Gann Swing Strategy [1 Bar - Multi Layer]Use this Strategy to Fine-tune inputs for your Gann swing strategy.
Strategy allows you to fine-tune the indicator for 1 TimeFrame at a time; cross Timeframe Input fine-tuning is done manually after exporting the chart data.
MEANINGFUL DESCRIPTION:
The Gann Swing Chart using the One-Bar type, also known as the Minor Trend Chart, is designed to follow single-bar movements in the market. It helps identify trends by tracking price movements. When the market makes a higher high than the previous bar from a low price, the One-Bar trend line moves up, indicating a new high and establishing the previous low as a One-Bar bottom. Conversely, when the market makes a lower low than the previous bar from a high price, the One-Bar swing line moves down, marking a new low and setting the previous high as a One-Bar top. The crossing of these swing tops and bottoms indicates a change in trend direction.
HOW TO USE THE INDICATOR / Gann-swing Strategy:
The indicator shows 1, 2, and 3-bar swings. The strategy triggers a buy when the price crosses the previously determined high.
HOW TO USE THE STRATEGY:
Strategy to Fine-Tune Inputs for Your Gann Swing Strategy
This strategy allows for the fine-tuning of indicators for one timeframe at a time. Cross-timeframe input fine-tuning is done manually after exporting the chart data.
Meaningful Description:
The Gann Swing Chart using the One-Bar type, also known as the Minor Trend Chart, is designed to follow single-bar movements in the market. It helps identify trends by tracking price movements. When the market makes a higher high than the previous bar from a low price, the One-Bar trend line moves up, indicating a new high and establishing the previous low as a One-Bar bottom. Conversely, when the market makes a lower low than the previous bar from a high price, the One-Bar swing line moves down, marking a new low and setting the previous high as a One-Bar top. The crossing of these swing tops and bottoms indicates a change in trend direction.
How to Use the Indicator / Gann-Swing Strategy:
The indicator shows 1, 2, and 3-bar swings. The strategy triggers a buy when the price crosses the previously determined high.
How to Use the Strategy:
The strategy initiates a buy if the price breaks 1, 2, or 3-bar highs, or any combination thereof. Use the inputs to determine which highs or lows need to be crossed for the strategy to go long or short.
ORIGINALITY & USEFULNESS:
The One-Bar Swing Chart stands out for its simplicity and effectiveness in capturing minor market trends. Developed by meomeo105, this Gann high and low algorithm forms the basis of the strategy. I used my approach to creating strategy out of Gann swing indicator.
DETAILED DESCRIPTION:
What is a Swing Chart?
Swing charts help traders visualize price movements and identify trends by focusing on price highs and lows. They are instrumental in spotting trend reversals and continuations.
What is the One-Bar Swing Chart?
The One-Bar Swing Chart, also known as the Minor Trend Chart, follows single-bar price movements. It plots upward swings from a low price when a higher high is made, and downward swings from a high price when a lower low is made.
Key Features:
Trend Identification : Highlights minor trends by plotting swing highs and lows based on one-bar movements.
Simple Interpretation : Crossing a swing top indicates an uptrend, while crossing a swing bottom signals a downtrend.
Customizable Periods : Users can adjust the period to fine-tune the sensitivity of the swing chart to market movements.
Practical Application:
Bullish Trend : When the One-Bar Swing line moves above a previous swing top, it indicates a bullish trend.
Bearish Trend : When the One-Bar Swing line moves below a previous swing bottom, it signals a bearish trend.
Trend Reversal : Watch for crossings of swing tops and bottoms to detect potential trend reversals.
The One-Bar Swing Chart is a powerful tool for traders looking to capture and understand market trends. By following the simple rules of swing highs and lows, it provides clear and actionable insights into market direction.
Why the Strategy Uses 100% Allocation of a Portfolio:
This strategy allocates 100% of the portfolio to trading this specific pair, which does not mean 100% of all capital but 100% of the allocated trading capital for this pair. The strategy is swing-based and does not use take profit (TP) or stop losses.
Cari dalam skrip untuk "bar"
CandlesGroup_TypesLibrary "CandlesGroup_Types"
CandlesGroup Type allows you to efficiently store and access properties of all the candles in your chart.
You can easily manipulate large datasets, work with multiple timeframes, or analyze multiple symbols simultaneously. By encapsulating the properties of each candle within a CandlesGroup object, you gain a convenient and organized way to handle complex candlestick patterns and data.
For usage instructions and detailed examples, please refer to the comments and examples provided in the source code.
method init(_self)
Namespace types: CandlesGroup
Parameters:
_self (CandlesGroup)
method init(_self, propertyNames)
Namespace types: CandlesGroup
Parameters:
_self (CandlesGroup)
propertyNames (string )
method get(_self, key)
get values array from a given property name
Namespace types: CandlesGroup
Parameters:
_self (CandlesGroup) : : CandlesGroup object
key (string) : : key name of selected property. Default is "index"
Returns: values array
method size(_self)
get size of values array. By default it equals to current bar_index
Namespace types: CandlesGroup
Parameters:
_self (CandlesGroup) : : CandlesGroup object
Returns: size of values array
method push(_self, key, value)
push single value to specific property
Namespace types: CandlesGroup
Parameters:
_self (CandlesGroup) : : CandlesGroup object
key (string) : : key name of selected property
value (float) : : property value
Returns: CandlesGroup object
method push(_self, arr)
Namespace types: CandlesGroup
Parameters:
_self (CandlesGroup)
arr (float )
method populate(_self, ohlc)
populate ohlc to CandlesGroup
Namespace types: CandlesGroup
Parameters:
_self (CandlesGroup) : : CandlesGroup object
ohlc (float ) : : array of ohlc
Returns: CandlesGroup object
method populate(_self, values, propertiesNames)
populate values base on given properties Names
Namespace types: CandlesGroup
Parameters:
_self (CandlesGroup) : : CandlesGroup object
values (float ) : : array of property values
propertiesNames (string ) : : an array stores property names. Use as keys to get values
Returns: CandlesGroup object
method populate(_self)
populate values (default setup)
Namespace types: CandlesGroup
Parameters:
_self (CandlesGroup) : : CandlesGroup object
Returns: CandlesGroup object
method lookback(arr, bars_lookback)
get property value on previous candles. For current candle, use *.lookback()
Namespace types: float
Parameters:
arr (float ) : : array of selected property values
bars_lookback (int) : : number of candles lookback. 0 = current candle. Default is 0
Returns: single property value
method highest_within_bars(_self, hiSource, start, end, useIndex)
get the highest property value between specific candles
Namespace types: CandlesGroup
Parameters:
_self (CandlesGroup) : : CandlesGroup object
hiSource (string) : : key name of selected property
start (int) : : start bar for calculation. Default is candles lookback value from current candle. 'index' value is used if 'useIndex' = true
end (int) : : end bar for calculation. Default is candles lookback value from current candle. 'index' value is used if 'useIndex' = true. Default is 0
useIndex (bool) : : use index instead of lookback value. Default = false
Returns: the highest value within candles
method highest_within_bars(_self, returnWithIndex, hiSource, start, end, useIndex)
get the highest property value and bar index between specific candles
Namespace types: CandlesGroup
Parameters:
_self (CandlesGroup) : : CandlesGroup object
returnWithIndex (bool) : : the function only applicable when it is true
hiSource (string) : : key name of selected property
start (int) : : start bar for calculation. Default is candles lookback value from current candle. 'index' value is used if 'useIndex' = true
end (int) : : end bar for calculation. Default is candles lookback value from current candle. 'index' value is used if 'useIndex' = true. Default is 0
useIndex (bool) : : use index instead of lookback value. Default = false
Returns:
method highest_point_within_bars(_self, hiSource, start, end, useIndex)
get a Point object which contains highest property value between specific candles
Namespace types: CandlesGroup
Parameters:
_self (CandlesGroup) : : CandlesGroup object
hiSource (string) : : key name of selected property
start (int) : : start bar for calculation. Default is candles lookback value from current candle. 'index' value is used if 'useIndex' = true
end (int) : : end bar for calculation. Default is candles lookback value from current candle. 'index' value is used if 'useIndex' = true. Default is 0
useIndex (bool) : : use index instead of lookback value. Default = false
Returns: Point object contains highest property value
method lowest_within_bars(_self, loSource, start, end, useIndex)
get the lowest property value between specific candles
