Mulakan

Cari dalam skrip untuk "bar"

EB/TB V24: Fixed Risk Trend-Following (Elephant Bar / Trend Bar)This is an advanced trend-following strategy built around the Elephant Bar (EB) and Trend Bar (TB) candle patterns. It uses a fixed dollar risk per trade to automatically size positions and employs a sophisticated exit management system, including partial profit taking, a dynamic Trailing Stop Loss (SL), and a 180° immediate reversal mechanism. Detailed Description This strategy is designed for active trend capture and robust risk management: Fixed Risk Position Sizing: Automatically calculates trade quantity based on a defined maximum dollar risk (mlpt_max_risk) and the initial Stop Loss placement. Trend Identification: Entries are triggered by confirmed Elephant Bars (strong momentum candles) or Trend Bars, filtered by two short-term MAs (MA #1, MA #2) and a long-term MA (MA #3 / MA200) for context. Dual Exit Management: Partial Take Profit (50%): Half the position is closed at a fixed profit target (tp_fixed_pct). Dynamic Trailing SL (50%): The remaining 50% is protected by a Trailing SL that adjusts based on the low/high of subsequent valid EB/TB signals, maximizing trend ride duration. Emergency Exits: SAma Exit: Uses the crossing of the price below/above the MA #1 (short period) as a dynamic exit criterion. 180° Reversal: Features an immediate close (Cap8) and reverse (180) entry when a strong, unfiltered opposite raw EB signal appears. Note: This published version only displays the Moving Averages, the entry signals, and the Take Profit lines for a clean chart view.
Strategi Pine Script®
oleh manueldelcura1
Physics Visualizer [RSI + Vol] bars ( educational Purpose only )This code is a TradingView Pine Script (Version 6) for a custom indicator named "Physics Visualizer ". Here is a breakdown of what it does: 1. What It Is: It is a visual tool designed to show you the relationship between Price Momentum (RSI) and Volume (Fuel) in a single, easy-to-read panel. It tries to answer the question: "Is this price move supported by real volume, or is it fake?" 2. How It Works (The "Physics"): It calculates the "Slope" (direction) of both the RSI and Volume over a short period (3 bars). Explosion (Lime Green): RSI is going UP + Volume is going UP. This is a strong, healthy move. Fakeout (Orange): RSI is going UP (Price rising) + Volume is going DOWN. This warns of a weak move that might reverse. Churn (Maroon): RSI is going DOWN (Price falling) + Volume is going UP. This suggests heavy selling or absorption (fighting). 3. Visuals: It draws a "Bar in Bar" chart: Background (Gray Bar): Represents the Volume (scaled 0-100). Wide and transparent. Foreground (Colored Stick): Represents the RSI (Momentum). Thin and colored based on the "Physics State" (Green/Orange/Maroon). Can we use it as a confirmation? Yes. This is an excellent confirmation tool. Rule: Only take a Buy signal from your main strategy if this indicator shows a Lime Green (Explosion) bar,
Penunjuk Pine Script®
oleh Ramegy_1
Inside Bar + Harami ComboThis indicator visually highlights Inside Bars, Outside Bars, and Harami candlestick patterns directly on your chart using clean color-coded candles — no labels, no shapes, just visual clarity. It helps traders quickly identify potential reversal and continuation setups by coloring candles according to the detected pattern type. 🔍 Patterns Detected 🟨 Inside Bar — Current candle’s range is completely inside the previous candle’s range. Often signals price contraction before a breakout. 💗 Outside Bar — Current candle’s high and low exceed the previous candle’s range. Indicates volatility expansion and possible trend continuation. 🟩 Bullish Harami — A small bullish candle within the body of a prior bearish candle. Suggests potential reversal to the upside. 🟥 Bearish Harami — A small bearish candle within the body of a prior bullish candle. Suggests potential reversal to the downside. ⚙️ Features Customizable colors for each pattern type. Simple overlay visualization — no shapes, no labels, just colored candles. Harami colors automatically override Inside/Outside colors when both occur on the same bar. Lightweight logic for smooth performance on any timeframe or symbol. 💡 How to Use Apply the indicator to your chart. Configure colors in the settings panel if desired. Watch for highlighted candles: Inside Bars often precede breakouts. Harami patterns can mark reversal zones. Combine with trend tools (like moving averages) to confirm setups. ⚠️ Note This indicator is for visual pattern detection and educational use only. Always combine candlestick signals with broader technical or market context before trading decisions.
