX UNDER YOUR CHART BUT YOU CAN JUST HIDE IT. YOU WILL ONLY USE THE SCRIPT ON ALERTS TO DETECT 1-3-1 SETUPS ON THE 12 HR TIME FRAME. IF YOU DO NOT KNOW WHAT THE 1-3-1 SETUP IS THEN DO NOT USE THE SCRIPT. INSTRUCTIONS BELOW SHOW YOU HOW TO SETUP THE ALERT USING THIS SCRIPT. ONCE AGAIN THIS SCRIPT IS PURELY JUST AN ALERT SCRIPT FOR 1-3-1 SETUPS THAT TRIGGER EVERY TRADING DAY WHEN AFTER MARKET CLOSES. MESSAGE ME FOR ANY QUESTIONS. THIS WARNING IS MADE FOR TRADINGVIEW SO THEY DO NOT HIDE MY SCRIPT AND BAN ME FOR WHATEVER REASON.
When you apply this script to your chart you must do the following to get alerts.
1. Apply to chart
2. Make sure you are on the 12HR time frame on the stock you want to detect the setup
3. Go to alerts and make a new alert with this script and the specific stock. (it will not work with watchlist because the watchlist feature is bugged, so it has to be a specific stock)
4. On the alert UI make sure you click
Condition - 1-3-1 Levels
(under that you will click 1-3-1 setup alert)
Trigger - Once per bar close
Expiration - open ended
5. Make sure not to touch anything else, the code will automatically detect the stock its tracking.
6. Change notifications to what you prefer.
7. Enjoy, at 8pm EST if there is a valid 1 in a 1-3-1 setup it will notify you and give you the levels you need to chart.
Chande Trend Meter OscillatorThis is an implementation of the Chande Trend Meter that I developed using ChatGPT. It is free for you to use.
The Chande Trend Meter (CTM) is a technical analysis indicator developed by Tushar Chande to assess the strength and direction of a security's trend. By consolidating various technical indicators across multiple timeframes into a single numerical score ranging from 0 to 100, the CTM simplifies trend evaluation.
CHARTSCHOOL.STOCKCHARTS.COM
Calculation Components:
The CTM incorporates several technical measures:
Bollinger Bands Positions: Evaluates the relative positions of the high, low, and close prices within Bollinger Bands over four distinct periods: 20-day, 50-day, 75-day, and 100-day.
Price Change Relative to Standard Deviation: Assesses price movements in relation to the standard deviation over the past 100 days.
14-day Relative Strength Index (RSI): Measures the speed and change of price movements to identify overbought or oversold conditions.
Short-term Price Channel Breakouts: Identifies any breakouts from short-term (2-day) price channels.
These components are combined and scaled to produce the CTM score.
CHARTSCHOOL.STOCKCHARTS.COM
Interpreting CTM Scores:
The CTM score indicates the strength of a security's trend:
90-100: Very strong uptrend
80-90: Strong uptrend
60-80: Weak uptrend
20-60: Flat or weak downtrend
0-20: Very strong downtrend
Traders often seek securities with CTM scores above 80, indicating robust upward momentum.
Advantages of the CTM:
One notable benefit of the CTM is its absolute scoring system, allowing for direct comparison across different securities without adjustments. This feature enables traders to evaluate and rank various assets uniformly, facilitating more informed decision-making.
By providing a consolidated view of multiple technical indicators, the CTM offers traders a streamlined tool to assess trend strength, aiding in the identification of potential trading opportunities.
6 Red Candles Alert//@version=5
indicator("6 Red Candles Alert", overlay=true)
// लाल कॅंडलची व्याख्या (Close < Open)
isRed = close < open
// सलग 6 लाल कॅंडल तपासा
redCount = ta.barssince(not isRed)
condition = redCount >= 6
// अलर्ट सेटअप
alertcondition(condition, title="6 Red Candles Alert", message="6 consecutive red candles detected!")