Namespace types: CandlesGroup
Parameters:
_self (CandlesGroup) : : CandlesGroup object
loSource (string) : : key name of selected property
start (int) : : start bar for calculation. Default is candles lookback value from current candle. 'index' value is used if 'useIndex' = true
end (int) : : end bar for calculation. Default is candles lookback value from current candle. 'index' value is used if 'useIndex' = true. Default is 0
useIndex (bool) : : use index instead of lookback value. Default = false
Returns: the lowest value within candles
method lowest_within_bars(_self, returnWithIndex, loSource, start, end, useIndex)
get the lowest property value and bar index between specific candles
Namespace types: CandlesGroup
Parameters:
_self (CandlesGroup) : : CandlesGroup object
returnWithIndex (bool) : : the function only applicable when it is true
loSource (string) : : key name of selected property
start (int) : : start bar for calculation. Default is candles lookback value from current candle. 'index' value is used if 'useIndex' = true
end (int) : : end bar for calculation. Default is candles lookback value from current candle. 'index' value is used if 'useIndex' = true. Default is 0
useIndex (bool) : : use index instead of lookback value. Default = false
Returns:
method lowest_point_within_bars(_self, loSource, start, end, useIndex)
get a Point object which contains lowest property value between specific candles
Namespace types: CandlesGroup
Parameters:
_self (CandlesGroup) : : CandlesGroup object
loSource (string) : : key name of selected property
start (int) : : start bar for calculation. Default is candles lookback value from current candle. 'index' value is used if 'useIndex' = true
end (int) : : end bar for calculation. Default is candles lookback value from current candle. 'index' value is used if 'useIndex' = true. Default is 0
useIndex (bool) : : use index instead of lookback value. Default = false
Returns: Point object contains lowest property value
method time2bar(_self, t)
Convert UNIX time to bar index of active chart
Namespace types: CandlesGroup
Parameters:
_self (CandlesGroup) : : CandlesGroup object
t (int) : : UNIX time
Returns: bar index
method time2bar(_self, timezone, YYYY, MMM, DD, hh, mm, ss)
Convert timestamp to bar index of active chart. User defined timezone required
Namespace types: CandlesGroup
Parameters:
_self (CandlesGroup) : : CandlesGroup object
timezone (string) : : User defined timezone
YYYY (int) : : Year
MMM (int) : : Month
DD (int) : : Day
hh (int) : : Hour. Default is 0
mm (int) : : Minute. Default is 0
ss (int) : : Second. Default is 0
Returns: bar index
method time2bar(_self, YYYY, MMM, DD, hh, mm, ss)
Convert timestamp to bar index of active chart
Namespace types: CandlesGroup
Parameters:
_self (CandlesGroup) : : CandlesGroup object
YYYY (int) : : Year
MMM (int) : : Month
DD (int) : : Day
hh (int) : : Hour. Default is 0
mm (int) : : Minute. Default is 0
ss (int) : : Second. Default is 0
Returns: bar index
method get_prop_from_time(_self, key, t)
get single property value from UNIX time
Namespace types: CandlesGroup
Parameters:
_self (CandlesGroup) : : CandlesGroup object
key (string) : : key name of selected property
t (int) : : UNIX time
Returns: single property value
method get_prop_from_time(_self, key, timezone, YYYY, MMM, DD, hh, mm, ss)
get single property value from timestamp. User defined timezone required
Namespace types: CandlesGroup
Parameters:
_self (CandlesGroup) : : CandlesGroup object
key (string) : : key name of selected property
timezone (string) : : User defined timezone
YYYY (int) : : Year
MMM (int) : : Month
DD (int) : : Day
hh (int) : : Hour. Default is 0
mm (int) : : Minute. Default is 0
ss (int) : : Second. Default is 0
Returns: single property value
method get_prop_from_time(_self, key, YYYY, MMM, DD, hh, mm, ss)
get single property value from timestamp
Namespace types: CandlesGroup
Parameters:
_self (CandlesGroup) : : CandlesGroup object
key (string) : : key name of selected property
YYYY (int) : : Year
MMM (int) : : Month
DD (int) : : Day
hh (int) : : Hour. Default is 0
mm (int) : : Minute. Default is 0
ss (int) : : Second. Default is 0
Returns: single property value
method bar2time(_self, index)
Convert bar index of active chart to UNIX time
Namespace types: CandlesGroup
Parameters:
_self (CandlesGroup) : : CandlesGroup object
index (int) : : bar index
Returns: UNIX time
Point
A point on chart
Fields:
price (series float) : : price value
bar (series int) : : bar index
bartime (series int) : : time in UNIX format of bar
Property
Property object which contains values of all candles
Fields:
name (series string) : : name of property
values (float ) : : an array stores values of all candles. Size of array = bar_index
CandlesGroup
Candles Group object which contains properties of all candles
Fields:
propertyNames (string ) : : an array stores property names. Use as keys to get values
properties (Property ) : : array of Property objects
Multi Bar OHLC Compare Panel (Floating Grid)Multi Bar OHLC Compare Panel by RagingRocketBull 2019
version 1.0
This indicator lets you compare OHLCV values from several specified bars. Bars can be dynamic/persistent.
You can also use it as an alternate OHLC panel if you don't like small font of the native TradingView panel.
It uses Pinescript v4 to output data dynamically as string labels in a horiz/vertical grid.
Features:
- Floating Panel with customizable horiz/vertical layout and grid spacing
- Support for up to 5 OHLC bars (highlighted with markers)
- Outputs Bar #/index, OHLCV, Bar Change Value/%, Exchange/Ticker, Timeframe, Timestamp strings
- Dynamic (fixed offset)/Persistent bars (fixed time)
- Show/Hide parts of strings
- Full output string customization, including text size, date/time format and delimiters
- 2 Anchor points for panel offset: cur bar high or range high
- Bar Change can change color
Usage:
- specify at least 1 bar index as OHLC source
- select anchor point to position the panel
- select horiz/vertical grid layout
- adjust horiz/vertical spacing
- customize output strings as needed
Notes:
- this indicator uses Pinescript v3 Compatibity Framework
- both bars 1,2 are required for log scale adjustment to work
- you can't attach the panel to screen's top/bottom and must use offset/anchor because, unlike plotshape, string labels don't support yloc=yloc.top/bottom, only yloc.above/belowbar
- you can't precisely align strings in a grid because there's no label.get_width/height to calculate mid/left points, only get_x/y/text. Alignment will break depending on string length, zoom and change color option on/off
- bar change is rendered as a separate label when change color is enabled (2 panels total) and merged into the main panel when disabled (single panel)
- you can't change the order of strings as playing with the natural order of things isn't the best of ideas
- you can modify the script to compare up to 50 OHLC bars, but do you need that much power? Of course, you do.
- you can't set color/style for string labels in Style UI, so a few extra settings were added.
- bar index is limited to 5000 for free accounts (10000 for paid), will show an error when exceeded, also when it exceeds the total number of bars in history
- in persistent bars mode all bars with index > 0 are considered persistent, bar 0 always remains a dynamic bar
- persistent bars' offset is reset: in replay mode on exit or when price reaches cur bar, or when panel layout is changed from h to v in both replay/realtime modes
- initial pos of each persistent bar relative to the first realtime bar anchor doesn't change during session - new persistent bars introduced during session are attached to the most recent cur bar anchor
P.S. Everything is proceeding as I have foreseen
Inside/Outside Bar Direction Highlighter
Here’s a trading indicator in Pine Script (v6) that combines the essence of the Inside Bar, Outside Bar, and directional patterns inspired by TT3 Theory. This indicator highlights bars based on their classification as inside, outside, or directional and provides potential trade signals.
Inside Outside Indicator
Explanation:
Bar Classification:
Inside Bar: Current high is less than the previous high, and the low is greater than the previous low.
Outside Bar: Current high exceeds the previous high, and the low breaks below the previous low.
Up/Down Bars: Closing prices relative to the previous high/low.
Visual Highlights:
Bars are visually highlighted with colors for easy identification.
Trade Signals:
Long Signal: When the close crosses above the previous high and it's a directional up bar.
Short Signal: When the close crosses below the previous low and it's a directional down bar.
Customizable Inputs:
Colors for inside, outside, up, and down bars can be modified.
You can copy and paste this script into the Pine Editor on TradingView to see it in action. Adjust the logic to fit your trading strategy as needed.
You said:
summary of how to use this indicator without buy/sell signal
ChatGPT said:
ChatGPT
How to Use the Inside/Outside Bar Direction Highlighter Indicator (Without Buy/Sell Signals)
Understand the Bar Classifications:
Inside Bars: Highlighted in blue (default). These indicate periods of market consolidation. Look for potential breakouts in either direction.