Penunjuk Pine Script®
oleh Latibonit15
Top-CM_EMA Trend Bars with Alerts and Arrows (03102025) v01🟢 Top-CM_EMA Trend Bars with Alerts and Arrows (03102025) v01 🔎 Indicator Overview: Top-CM_EMA Trend Bars is a technical analysis tool that utilizes an Exponential Moving Average (EMA) to help traders visually identify market trends. It automatically colors the candles based on trend direction and provides real-time alerts and arrows when a potential trend reversal occurs. ⚙️ Key Features: ✅ 1. EMA-Based Trend Detection Uses a user-defined EMA (default: 34 periods). If the average price of a candle (hlc3) is above the EMA → trend is considered uptrend (bullish). If the price is below the EMA → trend is considered downtrend (bearish). ✅ 2. Color-Coded Trend Bars Candles are automatically colored to reflect the current trend: 🟩 Green (lime): Uptrend 🟥 Red: Downtrend Helps traders quickly understand the market direction without manual analysis. ✅ 3. Optional EMA Line Display Users can choose to show or hide the EMA line with a simple toggle (Show EMA Trend is Based On?). ✅ 4. Real-Time Buy/Sell Alerts Alerts are triggered when the trend changes: Transition from bearish to bullish → Buy Signal Transition from bullish to bearish → Sell Signal Compatible with TradingView’s alert system for automated notifications. ✅ 5. Directional Arrows on Chart Displays visual markers: 🔼 Up Arrow (green) below the bar on a Buy Signal 🔽 Down Arrow (red) above the bar on a Sell Signal Makes it easier to spot trend reversal points directly on the chart. 🧠 Who Is This For? Technical traders looking for quick visual confirmation of trend direction. Users who want to automate signal detection and receive instant alerts. Beginners who prefer a clean and straightforward trend-following tool.
Penunjuk Pine Script®
oleh Topview1817
1
Avg Candle Size (Ticks) – Last 9 Closed BarsWhat it does: Shows the average candle size in ticks for the last N closed bars (defaults to 9). I built this so I can glance at a 5-min chart and instantly know the typical bar size in ticks, updating only after each bar closes (no intrabar wiggle). How it works: Measures each bar’s full range (High–Low), not ATR and not candle body. Averages the last N closed bars, converts to ticks using syminfo.mintick. Displays a simple line plus a small readout (e.g., “32 ticks”). Why I built it: Gives me a realistic sense of current volatility in ticks so I can size stops/targets quickly without doing mental math. Extras: Lookback is configurable (default 9). Optional rounding (floor/nearest/ceil). Works on any timeframe/instrument that has a defined tick size. If you want it to match ATR exactly (in ticks), swap the range calc for ta.atr(len) / syminfo.mintick
Penunjuk Pine Script®
oleh BenjaminSamElliott
[DEM] RMEMA Bars RMEMA Bars is a multi-factor trend confirmation indicator that combines a double-smoothed moving average with momentum, trend direction, and price position analysis to generate color-coded bar signals. The indicator uses an RMA-smoothed EMA (21-period EMA smoothed by 5-period RMA) as its primary trend filter, while incorporating four additional technical conditions: price position relative to recent highs/lows over a 20-period window, Parabolic SAR directional bias, relative positioning of recent highs versus lows, and MACD momentum direction using extended parameters (50/100/21). Green bars appear when price is above SAR, recent highs dominate recent lows, MACD is positive, and the smoothed moving average is rising, while red bars signal the opposite conditions with price below SAR, recent lows dominating, negative MACD, and falling moving average. Purple bars indicate mixed or transitional conditions where not all criteria align, creating a comprehensive visual system that requires multiple technical factors to confirm before signaling strong bullish or bearish conditions.