// चार्टवर सिग्नल दाखवा
plotshape(condition, location=location.abovebar, color=color.red, style=shape.labeldown, title="6 Red Candles")
6 Consecutive Red Candles//@version=6
indicator("6 Consecutive Red Candles", overlay=true)
// Function to identify a red candle (close < open)
isRedCandle(close, open) =>
close < open
// Check if there are 6 consecutive red candles
consecutiveRedCandles = isRedCandle(close, open) and isRedCandle(close , open ) and isRedCandle(close , open ) and isRedCandle(close , open ) and isRedCandle(close , open ) and isRedCandle(close , open )
// Plotting a shape to indicate when the condition is met
plotshape(series=consecutiveRedCandles, style=shape.labelup, location=location.belowbar, color=color.red, size=size.small, text="6 Reds")
// Optionally, color the bars red if there are 6 consecutive red candles
barcolor(consecutiveRedCandles ? color.red : na)
AIOSEMA
keltner
ichimoku cloud
watson envelope
i recommend building the strategy around 100 and 200 ema lines on higher time frames (1-12h)
keltner channel is really strong on 12h timeframe for top/bottom rejections, but can be used to see trend (sticking to the bottom for downtrend and denying middle > bearish and vice versa)
ichimoku cloud can be used for determining general sentiment on HTF like 12h-1w, 30/27min to 12h for rejection points
watson envelope is mostly just entry tool but i have been on&off using it as it seems misleading at times, use only with confluence
Ultimate Scalping Strategy - Enhanced VisualsUltra-Clean Scalping Strategy + Enhanced RSI Box
This is a high-performance scalping strategy designed for 1-minute to 5-minute charts, with a focus on maximizing profitability and reducing false signals. It combines a series of advanced technical indicators to provide clean, actionable buy and sell signals for quick and efficient trading.
Key Features:
EMA Setup (Fast, Medium, Slow): Utilizes multiple EMAs to track the trend and identify optimal entry points.
RSI (Relative Strength Index): Includes an enhanced RSI box that visually displays the current RSI, with color-coding indicating overbought or oversold conditions.
MACD (Moving Average Convergence Divergence): Integrates the MACD for additional trend confirmation and helps filter out weaker signals.
Volume Filter: Filters trades based on volume spikes, ensuring that trades are supported by increased market activity.
Clean and Simple UI: The strategy provides clear buy and sell signals, along with a floating RSI box for quick reference.
Optimized for Scalping: Perfect for quick, short-term trades, maximizing profits while minimizing false signals.
Trade Logic:
Long Signal (Buy): Generated when the fast EMA crosses above the medium EMA, the price is above the slow EMA, RSI is under the overbought level, MACD is bullish, and volume spikes.
Short Signal (Sell): Generated when the fast EMA crosses below the medium EMA, the price is below the slow EMA, RSI is above the oversold level, MACD is bearish, and volume spikes.
Alerts: Set alerts for both buy and sell conditions to never miss a high-probability trade.
Trendline with Buy/Sell SignalsTry This And Make Some Cash Remember to USe RSI Sell Above 80 and Buy Below 20
Momentum Candle Identifier # Momentum Candle Identifier
This indicator helps traders identify significant momentum candles by analyzing candle body size relative to recent price action (think after consolidation periods). Unlike traditional volatility indicators, this tool specifically focuses on price movement captured by the candle body (open to close distance), filtering out potentially misleading wicks.
## How It Works
- The indicator calculates the average candle body size over a user-defined lookback period
- Momentum candles are identified when their body size exceeds the average by a customizable threshold multiplier
- Bullish momentum candles (close > open) are highlighted in a user defined color
- Bearish momentum candles (close < open) are highlighted in a user defined color
- A real-time information panel displays key metrics including current average body size and threshold values
## Key Features
- Focus on candle body size rather than full range (high to low)
- Custom lookback period to adapt to different timeframes
- Adjustable threshold multiplier to fine-tune sensitivity
- Customizable colors for bullish and bearish momentum candles
- Optional labels for momentum candles
- Information panel showing lookback settings, average size, and momentum candle count
## Usage Tips
- Use shorter lookback periods (3-5) for more signals in choppy markets
- Use longer lookback periods (8-20) to identify only the most significant momentum moves
- Higher threshold multipliers (2.0+) will identify only the strongest momentum candles
- Combine with trend indicators to find potential reversal or continuation signals
- Look for clusters of momentum candles to identify strong shifts in market sentiment
This indicator helps identify candles that represent significant price movement relative to recent activity, potentially signaling changes in market momentum, sentiment shifts, or the beginning of new trends.