Outside Bars: Highlighted in orange (default). These represent increased volatility, where both higher highs and lower lows are made. Watch for reversals or continuations based on broader trends.
Directional Up Bars: Highlighted in green (default). These occur when the current close is above the previous high, signaling bullish momentum.
Directional Down Bars: Highlighted in red (default). These occur when the current close is below the previous low, indicating bearish momentum.
Identify Key Patterns:
Use the highlighted bars to spot price action setups, such as:
Breakouts from inside bars.
Reversal signals following outside bars.
Continuation patterns when directional bars align with the trend.
Combine with Your Analysis:
Trend Analysis: Match bar classifications with trend direction on larger timeframes (e.g., daily, 4-hour).
Support/Resistance: Use inside and outside bars near key levels for confirmation or reversal signals.
Volume: Higher volume on directional bars strengthens the momentum signal.
Customize the Colors:
Adjust the bar highlight colors to fit your chart theme for better visibility.
No Automatic Signals:
This indicator doesn’t provide explicit buy/sell recommendations. Instead, use the visual highlights to make informed decisions based on your trading strategy.
By interpreting these bar patterns, you can better gauge market behavior and make more confident decisions without relying on preset signals.
5-Minute YEN Pivot Bars 1.0The 5-Minute YEN Pivot Bars indicator is designed to identify and highlight low-range pivot bars on 5-minute charts, specifically tailored for Yen-based pairs (e.g., GBPJPY, USDJPY). By focusing on precise pip thresholds, this tool helps traders detect potential pivot points within specific trading sessions, while avoiding inside bars and other noise often seen in low-volatility conditions. This can be particularly useful for trend traders and those looking to refine their entry points based on intraday reversals.
Key Features:
- Customized Pip Thresholds for Yen Pairs:
The indicator is pre-configured for Yen pairs, where 1 pip is typically represented by 0.01. It applies these thresholds:
- Limited Range: 4 pips or less between open and close prices.
- High/Low Directionality: At least 3 pips from the close/open to the bar's high or low.
- Open/Close Proximity: 4 pips or less between open and close.
- Inside Bar Tolerance: A tolerance of 3 pips for inside bars, helping reduce false signals from bars contained within the previous bar's range.
- Session-Specific Alerts:
- The indicator allows you to enable alerts for the European Session (6:00-12:00), American Session (12:00-17:00), and London Close (17:00-20:00). You can adjust these times based on your own trading hours or timezone preferences via a time-shift setting.
- Receive real-time alerts when a valid bullish or bearish pivot bar is identified within the chosen sessions, allowing you to respond to potential trade opportunities immediately.
- Time Shift Customization:
- Adjust the "Time Shift" parameter to account for different time zones, ensuring accurate session alignment regardless of your local time.
How It Works:
1. Pivot Bar Identification:
The indicator scans for bars where the difference between the open and close is within the "Limited Range" threshold, and both open and close prices are close to either the high or the low of the bar.
2. Directional Filtering:
It requires the bar to show strong directional bias by enforcing an additional distance between the open/close levels and the opposite end of the bar (high/low). Only bars with this directional structure are considered for highlighting.
3. Exclusion of Inside Bars:
Bars that are completely contained within the range of the previous bar are excluded (inside bars), as are consecutive inside bars. This filtering is essential to avoid marking bars that typically indicate consolidation rather than potential pivot points.
4. Session Alerts:
When a valid pivot bar appears within the selected sessions, an alert is triggered, notifying the trader of a potential trading signal. Bullish and bearish signals are differentiated based on whether the close is near the high or low.
How to Use:
- Trend Reversals: Use this indicator to spot potential trend reversals or pullbacks on a 5-minute chart, especially within key trading sessions.
- Entry and Exit Points: Highlighted bars can serve as potential entry points for traders looking to capitalize on short-term directional changes or continuation patterns.
- Combine with Other Indicators: Consider pairing this tool with momentum indicators or trendlines to confirm the signals, providing a comprehensive analysis framework.
Default Parameters:
- Limited Range: 4 Pips
- High/Low Directionality: 3 Pips
- Open/Close Proximity: 4 Pips
- Inside Bar Tolerance: 3 Pips
- Session Alerts: Enabled for European, American, and London Close sessions
- Time Shift: Default 6 (adjustable to align with different time zones)
This indicator is specifically optimized for Yen pairs on 5-minute charts due to its pip calculation.
Candlesticks Patterns [TradingFinder] Pin Bar Hammer Shooting🔵 Introduction
Truly, the title "TradingView" doesn't do justice to this excellent website, and that's why I've written about its crucial aspect. In this indicator, the identification of all candlesticks known as "Pin bars" is explored.
These candlesticks include the following:
- Hammer : A Pin bar formed at the end of a bearish trend, with its body being either bearish or bullish.
- Shooting Star : Formed at the end of a bullish trend, with its body being either bearish or bullish.
- Hanging Man : Formed during an upward trend, characterized by a candle with a lower shadow.
- Inverted Hammer : Formed during a downward trend, characterized by a candle with an upper shadow.
🟣 Important : For ease of use, we refer to these four candlestick patterns as Pin Bars and categorize them into the main friends "Bullish" and "Bearish."
🟣 Important : In all sources, Hanging Man and Inverted Hammer are referred to as "Reversal candles." However, in reality, whenever they appear after breaking a significant area (Break Out), we expect these candles to signal a continuation of the trend and confirmation in the direction of the trend.
🟣 Important : One of the best signs of market manipulation and entry by market giants is the "Ice Berg." So, it provides one of the best trading opportunities.
🔵 Reason for Creation
Many traders, especially volume traders, use Pin bars as confirmation and enter the market after their occurrence. In this indicator, all four patterns are identified and displayed in a colored candle format, using "triangle" and "circle."
When they are evident on the chart, directly or by drawing a horizontal line, they give us good alerts for reversal or continuation areas.
🔵 Information Table
1. Red circle: Pin bars formed in a downtrend.
2. Blue circle: Bullish Pin bars formed in an uptrend.
3. Black triangle: Bearish Pin bar candle in an uptrend.
4. Blue triangle: Bullish Pin bar candle in a downtrend.
🔵 Settings
Trend Detection Period: A special feature that considers smaller or larger fluctuations. If individual price waves need to be considered, use lower numbers; if the overall trend direction is desired, use larger numbers (e.g., 5-7 or higher). This precisely sets the Zigzag or Pivot format, not displayed but considered in the indicator calculation.
Trend Effect : By changing the Trend Effect status to "Off," all Pin bars, whether bullish or bearish, are displayed regardless of the current market trend. If the status remains "On," only Pin bars in the direction of the main market trend are shown.
🟣 Important : Black triangles "Number 3" and blue triangles "Number 4" displayed in the information table section, as explained in the "Information Table" section.
Show Bullish Pin Bar : When set to "Yes," displays bullish Pin bars; when set to "No," does not display them.
Show Bearish Pin Bar : When set to "Yes," allows the display of bearish Pin bars; when set to "No," does not display them.
Bullish Pin Bar Setting : Using the "Ratio Lower Shadow to Body" and "Ratio Lower Shadow to Higher Shadow" settings, you can customize your bullish Pin bar candles. Larger numbers impose stricter conditions for identifying bullish Pin bars.
Bearish Pin Bar Setting : Using the "Ratio Higher Shadow to Body" and "Ratio Higher Shadow to Lower Shadow" settings, you can customize your bearish Pin bar candles. Larger numbers impose stricter conditions for identifying bearish Pin bars.
Show Info Table : Allows the display or non-display of the information table (located at the bottom of the page and on the right side).
🔵 How to Use
At the end of a downtrend, look for "Hammer" candles, easily identified one by one.
To identify the "Shooting Star" candle pattern at the end of an uptrend; expect a price reversal in the downtrend.
For trades in the downward direction, wait for the formation of an "Inverted Hammer" Pin bar.
And finally, in an uptrend, where a "Hanging Man" candle can form.
🔵 Features
For better visualization, triangles and circles are used above the candles, but they can be easily removed. All Pin bars are displayed in color with the following meanings:
- Black-bodied candle: Inverted Hammer
- Turquoise blue candle: Hammer
- Pink candle: Hanging Man
- Red candle: Shooting Star
🟣 Important : The capability to detect the powerful two-candle pattern "Tweezer Top" at the end of an uptrend emerges by forming two "Shooting Star" candles side by side.