Penunjuk Pine Script®
oleh divacleevq
[DEM] No High/Low Bars No High/Low Bars is a simple yet effective price action indicator that identifies potential reversal points by marking bars where the closing price equals either the session's high or low. The indicator generates buy signals (blue triangles below the bar) when the close equals the high, suggesting strong bullish momentum that pushed price to its peak by session end, and sell signals (red triangles above the bar) when the close equals the low, indicating bearish pressure that drove price to its lowest point. This approach captures moments of decisive directional movement where buyers or sellers maintained control throughout the entire session, effectively filtering out indecisive price action and highlighting bars with clear directional commitment. The simplicity of this method makes it particularly useful for identifying momentum shifts and potential continuation or reversal points based purely on the relationship between closing prices and session extremes.
Penunjuk Pine Script®
oleh divacleevq
[DEM] MACD Bars MACD Bars is designed to color price bars based on the relationship between the MACD line and its histogram to provide immediate visual feedback about momentum conditions and potential trend changes. The indicator calculates the standard MACD using the default parameters (12, 26, 9) and applies a three-color system to the candlesticks: green bars when the MACD line is above both the histogram and zero (indicating strong bullish momentum), red bars when the MACD line is below both the histogram and zero (indicating strong bearish momentum), and purple bars for all other conditions where momentum signals are mixed or transitional. This color-coding system helps traders quickly identify periods of strong directional momentum versus periods of uncertainty or potential reversal without needing to reference a separate MACD indicator pane.
Penunjuk Pine Script®
oleh divacleevq
VRD-5: Volume Reversal Detector (5 Bars)Overview This Pine Script indicator detects potential trend reversals based on volume patterns over a 5-bar period. It identifies accumulation (bullish) and distribution (bearish) patterns using volume analysis combined with price action. Key Features Volume Analysis: Compares current volume to a 34-period SMA Identifies strong/weak volume using configurable thresholds Calculates volume "energy" as a 5-bar average ratio Pattern Detection: Bearish Signal: Looks for decreasing volume after a strong volume bar Bullish Signal: Looks for increasing volume after weak volume bars Visualization: Colored volume histogram (bullish/bearish/neutral) SMA volume line Labels for detected signals Customization Options: Adjustable lookback period (3-10 bars) Configurable thresholds for volume strength Strict mode requiring confirming price action Suggested Improvements Performance Optimization: Reduce the max_labels_count (currently 500) to improve performance Consider using barstate.isconfirmed for more efficient calculations Enhanced Visualization: Add arrows on price chart for better visibility Include a background color highlight for signal periods Add option to display the energy level as a separate line Additional Features: Incorporate RSI or MACD for confirmation Add multi-timeframe analysis capability Include a strategy version for backtesting Code Structure: Separate the logic into distinct functions for better readability Add more detailed comments for complex calculations Consider using varip for real-time updates if needed User Experience: Add input options for label text size/position Include sound options for alerts Add a toggle for the information table This indicator provides a solid foundation for volume-based reversal detection that could be further enhanced with these improvements while maintaining its core functionality.
Penunjuk Pine Script®
oleh mjarry8123
Engulfing Bar AggressiveEngulfing Bar Aggressive Engulfing Bar Aggressive is a precise price action indicator designed to detect strong bullish and bearish engulfing patterns in an aggressive way. This tool is perfect for traders who want early and confirmed signals based purely on candle formations, without relying on any indicators or moving averages. 🔍 Core Logic The indicator scans for 2-bar engulfing patterns with additional strict conditions: Bullish Engulfing Current candle closes bullish (close > open). Previous candle closes bearish (close < open ). Current close completely engulfs previous open and high. Current open is below previous close. Signal triggers only after bar closure (confirmed pattern). Bearish Engulfing Current candle closes bearish (close < open). Previous candle closes bullish (close > open ). Current close completely engulfs previous open and low. Current open is above previous close. Signal triggers only after bar closure (confirmed pattern). 🛠 Features Clear visual markers on the chart (green for bullish, red for bearish). Configurable generic alert to receive notifications for any engulfing pattern detected. Dedicated alerts for bullish and bearish engulfing setups. Works on any timeframe and any market. 🎯 Use Case Ideal for breakout traders, reversal traders, or as part of a multi-factor strategy. Can be combined with support/resistance zones, ATR exhaustion levels, or trend filters for enhanced accuracy.