Multi-Timeframe RSI Strategy
Dưới đây là code cho bản tradingvie ngôn ngữ lập trình Pine Script V5:
Gọi:
A-Các đặt về khung thời gian :
1/Khung thời gian đang được chọn , đang chạy là : Timeframe 0 = TF0
2/Khung thời gian sẽ được cấu hình mặc đình là khung 5 phút (khung này có thể được cấu hình thay đổi ) là : Timeframe 1 = TF1
3/Khung thời gian sẽ được cấu hình mặc đình là khung 15 phút (khung này có thể được cấu hình thay đổi ) là : Timeframe 2 = TF2
B-Các thông số được tính toán là:
1/ thông số của khung TF0: RSI14, EMA9 (của RSI14 của khung thời gian TF0) , WMA45 (của RSI14 của khung thời gian TF0)
2/ thông số của khung TF1: RSI14, EMA9 (của RSI14 của khung thời gian TF1), WMA45 (của RSI14 của khung thời gian TF1)
3/ thông số của khung TF1: RSI14, EMA9 (của RSI14 của khung thời gian TF2), WMA45 (của RSI14 của khung thời gian TF2)
EURUSD Liquidity StrategyScripts de estrategia avanzada sobre EURUSD que maneja como base la toma de liquidez y luego una serie de confluencias para la entrada en 5min
BeSight Mega SpotBeSight Mega Spot เป็นอินดิเคเตอร์สำหรับเทรดทองคำ PEPPERSTONE:XAUUSD ที่ช่วยให้คุณสามารถมองเห็นแนวรับและแนวต้านที่สำคัญตามโซนราคาที่ลงท้ายด้วย 0 และ 5 ซึ่งเป็นระดับที่มีนัยสำคัญในตลาด โดยอินดิเคเตอร์นี้จะช่วยให้คุณสามารถ วิเคราะห์พฤติกรรมของราคา และ เข้าซื้อ-ขายได้อย่างแม่นยำมากขึ้น พัฒนาโดยทีมงาน BeSight
BeSight Mega Spot is an indicator for PEPPERSTONE:XAUUSD that helps you identify key support and resistance levels based on price zones ending in 0 and 5, which are significant levels in the market. This indicator enhances your ability to analyze price behavior and execute trades with greater accuracy. Developed by the BeSight team, it provides traders with a powerful tool to improve their decision-making and market precision.
DailyHighs&Lows//@version=6
indicator(title="DailyHighs&Lows", shorttitle="DailyLevels", overlay=true)
var float previousHigh = na
var float previousLow = na
var float currentHigh = na
var float currentLow = na
if (dayofmonth != dayofmonth )
previousHigh := currentHigh
previousLow := currentLow
currentHigh := high
currentLow := low
else
currentHigh := math.max(currentHigh, high)
currentLow := math.min(currentLow, low)
plot(previousHigh, color=color.red, linewidth=2, title="Massimo Giornaliero Precedente")
plot(previousLow, color=color.green, linewidth=2, title="Minimo Giornaliero Precedente")
plot(currentHigh, color=color.blue, linewidth=2, title="Massimo Giornaliero Corrente")
plot(currentLow, color=color.orange, linewidth=2, title="Minimo Giornaliero Corrente")
Mushir's Inside Candle IndicatorThis indicator detects inside candle formations on the chart’s current timeframe. It highlights when a candle’s range is fully engulfed by the previous candle’s range, provided the previous candle meets specific criteria.
How It Works ?
It shows the formation of inside candle on the charts to help in find trades.
Mother Candle Validation
The previous candle must be a “leg candle” with a strong body and minimal wicks relative to its body size, ensuring a robust structure.
Inside Candle Detection
The current candle qualifies as an inside candle if:
Its high is ≤ the previous candle’s high.
Its low is ≥ the previous candle’s low.
Why Use This Indicator?
Adapts to the chart’s current timeframe—no manual adjustments needed.
Easily gives you the identification of inside candles
Minimalistic Design
Better results in trending market
How to use it?
- when the inside candle is formed there are certain conditions:
1. if the next candle first crosses the high of inside candle, look for a potential buy trade with RR as 2:1 while stoploss being just below the low of inside candle.
2. if the next candle first crosses the low of inside candle, look for a potential sell trade with RR as 2:1 while stoploss being just above the high of inside candle.
3. if 2:1 is achieved, then increase the partial target to 3:1 while bringing the stoploss to the entry point.
4. if the high is crossed first and then the low is crossed or vice versa then the trade is invalidated.
Happy Trading!
IPDA Logic sessions🔹What Does This Indicator Do?
This indicator helps traders visualize trading sessions (Asia, Frankfurt, London, New York) and analyze key price levels, including:
✅ Previous Day’s High/Low (PDH/PDL) – for liquidity tracking
✅ New York Midnight (NYM) & True Daily Open (TDO) – essential for IPDA Logic
✅ Fractals (local highs and lows) – helps identify reversal points
This is a powerful tool for scalpers, intraday traders, and swing traders who need to track price movements within different trading sessions and monitor liquidity zones.