Similarly, the two-candle pattern "Tweezer Bottom" is created at the end of a downtrend with the formation of two "Hammer" candles side by side. To identify the "Tweezer" pattern, make sure the settings in the "Trend Effect" section are set to "Off."
🟣 Auxiliary Indicators
During the start of trading sessions such as Asia, London, and New York, where the highest liquidity exists, alongside this indicator, you can use the Trading Sessions indicator.
Sessions
The combination of Order Blocks "-OB" and "+OB" with candles is one of the best trading methods. The indicator that identifies order blocks, along with this indicator, can yield remarkable results in the success of Pin bar candles.
Order Blocks Finder
The trading toolset "TFlab" presents this indicator. To benefit from all indicators, we invite you to visit our page " TFlab Scripts ".
Volume Pressure BarsDescription
This indicator transforms the normal volume bars into buying and selling segments. This allows the user to easily see how much buying and selling pressure is occurring on any given timeframe. The buying and selling pressure values are calculated using the following equations:
buyingPressure = volume * (close - low) / (high - low)
sellingPressure = volume * (high - close) / (high - low)
Moving Average Line
Also included in this indicator is the optional moving average line. This allows the user to easily see if volume is above or below the average line. All aspects of the moving average line can be adjusted. The line can be toggled on & off, the length of the moving average can be adjusted, the mathematical smoothing function can be chosen, and the color & style of the line can be configured.
Scaling
If the volume pressure bars are displayed on the same “pane” as the price candles, then the volume bars can be scaled up or down. In the Input settings check the “Scale Bars” checkbox. Then increase the “Scaling Factor” number to make all of the volume bars smaller (to allow more room on your chart) or decrease the number to make the volume bars bigger.
IMPORTANT NOTE #1: scaling only works when the volume pressure bars are in the same pane as the price candles. If the volume pressures bars are in their own pane, then the “Scale Bars” toggle has no effect.
IMPORTANT NOTE #2: if the volume pressure bars are in the same pane as the price candles then there will be a sizable gap between the bottom of the volume bars and the time axis on the TradingView chart. This IS NOT a bug in this indicators code. The gap IS a bug in the TradingView platform that affects all volume indicators besides the default volume indicator that comes with each blank chart. To remove the gap then move the “_Vol Bars” indicator to its own pane above or below the main pain.
Volume Numbers
In Pine Script there is not a true stacked bar chart plot. What the author has to use are multiple bar charts that are in front and behind each other. This gives the impression that the bars are truly stacked because the selling pressure is always smaller than the total volume on any given bar. There is no issue to visually look at the bars and see their heights but if the user used their cursor to hover on a bar to get the actual volume pressure values it leads to issues. To address this problem the author has created a third invisible bar called “Buy Vol Label” that is the buy pressure volume value. Thus when the user hovers the cursor over a bar the first value (from left to right) is the total volume for the bar, the second value is the sell pressure, the third value is the buy pressure, and the fourth value (if toggled on) is the moving average value.
quantized pin bar indicator with ATRAbstract
This script computes the strength of pin bars.
This script uses the corrent and the previous two bars to compute the strength of pin bars.
The strength of pin bars can be also comared with average true range, so we can evaluate those pin bars are strong or weak.
Introduction
Pin bar is a popular price action trading strategy.
It is based on quick price rejection.
Most of existing pin bar scripts only determine if a bar is a pin bar or not.
However, evaluating the strength of pin bars is important.
If price rejection is too weak, it is difficult to trigger trend reversal.
If a pin bar is too strong, we may enter the trade too late and cannot have good profit.
In this script, it provides a method to compute to strength of pin bars.
After the strength of pin bars are quantized, they can compare with average true range, price range and trend strength, which can help us to determine where are worthy for us to open trades.
Computation
Bullish hammer : current low is lower than ( previous high or current open ) and current close.
Bearish gravestone : current high is higher than ( previous low or current open ) and current close.
Bullish engulfing and harami : ( current low or previous low ) is lower than ( previous 2nd high or previous open ) and current close.
Bearish engulfing and harami : ( current high or previous high ) is higher than ( previous 2nd low or previous open ) and current close.
Parameters
Smoothing : the type of computing average.
Length of ATR : determines the number of true ranges for computing average true range.
ATR multiplier line : the threshould that a pin bar is strong enough. For example, if this value is 0.5, it means a pin bar with 0.5*atr or more is considered a strong pin bar.
one direction pinbar : set to 1 if you want the strength of bullish pin bars and bearish pin bars are cancelled. Set to 0 if you want to keep both strength of bullish pin bars and bearish pin bars; in this case, you may need to change the plot style to make both strength visible.
Trading Suggestions
Evaluate the strength of trend against pin bars. After all, a single reverse pin bar may be too weak to reverse the trend.
Timeframe : if atr is higher than 4*spread, the timeframe is high enough. However, if strong pin bars appear too frequent or price range is too small, going to higher fimeframe may be more safe.
Entry and exit : according to personal flavors.
Conclusion
The strength of pin bars can be quantized.
With this indicator, we can find more potential pin bars which human eyes and binary pattern detectors were leaked.
In my opinion, 0.5*atr is the most suitable streng of a pin bar for my trade entry but I still need to consider the direction of the trend.
You are welcome to share your settings and related trading strategy.
References
Most of related knowledge can be searched from the internet.
I cannot say the exact references because they may violate the rules of Tradingview.
Lucy – 3-Bar Reversal with EMA50 Trend Filter📛 Lucy – 3-Bar Reversal with EMA50 Trend Filter
Purpose:
To detect and highlight bullish and bearish 3-bar reversal patterns on the chart, but only when they align with the dominant trend, defined by the EMA 50.
✅ How It Works
🟢 Bullish 3-Bar Reversal (Buy Setup):
Bar 1 is bearish (close < open)
Bar 2 makes a lower low than Bar 1
Bar 3 is bullish (close > open) and closes above Bar 2’s high
Price must be above EMA 50 (trend filter)
✅ Result: Shows a green triangle below the bar
🔴 Bearish 3-Bar Reversal (Sell Setup):
Bar 1 is bullish (close > open)
Bar 2 makes a higher high than Bar 1
Bar 3 is bearish (close < open) and closes below Bar 2’s low
Price must be below EMA 50
✅ Result: Shows a red triangle above the bar
📊 What It Plots:
🔼 Green triangle below bullish signal bar
🔽 Red triangle above bearish signal bar
🟠 Orange line = EMA50 (trend filter)
🔔 Built-in Alerts:
You’ll get an alert if:
A bullish reversal pattern forms above EMA50
A bearish reversal pattern forms below EMA50
🧠 Use Cases:
Great for trend-following traders who want clean, price-action entries
Works well on intraday (15m/1h) or swing (4h/daily) timeframes
Can be used for manual entries, or converted to strategy for automation
Hippo Battlefield - Bulls VS Bears 20 bars## Hippo Battlefield – Bulls VS Bears (20 Bars)
**What it is**
A multi-dimensional momentum-and-sentiment oscillator that combines classic Bull/Bear Power with ATR- or peak-normalization, then layers on RSI and MACD-derived metrics into:
1. **A colored bar series** showing net Bull+Bear Power strength over the last 20 bars,
2. **A dynamic table** of each of those 20 BBP values (grouped into four 5-bar “quartals”), with symbols, per-bar change, and rolling averages, and
3. **A composite “Weighted BBP” histogram** blending normalized RSI, MACD, and BBP into a single view.
---
### Key Inputs
- **Length (EMA)** – look-back for the underlying EMA (default 60)
- **Normalization Length** – look-back window for peak-normalization (default 60)
- **Use ATR for Norm.** – toggle ATR-based normalization vs. highest-abs(BBP)
- **Show Tables** – toggle the bottom-right 21×11 grid of raw and average BBP values
---
### What You See
#### 1. Colored Bars (Overlay = false)
- Bars are colored by normalized BBP intensity:
- Extreme Bull (≥+10): deep blue
- Strong Bull (+5 to +10): green/yellow
- Weak Bull (+0 to +5): dark green
- Weak Bear (–0 to –5): dark red
- Strong Bear (–5 to –10): pink/red
- Extreme Bear (<–10): magenta
#### 2. Bottom-Right Table (20 Bars of Data)
- Divided into four columns (0–4, 5–9, 10–14, 15–19 bars ago) and one “average” row.
- Each cell shows:
1. Bar index (1–20),
2. Normalized BBP value (to four decimals),
3. Direction symbol (↑/↓/=),
4. Bar-to-bar change (± value),
5. A separator “|”.
- At the very bottom, each column’s 5-bar average is displayed as “Avg: X.XXXX” with a dot marker.