Penunjuk Pine Script®
oleh Giancarlo_Adorno
Bias Bar Coloring + Multi-Timeframe Bias Table + AlertsMulti-Timeframe Bias Bar Coloring with Alerts & Table This indicator provides a powerful, visual way to assess price action bias across multiple timeframes—Monthly, Weekly, and Daily—while also coloring each bar based on the current chart’s bias. Features: Persistent Bar Coloring: Bars are colored green for bullish bias (close above previous high), red for bearish bias (close below previous low), and persist the last color if neither condition is met. This makes trend shifts and momentum easy to spot at a glance. Bias Change Alerts: Get notified instantly when the bias flips from bullish to bearish or vice versa, helping you stay on top of potential trade setups or risk management decisions. Multi-Timeframe Bias Table: A table anchored in the top right corner displays the current bias for the Monthly, Weekly, and Daily charts, color-coded for quick reference. This gives you a clear view of higher timeframe context while trading any chart. Consistent Logic: The same objective bias logic is used for all timeframes, ensuring clarity and reliability in your analysis. How to Use: Use the bar colors for instant visual feedback on trend and momentum shifts. Watch the top-right table to align your trades with higher timeframe bias, improving your edge and filtering out lower-probability setups. Set alerts to be notified of bias changes, so you never miss a potential opportunity. This tool is ideal for traders who value multi-timeframe analysis, want clear visual cues for trend direction, and appreciate having actionable alerts and context at their fingertips.
Penunjuk Pine Script®
oleh TRDRZone
Positive/Negative Close Counter (Bar-Based)# Positive/Negative Close Counter (Bar-Based) ## Overview This indicator analyzes the historical performance of an asset by counting positive and negative closing price movements over a specified lookback period. It provides statistical insights into the directional bias of price action, helping traders understand the historical tendency of an instrument to close higher or lower compared to the previous period. ## Key Features - **Multi-Timeframe Analysis**: Supports Daily (D) and Weekly (W) timeframe analysis - **Customizable Lookback Period**: Adjustable lookback period with default setting of 252 bars (approximately 1 trading year for daily charts) - **Flexible Display Options**: Choose from 5 different label positions on the chart for optimal visibility - **Real-Time Statistics**: Displays count of positive closes, negative closes, and percentage of positive movements - **Clean Visual Presentation**: Information displayed in a clear, organized label with emojis for easy reading ## Input Parameters 1. **Timeframe**: Select between Daily or Weekly analysis 2. **Lookback Period**: Number of bars to analyze (default: 252 bars) 3. **Display Box Location**: Choose label position from Top Left, Top Right, Bottom Left, Bottom Middle, or Bottom Right ## What It Shows The indicator displays: - Current timeframe being analyzed - Number of bars in the lookback period - Count of periods where the close was higher than the previous close (Positive Closes) - Count of periods where the close was lower than the previous close (Negative Closes) - Percentage of positive closing periods ## Technical Implementation - Uses Pine Script v5 for optimal performance - Implements security() function for multi-timeframe data requests - Employs dynamic label positioning based on visible price range - Handles edge cases with proper null value checking ## Important Notes - The indicator only counts closes that are definitively higher or lower than the previous close - Unchanged closes (equal prices) are not counted in either category - Results are based on historical data and do not predict future performance - Works on all chart timeframes but analyzes data according to the selected timeframe parameter This tool is designed for educational and analytical purposes to help traders better understand price behavior patterns in their chosen instruments.