🔹 Key Features of the Indicator
✅ Trading Sessions Visualization
Highlights Asia, Frankfurt, London, and New York sessions with different colors
Allows traders to enable/disable each session individually
Customizable time zones for personalized trading styles
✅ Key Price Levels
PDH/PDL (Previous High/Low) – helps determine major liquidity zones
Daily Open (DO) – a crucial price level for market structure
New York Midnight (NYM) – used in professional IPDA Logic analysis
✅ Fractals for Market Structure
Displays local swing highs and lows
Option to choose between 3-candle and 5-candle fractals for more precise analysis
Helps traders spot potential reversal zones
🔹 What Makes This Indicator Unique?
🔥 Combines Trading Sessions & Fractals – Most TradingView indicators show either sessions or fractals, but not both in a structured way.
🔥 Flexible Customization – Traders can adjust timeframes, colors, and styles to fit their needs.
🔥 Historical Session Analysis – Review past sessions to identify liquidity pools and price movements.
🔥 Works for Different Trading Styles – Scalpers & swing traders can both benefit from this tool.
📌 How to Use It?
✔ Add the indicator to your chart
✔ Select the sessions, key levels, and fractals you want to display
✔ Use these levels to analyze liquidity, reversals, and market trends
This indicator is designed for those who want a clear visualization of sessions and a better understanding of liquidity behavior. 🚀📊
Fshariar_Enhanced Pattern Indicator with RSIThe Fshariar Enhanced Pattern Indicator with RSI is a versatile tool designed to identify key candlestick patterns combined with RSI-based filters and optional trend filtering using moving averages. This indicator is ideal for traders looking to enhance their technical analysis and improve signal accuracy.
Features:
Candlestick Pattern Detection:
Supports multiple candlestick patterns:
Bullish/Bearish Engulfing
Morning Star/Evening Star
Piercing/Dark Cloud Cover
Bullish Hammer
Bearish Shooting Star
Each pattern can be toggled on or off based on your trading preferences.
RSI-Based Filtering:
Includes an RSI filter to improve the reliability of signals:
Buy signals are validated when RSI is in oversold territory.
Sell signals are validated when RSI is in overbought territory.
Customizable settings for RSI length, overbought, and oversold levels.
Optional Trend Filter:
Integrates a moving average (SMA or EMA) as a trend filter:
Buy signals are only generated when the price is above the moving average.
Sell signals are only generated when the price is below the moving average.
Fully customizable moving average type and length.
Signal Alerts:
Built-in alerts for Buy and Sell signals to notify you in real-time.
Visual Output:
Buy signals are displayed as green triangles below candles.
Sell signals are displayed as red triangles above candles.
Optional moving average is plotted on the chart for trend filtering.
How It Works:
The indicator scans for specific candlestick patterns based on price action.
Signals are filtered using RSI conditions to ensure they align with momentum shifts.
If enabled, a trend filter ensures that signals align with the broader market direction.
Example Use Case:
Enable your desired candlestick patterns (e.g., Engulfing, Morning Star).
Configure RSI settings (e.g., length = 14, overbought = 70, oversold = 30).
Optionally enable the trend filter (e.g., SMA with a length of 50).
Add the indicator to your chart and monitor Buy/Sell signals along with alerts.
Inputs & Customization Options:
RSI Settings:
Source: Default = Close
Length: Default = 14
Overbought Level: Default = 70
Oversold Level: Default = 30
Pattern Toggles:
Enable/Disable specific candlestick patterns based on your strategy.
Trend Filter Settings:
Moving Average Type: SMA or EMA
Moving Average Length: Default = 50
Alerts:
Alerts for Buy and Sell signals can be activated through TradingView's alert system.
Why Use This Indicator?
The Fshariar Enhanced Pattern Indicator with RSI combines price action analysis with momentum and trend filtering to provide high-quality trading signals. It simplifies decision-making by visually highlighting key opportunities while reducing noise from false signals.
Important Notes:
The indicator is designed for educational purposes and should be used as part of a broader trading strategy.
Always backtest and validate the indicator's performance before applying it to live trading.
This script does not guarantee profitability; it is intended to assist in technical analysis.
FShariar
Time-Frame Box GroupingPretty cool indicator, basically it let you custom group candles together base on user setting, for example if you are in a 30 second chart and you choose to group candle together base on 5 minute setting, then it will group 10 candles together,
you can do just boxes or dynamic box which his base on the up and down just like a real candle.
this helps you to keep track of higher time frame performance base on a visual without the need to constaly switch time frames.