#### 3. Top-Center Mini-Table
- When ≥20 bars have elapsed, shows the date at 20 bars ago and the average BBP across the full 20-bar window.
#### 4. Normalized RSI Line
- Rescales the classic 14-period RSI into a –20…+20 band to align with BBP.
#### 5. MACD Lines (Hidden) & Composite Histogram
- MACD and signal lines are calculated but not plotted by default.
- A “Weighted BBP” histogram combines:
- 20% normalized RSI,
- 20% average of (MACD + signal + normalized BBP),
- 60% normalized BBP
- Plotted as columns, color-coded by strength using the same palette as the main bars.
#### 6. Middle Reference Line
- A horizontal zero line to anchor over/under-zero readings.
---
### How to Use It
- **Trend confirmation**: Strong blue/green bars alongside a rising histogram suggest bull conviction; strong reds/magentas signal bear dominance.
- **Divergence spotting**: Watch for price making new highs/lows while BBP or the histogram fails to follow.
- **Quartal analysis**: The 5-bar group averages can reveal whether recent momentum is accelerating or waning.
- **Cross-indicator weighting**: Because RSI, MACD, and raw BBP all feed into the final histogram, you get a smoothed, blended view of momentum shifts.
---
**Tip:** Tweak the EMA and normalization length to suit your preferred timeframe (e.g. shorter for intraday scalps, longer for swing trades). Enable/disable the table if you prefer a cleaner pane.
3-Bar (Outside Bar) Scanner with Table Display# 3-Bar (Outside Bar) Scanner with Table Display
## Overview
The **3-Bar (Outside Bar) Scanner with Table Display** is a custom TradingView indicator designed for traders who utilize **The Strat** methodology. This indicator scans for **3-bar (Outside Bar)** patterns across multiple symbols and displays the results in a convenient table format directly on your chart.
## Purpose
- **Efficient Multi-Symbol Scanning**: Monitor up to four symbols simultaneously for 3-bar patterns without the need to switch between charts.
- **Real-Time Updates**: The table dynamically updates with new price data, providing immediate insights into potential trading opportunities.
- **Visual Clarity**: Displays whether a 3-bar is bullish ("3 Up") or bearish ("3 Down"), helping you quickly interpret market sentiment.
## How It Works
- **Data Retrieval**: The indicator uses `request.security()` to fetch high, low, open, and close prices for the specified symbols and timeframe.
- **3-Bar Detection**:
- **Outside Bar Criteria**: Checks if the current candle's high is higher than the previous candle's high and the current low is lower than the previous low.
- **Direction Determination**:
- **"3 Up"**: If the candle closes higher than it opens (bullish candle).
- **"3 Down"**: If the candle closes lower than it opens (bearish candle).
- **Table Display**:
- The table shows the **Symbol**, **Timeframe**, and **State** ("3 Up", "3 Down", or blank if no pattern detected).
- Customizable colors and positioning to fit your chart's aesthetics.
## Best Use Cases
- **Rapid Market Analysis**: Ideal for traders needing a quick overview of multiple assets for potential 3-bar setups.
- **Strategic Decision-Making**: Helps identify key reversal or continuation patterns in alignment with **The Strat** principles.
- **Scalable Monitoring**: By utilizing TradingView's multi-chart layouts, you can expand monitoring beyond four symbols.
## Instructions for Use
### Adding the Indicator to Your Chart
1. **Copy the Code**: Use the provided Pine Script code for the indicator.
2. **Create a New Indicator**:
- In TradingView, click on **Pine Editor** at the bottom of the platform.
- Paste the code into the editor.
3. **Save and Add to Chart**:
- Click **Save** and give your indicator a name.
- Click **Add to Chart** to apply it.
### Customizing the Inputs
- **Symbols**:
- **Symbol 1**: Leave blank to use the current chart's symbol or enter a specific symbol (e.g., `AAPL`).
- **Symbol 2 to Symbol 4**: Enter additional symbols or leave them blank.
- **Timeframe**: Select your desired timeframe (e.g., `D` for Daily, `60` for 60-minute).
- **Table Colors**:
- Customize header and data colors for better visibility against your chart background.
### Interpreting the Table
- **Symbol**: Displays the symbol without the exchange prefix for clarity.
- **Timeframe**: Shows the timeframe applied to the analysis.
- **State**:
- **"3 Up"**: A bullish outside bar where the candle closed higher than it opened.
- **"3 Down"**: A bearish outside bar where the candle closed lower than it opened.
- **Blank**: No 3-bar pattern detected on the latest candle.
### Monitoring More Than Four Symbols
- **Multi-Chart Layout**:
- Use TradingView's multi-chart feature to display multiple charts within a single workspace.
- Apply the indicator to each chart. For example:
- **Four-Chart Grid**: Monitor up to 16 symbols by setting up four charts, each with the indicator tracking four symbols.
- **Steps**:
1. Arrange your workspace into a multi-chart layout.
2. Add the indicator to each chart.
3. Input different symbols into the indicator on each chart.
## Example Usage
Suppose you want to monitor the following symbols on a Daily timeframe:
- **Symbol 1**: *(Leave blank to use the current chart's symbol, e.g., `SPY`)*
- **Symbol 2**: `AAPL`
- **Symbol 3**: `TSLA`
- **Symbol 4**: `AMZN`
After adding the indicator and entering these symbols:
- **SPY**: The table shows "3 Up" in the State column, indicating a bullish outside bar.
- **AAPL**: No 3-bar pattern detected; the State column is blank.
- **TSLA**: The table shows "3 Down," indicating a bearish outside bar.
- **AMZN**: The table shows "3 Up," indicating another bullish outside bar.
This setup allows you to quickly assess which symbols are exhibiting significant patterns that may warrant further analysis or action.
## Notes
- **Customization**: Feel free to adjust the table's position and colors to suit your preferences.
- **Limitations**:
- Be aware of TradingView's limitations on `request.security()` calls, which may vary based on your subscription plan.
- The indicator is designed to monitor up to four symbols per instance due to these limitations.
- **Scalability**:
- By using multi-chart layouts, you can effectively monitor more symbols without overloading a single chart.
- This approach allows you to scale up your monitoring capabilities to fit your trading strategy.
## Conclusion
The **3-Bar (Outside Bar) Scanner with Table Display** is a valuable tool for traders who utilize **The Strat** methodology. It streamlines the process of identifying key 3-bar patterns across multiple symbols and timeframes, enhancing your ability to make informed trading decisions quickly.
By integrating this indicator into your trading routine, you can:
- Stay alert to significant market movements.
- Reduce the time spent manually scanning charts.
- Increase efficiency in executing your trading strategy.
---
Feel free to share this indicator with the Strat community. Feedback and suggestions are welcome to further enhance its functionality. Happy trading!
EagleVision.V33 - Inside Pin Bar EagleVision.V33 is a specialized indicator designed for traders who focus on price action. It detects and highlights the Inside Pin Bar candle pattern, a key signal that can indicate potential market reversals or trend continuations. This tool is invaluable for traders who rely on precise candlestick patterns to make data-driven decisions.
Features:
• Customizable Pattern Highlighting: EagleVision.V33 allows traders to choose custom colors to highlight Inside Pin Bar patterns directly on the chart. This makes identifying critical trading signals straightforward, even in busy market conditions.
• Pin Bar Candle Customization: Beyond just highlighting, the indicator enables users to change the color of the detected pin bar itself, ensuring that crucial patterns are immediately visible and easy to track.
• Versatile Timeframe Application: The indicator can be applied across various timeframes, from intraday (1 minute, 5 minutes) to longer-term charts (daily, weekly). Users can easily switch between timeframes within the settings, making it adaptable to different trading strategies.
• Enhanced Visual Clarity with Background Highlighting: For traders who prefer additional emphasis, EagleVision.V33 offers an option to apply a background color that highlights the entire region where the Inside Pin Bar pattern is detected.
How It Works:
• Inside Bar Identification: The indicator first identifies an Inside Bar, where a candle’s high and low fall within the range of the preceding candle (the mother bar). This is a foundational pattern in price action trading.
• Pin Bar Detection: It then checks if the candle is a Pin Bar, characterized by a small body and a prominent wick (either upper or lower), which typically signals potential market turning points.
• Pattern Highlighting & Visualization: Upon detecting both conditions (Inside Bar and Pin Bar), EagleVision.V33 highlights the pattern using customizable shapes and colors, and optionally applies a background shade to further enhance visibility.