Penunjuk Pine Script®
oleh vikrantk_13
BVB dominance bars Hello everyone, this is my first indicator. these candles shows you who's in control. I like to think its some what close to heikin ashi candles as it shows you the Trend but doesn't average it out. also shows you when there is indecision. please read the instructions on how it works. its not a stand alone strategy. but adds value to your own strategy. 📖 How It Works The BvB Dominance Bars indicator is a visual tool that colors candles based on market control—whether bulls or bears are in charge. It uses a custom metric comparing the price's relationship to a smoothed moving average (EMA), then normalizes that difference over time to express relative bullish or bearish pressure. Here’s the breakdown: Bulls vs Bears Logic: A short-term EMA (default: 14-period) is used to establish a midpoint reference. Bull Pressure is calculated as how far the high is above this EMA. Bear Pressure is how far the low is below this EMA. These are normalized over a lookback period (default: 120 bars) to produce percentile scores (0–100) for both bulls and bears. Dominance & Color Coding: The indicator compares normalized bull and bear scores. Candles are color-coded based on: Bright Lime: Strong Bull Dominance (with high confidence) Soft Lime/Yellow: Moderate Bull Control Bright Red: Strong Bear Dominance Soft Red/Yellow: Moderate Bear Control Gray: Neutral/Low conviction Optional Live Label: A small floating label shows who has control: “Bull Control,” “Bear Control,” or “Neutral.” 🧠 How to Use It (Example Strategy) The BvB Dominance Bars indicator is not a standalone buy/sell signal but a market sentiment overlay. It’s most effective when combined with your own strategy, like price action or trend-following tools. Here’s an example use case: 🧪 Reversal Confirmation Strategy Objective: Catch high-probability reversals during key kill zones or supply/demand levels. Setup: Mark your key support/resistance zones using your standard method (e.g., FVGs, liquidity sweeps, or ICT PD arrays). Wait for price to reach one of these zones. Watch candle colors from the BvB Dominance Bars: If you expect a bullish reversal, wait for a transition from red/gray candles to lime green or bright lime (bullish dominance taking over). If you expect a bearish reversal, look for a change from green/gray to red or bright red. Entry Filter: Only enter if the dominant color holds for 2+ candles. Avoid trades when candles are gray or yellow (indecision/neutral). Exit Option: Exit if dominance shifts against you (e.g., from lime to red), or use structure-based stops. ⚙️ Settings You Can Adjust: BvB Period: Controls how fast EMA responds. Bars Back: Determines how long the normalization looks back. Thresholds: Influence how strong the dominance must be to change candle color. ✅ Best Used When: You already have a bias and just want a confirmation of sentiment. You're trading intraday and want a feel for shifting momentum without relying on noisy indicators. You want a clean, color-coded overlay to help filter out fakeouts and indecision.
Penunjuk Pine Script®
oleh EMAZINGTRADES
1
Live Inside Bar ColoringDescription This script colors the current bar if it is inside the prior bar's high and low. Inside is defined as ≤ the high, and ≥ the low of the prior bar. Utility This gives a quick visual indication if the current bar is inside. This can indicate a choppier market. By definition, an inside bar is consolidating and not trending. Function Colors distinguish if the current price is above the opening price of the inside bar on a given timeframe. If you do not want to distinguish this, you can set both colors the same.
Penunjuk Pine Script®
oleh SpinTrades
30-70 RSI Strategy with Colored BarThis script colors price bars based on Relative Strength Index (RSI) levels, giving traders a quick and visual way to assess overbought or oversold market conditions directly on the chart. 📈 Key Features: ✅ RSI-Based Bar Coloring: Green bars when RSI is above the upper threshold (default 70) – suggests bullish momentum. Red bars when RSI is below the lower threshold (default 30) – indicates bearish pressure. Bars remain uncolored when RSI is between thresholds – a neutral zone. 🔧 Customizable RSI Settings: Adjustable RSI length (default: 14 periods) Adjustable overbought/oversold levels (default: 70/30) 🧠 Helps traders: Quickly spot potential reversals or trend continuations Visually align price action with momentum 🛠️ Usage: Ideal for trend-following, reversal, and momentum strategies. Works across any timeframe (1m, 5m, 1h, daily, etc.).