Use Cases:
• Reversals at Key Levels: The Inside Pin Bar pattern often appears at significant support or resistance levels, signaling potential reversals. EagleVision.V33 helps traders spot these opportunities early.
• Trend Continuations: In trending markets, this pattern can confirm the continuation of a trend, providing traders with the confidence to hold positions or enter new ones.
Customization Options:
• Pattern Highlight Color: Choose a distinct color for the label or shape that marks the Inside Pin Bar pattern, making it stand out against other chart elements.
• Pin Bar Candle Color: Customize the color of the Pin Bar itself, ensuring that it is immediately recognizable on the chart.
• Background Highlighting: Optionally apply a background color to the chart area where the pattern is detected, further enhancing visual clarity and making it easier to spot potential trading opportunities.
Why EagleVision.V33 Stands Out:
EagleVision.V33 is not just another pattern detection tool; it’s engineered for precision and clarity, with highly customizable features that cater to the unique needs of price action traders. By combining both Inside Bar and Pin Bar detection, it offers a powerful edge, providing traders with actionable insights directly on their charts.
Inside Bar Setup [as]Inside Bar Setup Indicator Description
The **Inside Bar Setup ** indicator is a powerful tool for traders to identify and visualize inside bar patterns on their charts. An inside bar pattern occurs when the current candle's high is lower than the previous candle's high, and the current candle's low is higher than the previous candle's low. This pattern can indicate a potential breakout or a continuation of the existing trend.
Key Features:
1. **Highlight Inside Bar Patterns:**
- The indicator highlights inside bar patterns with distinct colors for bullish and bearish bars. Bullish inside bars are colored with the user-defined bull bar color (default lime), and bearish inside bars are colored with the user-defined bear bar color (default maroon).
2. **Marking Mother Candle High and Low:**
- The high and low of the mother candle (the candle preceding the inside bar) are marked with horizontal lines. The high is marked with a green line, and the low is marked with a red line.
- These levels are labeled as "Range High" and "Range Low" respectively, with the labels displayed a few bars to the right for clarity. The labels have a semi-transparent background for better visibility.
3. **Target Levels:**
- The indicator calculates and plots potential target levels (T1 and T2) for both long and short positions based on user-defined multipliers of the mother candle's range.
- For long positions, T1 and T2 are plotted above the mother candle's high.
- For short positions, T1 and T2 are plotted below the mother candle's low.
- These target levels are optional and can be toggled on or off via the input settings.
4. **Customizable Inputs:**
- **Colors:**
- Bull Bar Color: Customize the color for bullish inside bars.
- Bear Bar Color: Customize the color for bearish inside bars.
- **Long Targets:**
- Show Long T1: Toggle the display of the first long target.
- Show Long T2: Toggle the display of the second long target.
- Long T1: Multiplier for the first long target above the mother candle's high.
- Long T2: Multiplier for the second long target above the mother candle's high.
- **Short Targets:**
- Show Short T1: Toggle the display of the first short target.
- Show Short T2: Toggle the display of the second short target.
- Short T1: Multiplier for the first short target below the mother candle's low.
- Short T2: Multiplier for the second short target below the mother candle's low.
5. **New Day Detection:**
- The indicator detects the start of a new day and clears the inside bar arrays, ensuring that the pattern detection is always current.
#### Usage:
- Add the indicator to your TradingView chart.
- Customize the inputs to match your trading strategy.
- Watch for highlighted inside bars to identify potential breakout opportunities.
- Use the marked range highs and lows, along with the calculated target levels, to plan your trades.
This indicator is ideal for traders looking to capitalize on inside bar patterns and their potential breakouts. It provides clear visual cues and customizable settings to enhance your trading decisions.
Note:
This indicator is based on famous 15 min inside bar strategy shared by Subashish Pani on his youtube channel Power of stocks. Please watch his videos to use this indicator for best results.
VPoC per barThis study prints the current bar VPoC as an horizontal line.
It's aimed originally at BTCUSDT pair and 15m timeframe.
HOW IT WORKS
Zoom In mode: This is the default mode.
The study zooms in into the latest 15 1-minute bar candles in order to calculate the 15 minute candle VPoC.
Zoom Out mode: The VPoC from the last n bars from the current timeframe that match desired timeframe is shown on each bar.
In either case you are recommended to click on the '...' button associated to this study
and select 'Visual Order. Bring to Front.' so that it's properly shown in your chart.
HOW IT WORKS - Zoom In mode
Make sure that '(VP) Zoom into the VP timeframe' setting is set to true.
Choose the zoomed in timeframe where to calculate VPoC from thanks to the '(VP) Zoomed timeframe {1 minute}' setting.
Change '(VP) Zoomed in timeframe bars per current timeframe bar {15}' to its appropiated value. You just need to divide the current timeframe minutes per the zoomed in timeframe minutes per bar. E.g. If you are in 60 minute timeframe and you want to zoom in into 5 minute timeframe: 60 / 5 = 12 . You will write 12 here.
HOW IT WORKS - Zoom Out mode
Make sure that '(VP) Zoom into the VP timeframe' setting is set to false.
If you are using the Zoom out mode you might want to set '(VP) Print VPoC price as discrete lines {True}' to false.
Either choose the zoommed out timeframe where to calculate VPoC from thanks to the '(VP) Zoomed timeframe {1 minute}' setting or turn on the '(VP) Use number of bars (not VP timeframe)' setting in order to use '(VP) Number of bars {100}' as a custom number of bars.
WARNING - Zoom In mode last bar
The way that PineScript handles security function in last bar might result on the last bar not being accurate enough.
SETTINGS
__ SETTINGS - Volume Profile
(VP) Zoomed timeframe {1 minute}: Timeframe in which to zoom in or zoom out to calculate an accurate VPoC for the current timeframe.
(VP) Zoomed in timeframe bars per current timeframe bar {15}: Check 'HOW IT WORKS - Zoom In mode' above. Note : It is only used in 'Zoom in' mode.
(VP) Number of bars {100}: If 'Use number of bars (not VP timeframe)' is turned on this setting is used to calculate session VPoC. Note : It is only used in 'Zoom out' mode.
(VP) Price levels {24}: Price levels for calculating VPoC.
__ SETTINGS - MAIN TURN ON/OFF OPTIONS
(VP) Print VPoC price {True}: Show VPoC price
(VP) Zoom into the VP timeframe: When set to true the VPoC is calculated by zooming into the lower timeframe. When set to false a higher timeframe (or number of bars) is used.
(VP) Realtime Zoom in (Beta): Enable real time zoom for the last bar. It's beta because it would only work with zoomed in timeframe under 60 minutes. And when ratio between zoomout and zoomin is less than 60. Note : It is only used in 'Zoom in' mode.
(VP) Use number of bars (not VP timeframe): Uses 'Number of bars {100}' setting instead of 'Volume Profile timeframe' setting for calculating session VPoC. Note : It is only used in 'Zoom out' mode.
(VP) Print VPoC price as discrete lines {True}: When set to true the VPoC is shown as an small line in the center of each bar. When set to the false the VPoC line is printed as a normal line.
__ SETTINGS - EXTRA
(VP) VPoC color: Change the VPoC color
(VP) VPoC line width {1}: Change VPoC line width (in pixels).
(VP) Use number of bars (not VP timeframe): Uses 'Number of bars {100}' setting instead of 'Volume Profile timeframe' setting for calculating session VPoC. Note : It is only used in 'Zoom out' mode.
(VP) Print VPoC price as discrete lines {True}: When set to true the VPoC is shown as an small line in the center of each bar. When set to the false the VPoC line is printed as a normal line.
CREDITS
I have reused and adapted some code from
"Poor man's volume profile" study
which it's from TradingView IldarAkhmetgaleev user.
Range Bar Gaps DetectorRange Bar Gaps Detector
Overview
The Range Bar Gaps Detector identifies price gaps across multiple range bar sizes (12, 24, 60, and 120) on any trading instrument, helping traders spot potential support/resistance zones or breakout opportunities. Designed for Pine Script v6, this indicator detects gaps on range bars and exports data for use in companion scripts like Range Bar Gaps Overlap, making it ideal for multi-timeframe gap analysis.
Key Features
Multi-Range Gap Detection: Identifies gaps on 12, 24, 60, and 120-range bars, capturing both bullish (gap up) and bearish (gap down) price movements.
Customizable Sensitivity: Includes a user-defined minimum deviation (default: 10% of 14-period SMA) for 12-range gaps to filter out noise.
7-Day Lookback: Automatically prunes gaps older than 7 days to focus on recent, relevant price levels.
Data Export: Serializes up to 10 gaps per range (tops, bottoms, start bars, highest/lowest prices, and age) for seamless integration with overlap analysis scripts.
Debugging Support: Plots gap counts and aggregation data in the Data Window for easy verification of detected gaps.
How It Works
The indicator aggregates price movements to simulate higher range bars (24, 60, 120) from a base range bar chart. It detects gaps when the price jumps significantly between bars, ensuring gaps meet the minimum deviation threshold for 12-range bars. Gaps are stored in arrays, serialized for external use, and pruned after 7 days to maintain efficiency.
Usage
Add to your range bar chart (e.g., 12-range) to detect gaps across multiple ranges.
Use alongside the Range Bar Gaps Overlap indicator to visualize gaps and their overlaps as boxes on the chart.
Check the Data Window to confirm gap counts and sizes for each range (12, 24, 60, 120).
Adjust the "Minimal Deviation (%) for 12-Range" input to control gap detection sensitivity.
Settings
Minimal Deviation (%) for 12-Range: Set the minimum gap size for 12-range bars (default: 10% of 14-period SMA).
Range Sizes: Fixed at 24, 60, and 120 for higher range bar aggregation.
Notes
Ensure the script is published under your TradingView username (e.g., GreenArrow2005) for use with companion scripts.
Best used on range bar charts to maintain consistent gap detection.
For advanced overlap analysis, pair with the Range Bar Gaps Overlap indicator to highlight zones where gaps from different ranges align.
Ideal For
Traders seeking to identify key price levels for support/resistance or breakout strategies.
Multi-timeframe analysts combining gap data across various range bar sizes.
Developers building custom indicators that leverage gap data for advanced charting.
TPO[Fixed Range, Anchored, Bars Back]TPO Bars Back, Fixed Range and Anchored
Overview
The TPO Profile (Time Price Opportunity Profile) is a powerful market profile indicator that displays the amount of time price spent at different levels during a specified period. Unlike traditional volume profile indicators that show volume distribution, TPO Profile shows time distribution , providing insights into where price has spent the most time and identifying key support and resistance levels.
Key Advantages Over TradingView's Built-in TPO
Simplified Composite Creation : Automatically creates TPO profiles for any time range without manual split/merge operations
Instant Value Area Calculation : Immediately shows Value Area, POC, VAH, and VAL for your selected period
No Manual Assembly Required : TradingView's native TPO requires you to manually split sessions and merge them to create composites - this indicator does it automatically
Flexible Time Ranges : Create composites for any custom time period (multiple days, weeks, specific events) with a few clicks
Real-time Composite Updates : Anchor mode creates live composites that update as new data arrives
Multiple Composite Analysis : Easily compare different time periods without the tedious manual process
Key Features
Core Functionality
Time-Based Analysis : Shows time spent at each price level rather than volume
Configurable Time Blocks : Use any timeframe for TPO counting (30min, 1H, 4H, etc.)
Multiple Price Levels : Adjustable from 5 to 200 levels for granular analysis
Point of Control (POC) : Automatically identifies the price level with highest time activity
Value Area Calculation : Shows the price range containing 70% (configurable) of time activity
Automatic Composite Generation : Creates multi-session composites without manual intervention
Three Operating Modes
1. Bars Back Mode
Analyzes the last N bars from the current bar
Perfect for recent market activity analysis
Range: 10-500 bars
Use Case : Intraday analysis, recent session review
2. Fixed Range Mode
Analyzes a specific time period between start and end times
Ideal for historical analysis of specific events
Creates perfect composites for multi-day periods
Use Case : Earnings periods, news events, specific trading sessions, weekly/monthly composites
3. Anchor Mode (NEW)
Starts from a specific time and extends to the current bar
Dynamically updates as new bars form
Perfect for building live composites from any starting point
Use Case : Live session monitoring, event-based analysis from a specific point, growing composites
Visual Elements
TPO Bars
Horizontal bars showing time distribution at each price level
Longer bars = more time spent at that level
Color-coded to distinguish Value Area from outlying levels
Point of Control (POC)
Red line marking the price level with highest time activity
Most significant support/resistance level
Configurable line style (Solid/Dashed/Dotted) and width
Value Area High/Low (VAH/VAL)
Green and Orange lines marking the boundaries of the Value Area
Shows the price range containing the specified percentage of time activity
Optional display with customizable line styles
Single Print Detection
Identifies price levels touched by only one time block
Display options: Lines or Boxes
Purple color highlighting these significant levels
Often act as strong support/resistance in future trading
Customization Options
Time Block Configuration
Block Time : Choose timeframe for TPO counting (30min, 1H, 4H, etc.)
Allows analysis at different time granularities
Higher timeframes = broader perspective, Lower timeframes = finer detail
Visual Styling
Line Styles : Solid, Dashed, or Dotted for all line elements
Line Widths : 1-5 pixels for POC, VAH, and VAL lines
Colors : Fully customizable colors for all elements
Transparency : Adjustable transparency for better chart readability
Label Management
Show/Hide Labels : Toggle POC, VAH, VAL labels
Font Sizes : Tiny, Small, Normal, Large, Huge
Label Positioning : 8 different position options relative to lines
Offset Controls : Fine-tune label positioning
Line Extension
Level Offset Right : Controls how far lines extend
Smart extension logic:
Value ≤ 0: Infinite extension (extend.right)
Value ≥ 1: Extends exactly N bars ahead
Trading Applications
Support & Resistance
POC often acts as strong support/resistance
Value Area boundaries provide key levels
Single prints frequently become significant levels
Market Structure Analysis
Identify areas of price acceptance (thick TPO bars)
Spot areas of price rejection (thin TPO bars)
Understand where market participants are comfortable trading
Composite Profile Analysis
Create multi-day, weekly, or monthly composites instantly
Compare different composite periods without manual work
Analyze longer-term price acceptance levels
Build composites around specific events or announcements
Session Analysis
Monitor intraday session development in real-time
Compare different sessions (London, New York, Asia)
Track how profiles change throughout the trading day
Build live composites across multiple sessions
Event Analysis
Use Fixed Range mode for earnings, news events
Use Anchor mode to track price development from specific events
Compare pre/post event price acceptance levels
Create event-based composites automatically
Input Parameters
Mode Selection
Mode : Bars Back | Fixed Range | Anchor
Bars Back : Number of bars to analyze (10-500)
Start Time : Beginning time for Fixed Range and Anchor modes
End Time : Ending time for Fixed Range mode only
Analysis Configuration
Block Time : Timeframe for TPO blocks (e.g., "30" for 30-minute blocks)
TPO Levels : Number of price levels (5-200)
Value Area % : Percentage for Value Area calculation (50-95%)
Display Options
Show POC : Display Point of Control line
Show Value Area : Display Value Area box
Show VAH/VAL Lines : Display Value Area boundary lines
Show Single Prints : Display single print detection
Single Print Style : Lines or Boxes
Styling Controls
Colors : TPO, POC, Value Area, VAH, VAL, Single Print colors
Line Styles : POC, VAH, VAL line styles
Line Widths : POC, VAH, VAL line widths
Labels : Show/hide, font size, position, offset controls
Technical Details
Calculation Method
Divides the price range into equal levels based on TPO Levels setting
For each time block, determines which price levels it crosses
Adds +1 count to each crossed level
Identifies POC as the level with highest count
Calculates Value Area by expanding from POC until target percentage is reached
Performance Considerations
Historical data limited to prevent buffer overflow errors
Smart bounds checking for different timeframes
Optimized cleanup routines to prevent drawing object accumulation
Pine Script Version
Built on Pine Script v6
Uses modern Pine Script best practices
Efficient array handling and drawing object management
Best Practices
Timeframe Selection
Block Time = Chart Timeframe : Traditional TPO approach
Block Time > Chart Timeframe : Smoother, broader perspective
Block Time < Chart Timeframe : More granular, detailed analysis
Level Count Guidelines
Low levels (10-20) : Better for swing trading, major levels
High levels (50-100) : Better for scalping, precise entries
Very high levels (100+) : For very detailed analysis
Mode Selection
Bars Back : Daily analysis, recent activity
Fixed Range : Historical events, specific periods, manual composites
Anchor : Live monitoring, event-based analysis, growing composites
Composite Creation Workflow
Select Fixed Range or Anchor mode
Set your desired start time (and end time for Fixed Range)
Adjust TPO Levels for desired granularity
Enable VAH/VAL lines to see Value Area boundaries
The composite profile generates automatically with all key levels
This indicator eliminates the tedious manual process of creating composite TPO profiles in TradingView. Instead of splitting sessions and manually merging them, you get instant composite analysis with automatic Value Area calculation, POC identification, and single print detection. The combination of time-based analysis, multiple operating modes, and extensive customization options makes it a powerful tool for understanding market structure and price acceptance levels across any time period.