Strategi Pine Script®
oleh khetiajay
Candle Range-BarsThe Candle Range Bars indicator visually represents the range of each candlestick in either pips or ticks, depending on your preference. It plots vertical bars to show the size of each candle, making it easy to identify periods of high or low volatility. The indicator also displays the exact range value (in pips or ticks) above each bar, with customizable text size and color for better readability. Key Features Pips or Ticks Mode: Choose to display the candle range in pips (for forex traders) or ticks (for other instruments). Customizable Text: Adjust the text color and text size (Tiny, Small, Normal, Large) to suit your chart style. Clear Visuals: Bars are colored green for bullish candles and red for bearish candles, making it easy to distinguish between up and down moves. Flexible Use: Ideal for analyzing volatility, identifying consolidation zones, and comparing candle ranges across different timeframes. How to Use: Add the indicator to your chart. Customize the settings: Choose between pips or ticks. Adjust the text color and text size for the range values. Observe the bars and their corresponding range values to analyze market volatility. Why Use This Indicator?: Simplify Range Analysis: Quickly see the size of each candlestick without manual calculations. Customizable: Tailor the appearance to match your trading style. Versatile: Works on any instrument and timeframe. Settings: Show Pips (Otherwise Ticks): Toggle between pips and ticks mode. Text Color: Choose the color of the range value text. Text Size: Select the size of the range value text (Tiny, Small, Normal, Large). Ideal For: Forex, stocks, commodities, and crypto traders. Traders who focus on volatility and range analysis. Anyone looking for a clear and customizable way to visualize candle ranges. This description highlights the key features, benefits, and usability of your indicator, making it appealing to other TradingView members. Let me know if you'd like to tweak it further! 😊
Penunjuk Pine Script®
oleh PietroGh
2
the rainbow unicornScript Name: The Rainbow Unicorn Description: The Rainbow Unicorn is a unique visual indicator designed to add a touch of color and fun to your trading charts. This indicator colors the bars, wicks, and borders using rainbow colors, making technical analysis more enjoyable and visually appealing. Features: Rainbow Colors: Bars, wicks, and borders are colored in red, orange, yellow, green, blue, and purple, creating a dynamic rainbow effect. Customization: Colors are applied cyclically, offering a continuous and smooth visualization of market data. Ease of Use: No complex configuration is required. Simply add the indicator to your chart to see the rainbow colors in action. How It Works: The indicator uses a function to generate rainbow colors and applies them to the bars on the chart based on their index. The colors are defined in an array and are applied cyclically, meaning each bar receives a different rainbow color. Usage: Add the "The Rainbow Unicorn" indicator to your chart. Observe the rainbow-colored bars for a more visual and fun trading experience. Use this indicator in conjunction with your other technical analysis tools for better visualization of trends and price movements. Underlying Concepts: This indicator is primarily designed to enhance the visual experience of traders by adding vibrant and dynamic colors to the charts. It does not rely on complex calculations or trend detection methods but aims to make technical analysis more enjoyable and engaging.
Penunjuk Pine Script®
oleh Sigmaaaa31
Internal Bar Strength (IBS) Strategy█ STRATEGY DESCRIPTION The "Internal Bar Strength (IBS) Strategy" is a mean-reversion strategy designed to identify trading opportunities based on the closing price's position within the daily price range. It enters a long position when the IBS indicates oversold conditions and exits when the IBS reaches overbought levels. This strategy was designed to be used on the daily timeframe. █ WHAT IS INTERNAL BAR STRENGTH (IBS)? Internal Bar Strength (IBS) measures where the closing price falls within the high-low range of a bar. It is calculated as: IBS = (Close - Low) / (High - Low) - **Low IBS (≤ 0.2)**: Indicates the close is near the bar's low, suggesting oversold conditions. - **High IBS (≥ 0.8)**: Indicates the close is near the bar's high, suggesting overbought conditions. █ SIGNAL GENERATION 1. LONG ENTRY A Buy Signal is triggered when: The IBS value drops below the Lower Threshold (default: 0.2). The signal occurs within the specified time window (between `Start Time` and `End Time`). 2. EXIT CONDITION A Sell Signal is generated when the IBS value rises to or above the Upper Threshold (default: 0.8). This prompts the strategy to exit the position. █ ADDITIONAL SETTINGS Upper Threshold: The IBS level at which the strategy exits trades. Default is 0.8. Lower Threshold: The IBS level at which the strategy enters long positions. Default is 0.2. Start Time and End Time: The time window during which the strategy is allowed to execute trades. █ PERFORMANCE OVERVIEW This strategy is designed for ranging markets and performs best when prices frequently revert to the mean. It is sensitive to extreme IBS values, which help identify potential reversals. Backtesting results should be analyzed to optimize the Upper/Lower Thresholds for specific instruments and market conditions.
Strategi Pine Script®
oleh Botnet101
IU 4 Bar UP StrategyIU 4 Bar UP Strategy The IU 4 Bar UP Strategy is a trend-following strategy designed to identify and execute long trades during strong bullish momentum, combined with confirmation from the SuperTrend indicator. This strategy is suitable for traders aiming to capitalize on sustained upward market movements. Features : 1. SuperTrend Confirmation: Incorporates the SuperTrend indicator as a dynamic support/resistance line to filter trades in the direction of the trend. 2. 4 Consecutive Bullish Bars: Detects a series of 4 bullish candles as a signal for strong upward momentum, ensuring robust trade setups. 3. Dynamic Alerts: Sends alerts for trade entries and exits to keep traders informed. 4. Visual Enhancements: - Plots the SuperTrend indicator on the chart. - Changes the background color while a trade is active for easy visualization. Inputs : - SuperTrend ATR Period: The period used to calculate the Average True Range (ATR) for the SuperTrend indicator. - SuperTrend ATR Factor: The multiplier for the ATR in the SuperTrend calculation. Entry Conditions : A long entry is triggered when: 1. The last 4 consecutive candles are bullish (closing prices are higher than opening prices). 2. The current price is above the SuperTrend line. 3. The strategy is not already in a position. 4. The bar is confirmed (not a partially formed bar). When all these conditions are met, the strategy enters a long position and provides an alert: "Long Entry triggered" Exit Conditions : The strategy exits the long position when: 1. The closing price drops below the SuperTrend line. 2. An alert is generated: "Close the long Trade" Visualization : - The SuperTrend line is plotted, dynamically colored: - Green when the trend is bullish. - Red when the trend is bearish. - The background color turns semi-transparent green while a trade is active, indicating a long position. Do use proper risk management while using this strategy.
Strategi Pine Script®
oleh Shivam_Mandrai
2
Inside Bar Breakout/Fakeout with AI Scenarios [Yosiet]Inside Bar Breakout/Fakeout Indicator with Scenarios The Indicator is a powerful tool for traders looking to identify potential breakout and fakeout opportunities based on inside bar patterns. This indicator combines multiple technical analysis concepts to provide a comprehensive view of market behavior, helping traders make more informed decisions. Key Features Inside bar detection with filtering Breakout and fakeout identification Three distinct scenario detections Customizable moving average calculations Flexible visualization options Alert conditions for various events How It Works The indicator identifies inside bars and filters them based on a maximum number of consecutive inside bars. It then detects breakouts and fakeouts using user-defined parameters. The script also calculates moving averages to determine trend direction. Three specific scenarios are detected: Strong breakout followed by a strong reversal Weak breakout with multiple doji/weak candles Strong breakout without reversal These scenarios are visually represented on the chart, allowing traders to quickly identify potential trading opportunities. How to Use Apply the indicator to your chart Adjust the input parameters to suit your trading style Look for inside bar patterns and subsequent breakouts/fakeouts Pay attention to the three scenario markers for additional context Use the alert conditions to stay informed of potential opportunities
Penunjuk Pine Script®
oleh ViboraTrader
Engulfing & Pin Bar DetectorOverview The "Engulfing & Pin Bar Detector" script identifies two important candlestick patterns: Engulfing Candles and Pin Bars. These patterns are widely used in technical analysis to signal potential reversals or continuations in the market. The script provides visual signals directly on the chart to help traders make informed decisions. Features Bullish Engulfing: The second candle completely engulfs the body and shadows (high and low) of the previous bearish candle. Signals a potential reversal to the upside. Marked with a green background and a label below the candle. Bearish Engulfing: The second candle completely engulfs the body and shadows (high and low) of the previous bullish candle. Signals a potential reversal to the downside. Marked with a red background and a label above the candle. Bullish Pin Bar: A candle with a long lower shadow and a small body near the top of the range. Indicates potential upward price action. Marked with a blue background and an upward triangle below the candle. Bearish Pin Bar: A candle with a long upper shadow and a small body near the bottom of the range. Indicates potential downward price action. Marked with an orange background and a downward triangle above the candle. Customizable Visual Alerts: Background highlights and shape markers for quick and easy identification of patterns. How to Use Add the script to your TradingView chart. Look for: Green background: Bullish Engulfing. Red background: Bearish Engulfing. Blue background: Bullish Pin Bar. Orange background: Bearish Pin Bar. Combine with other indicators or price action techniques for confirmation. Adjust your entry and exit strategies based on the patterns: For Bullish Engulfing or Bullish Pin Bar, consider entering long positions or exiting shorts. For Bearish Engulfing or Bearish Pin Bar, consider entering short positions or exiting longs. Example Use Cases Identify potential reversal zones. Use as confirmation in trend-following or counter-trend strategies. Enhance your analysis with clear visual signals.
Penunjuk Pine Script®
oleh siravan
2 bars BarsInputs: The script allows you to specify the values for each state (HH, HL, LL, LH) for two bars. Labels as Bars: Instead of line.new, this script uses label.new to simulate a pseudo-bar chart. Bars are visually represented as labels, with distinct positions and colors. Offset Logic: The offset ensures that each category has its labels (bars) placed at the correct horizontal distance. Custom Categories: The categories array ("HH", "HL", "LL", "LH") links to their respective values.
Penunjuk Pine Script®
oleh Ghazicrypto
Inner Bar Strength (IBS)Inner Bar Strength (IBS) Indicator The Inner Bar Strength (IBS) indicator is a technical analysis tool designed to measure the position of the closing price relative to the day's price range. It provides insights into market sentiment by indicating where the close occurs within the high and low of a specific timeframe. The IBS value ranges from 0 to 1, where values near 1 suggest bullish momentum (close near the high), and values near 0 indicate bearish momentum (close near the low). How It Works The IBS is calculated using the following formula: IBS = (Close−Low) / (High−Low) IBS = (High−Low) / (Close−Low​) Close: Closing price of the selected timeframe. Low: Lowest price of the selected timeframe. High: Highest price of the selected timeframe. The indicator allows you to select the timeframe for calculation (default is daily), providing flexibility to analyze different periods based on your trading strategy. Key Features Inner Bar Strength (IBS) Indicator The Inner Bar Strength (IBS) indicator is a technical analysis tool designed to measure the position of the closing price relative to the day's price range. It provides insights into market sentiment by indicating where the close occurs within the high and low of a specific timeframe. The IBS value ranges from 0 to 1, where values near 1 suggest bullish momentum (close near the high), and values near 0 indicate bearish momentum (close near the low). How It Works The IBS is calculated using the following formula: IBS=Close−LowHigh−Low IBS=High−LowClose−Low​ Close: Closing price of the selected timeframe. Low: Lowest price of the selected timeframe. High: Highest price of the selected timeframe. The indicator allows you to select the timeframe for calculation (default is daily), providing flexibility to analyze different periods based on your trading strategy. Key Features Timeframe Selection: Customize the timeframe to daily, weekly, monthly, or any other period that suits your analysis. Adjustable Thresholds: Input fields for upper and lower thresholds (defaulted at 0.9 and 0.1) help identify overbought and oversold conditions. Visual Aids: Dashed horizontal lines at the threshold levels make it easy to visualize critical levels on the chart. How to Use the IBS Indicator When the IBS value exceeds the upper threshold (e.g., 0.9), it suggests the asset is closing near its high and may be overbought. When the IBS value falls below the lower threshold (e.g., 0.1), it indicates the asset is closing near its low and may be oversold. Use RSI to confirm overbought or oversold conditions identified by the IBS. Incorporate moving averages to identify the overall trend and filter signals. High trading volume can strengthen signals provided by the IBS. If the price is making lower lows while the IBS is making higher lows, it may signal a potential upward reversal. If the price is making higher highs and the IBS is making lower highs, a downward reversal might be imminent. Conclusion The Inner Bar Strength (IBS) indicator is a valuable tool for traders seeking to understand intraday momentum and potential reversal points. By measuring where the closing price lies within the day's range, it provides immediate insights into market sentiment. When used alongside other technical analysis tools, the IBS can enhance your trading strategy by identifying overbought or oversold conditions, confirming breakouts, and highlighting potential divergence signals.
Penunjuk Pine Script®
oleh AlgoTrader90