ATR for Aggregated Bars (2 Bars)Range Bar ATR Indicator: Detailed Description and Usage Guide
This script is a custom indicator designed specifically for Range Bar charts , tailored to help traders understand and navigate market conditions by utilizing the Average True Range (ATR) concept. The indicator adapts the traditional ATR to work effectively with Range Bar charts, where bars have a fixed range rather than being time-based.
How It Works
1. ATR Calculation on Range Bars :
- Unlike time-based charts, Range Bar charts focus on price movement within a fixed range.
- The indicator calculates ATR by pairing consecutive bars, treating every two bars as a single unit . This pairing ensures that the ATR reflects price movement effectively on Range Bar charts.
2. Short and Long Period ATR Values :
- The script displays two ATR values :
- A short-period ATR , calculated over a smaller number of paired bars.
- A long-period ATR , calculated over a larger number of paired bars.
- These values provide a dynamic view of both recent and longer-term market volatility.
Why Use This Indicator?
The primary goal is to provide a meaningful adaptation of the ATR indicator for Range Bar charts, allowing traders to make informed decisions similar to using ATR on traditional time-based charts.
Key Applications
Determine a Better Custom Range :
- Analyze the ATR values to choose an optimal range size for Range Bar charts, ensuring better alignment with market conditions.
Assess Market Volatility :
- Rising volatility : When the short-period ATR value is higher than the long-period value, it signals increasing volatility.
- Decreasing volatility : When the short-period ATR value is lower, it indicates declining volatility.
Risk and Stop Loss Management :
- Use the higher ATR value (e.g., the long-period ATR) to calculate minimum stop loss levels. Multiply the ATR by 1.5 or 2 to set a safe buffer against market fluctuations.
How to Use It
1. Add the script to a Range Bar chart.
2. Configure the short and long ATR periods to suit your trading style and preferences.
3. Observe the displayed ATR values:
- Use these values to analyze market conditions and adapt your strategy accordingly.
4. Apply insights from the ATR values for:
- Determining custom Range Bar settings.
- Evaluating volatility trends.
- Setting effective risk parameters like stop loss levels.
Benefits
- Provides a tailored ATR tool for Range Bar charts, addressing the unique challenges of fixed-range trading.
- Offers both short-term and long-term perspectives on volatility.
- Enhances decision-making for range settings, volatility analysis, and risk management.
This indicator bridges the gap between traditional ATR indicators and the specific needs of Range Bar chart users, making it a versatile tool for traders.
Price Time Filtering Bar CountThis script is designed to identify and visualize market trends by analyzing price action over a specified aggregation period. Detailed breakdown of its functionality:
Trend Identification
Uptrend Detection:
An uptrend is signaled when the closing price of the previous bar is higher than the high price from two bars ago.
Downtrend Detection:
A downtrend is indicated when the closing price of the previous bar is lower than the low price from two bars ago.
Trend Continuation:
If neither condition is met, the current trend continues from the previous bar.
Trend Counting
Counter Initialization:
A counter (count) keeps track of the number of consecutive bars in the current trend.
Counter Reset:
When a new trend is detected (change from uptrend to downtrend or vice versa), the counter resets to 1.
Counter Increment:
If the trend continues, the counter increments by 1 for each new bar in the same trend.
Visualization
BarCount Plot:
The BarCount variable represents the current count of trend bars.
Positive Values: Indicate the number of bars in an uptrend.
Negative Values: Indicate the number of bars in a downtrend.
Zero or na: Represents no clear trend or initialization phase.
Histogram Style:
The BarCount is plotted as a histogram, providing a visual representation of trend strength and duration.
Color Coding
Uptrend Color:
Bars and histogram columns are colored teal (or the color assigned to UptrendColor) when in an uptrend.
Downtrend Color:
Bars and histogram columns are colored orange (or the color assigned to DowntrendColor) when in a downtrend.
Customizable Coloring:
The paintBars input allows users to enable or disable the coloring of price bars according to the current trend.
Aggregation Period
User Input:
The aggregationPeriod input lets users specify a timeframe for the indicator's calculations.
If left empty, the indicator uses the chart's current timeframe.
Data Fetching:
The indicator retrieves close, high, and low prices based on the specified aggregation period using the request.security function.
How It Works Together
Data Retrieval:
The indicator fetches the necessary price data (secAggClose, secAggHigh, secAggLow) based on the chosen timeframe.
Trend Calculation:
It compares the previous closing price to the high and low prices from two bars ago to determine the current trend.
Trend Counting:
The counter tracks how many consecutive bars the market has been in the current trend.
Visualization and Coloring:
The BarCount is plotted as a histogram, with colors indicating the trend direction.
Optionally, the price bars on the chart are colored to match the trend for easier visualization.
Practical Use Cases
Trend Strength Assessment:
Traders can gauge the strength of a trend by observing the magnitude of the BarCount. A higher absolute value indicates a stronger, more prolonged trend.
Trend Reversals:
A reset in the counter (switch from positive to negative or vice versa) can signal a potential trend reversal, providing entry or exit points.
Momentum Trading:
By visualizing the duration of trends, momentum traders can identify optimal times to join a prevailing trend or anticipate its exhaustion.
Customization Options
Enable/Disable Bar Coloring:
Users can toggle the paintBars option to switch between a clean price chart and one that highlights trends with color.
Aggregation Period Adjustment:
Adjusting the aggregationPeriod allows analysis over different timeframes without changing the chart's main settings, offering flexibility in strategy development.
Conclusion
This indicator serves as a powerful tool for trend analysis by:
Quantifying Trend Duration: Helps understand how long a trend has persisted.
Visual Trend Representation: Offers immediate visual cues through histogram bars and color-coded price bars.
Flexible Configuration: Provides options to customize the timeframe and visual aspects to suit individual trading styles.
By integrating this indicator into your trading strategy, you can enhance your ability to identify trend patterns, assess their strength, and make more informed trading decisions based on trend dynamics.
Inside Bar with Swing PointsSwing Points with Inside Bar
This script combines swing point analysis with an inside bar pattern visualization, merging essential concepts to identify and visualize key price levels and potential trend reversals. This is especially useful for traders looking to understand price action through swing levels and reactions within inside bar boundaries, making it effective for short-term trend analysis and reversal zone identification.
Script Features:
Swing Point Analysis:
The script identifies swing points based on fractals with a configurable number of bars, allowing for a choice between three and five bars, helping traders fine-tune sensitivity to price movements.
Swing points are visualized as labels, highlighting potential reversal or continuation zones in the price chart.
Inside Bar Visualization:
Inside bars are defined as bars where both the high and low are contained within the previous bar. These often signal consolidation before a potential breakout.
The script displays boundaries of the mother bar (the initial bar encompassing inside bars) and colors candles accordingly, highlighting those within these boundaries.
This feature helps traders focus on price areas where a breakout or trend shift may occur.
Utility and Application:
The script enables traders to visualize inside bars and swing points, which is particularly useful for short-term traders focused on reversal or trend continuation strategies.
Combining swing point analysis with inside bar identification offers a unique approach, helping traders locate key consolidation zones that may precede significant price moves.
This provides not only strong support and resistance levels but also insights into probable breakout points.
How to Use the Script:
Set the number of bars for swing point analysis (3 or 5) to adjust fractal sensitivity.
Enable mother bar boundary visualization and color indication for inside bars to easily spot consolidation patterns.
Pay attention to areas with multiple swing points and inside bars, as these often signal potential reversal or breakout zones.
This script offers flexible tools for analyzing price movements through both swing analysis and consolidation zone identification, aiding decision-making under uncertainty and enhancing market structure understanding.
Three-Bar Reversal SignalThis indicator is a simple setup of Three Bar Reversal. Logic of the code is as below.
Rules :
Long Setup
Bar 1 closes down
Low of Bar 2 is below the low of Bar 1 (and Bar 3)
Bar 3 closes above the high of both Bar 1 and Bar 2
Buy at the close of Bar 3
Short Setup
Bar 1 closes up
High of Bar 2 is above the high of Bar 1 (and Bar 3)
Bar 3 closes below the low of both Bar 1 and Bar 2
Sell at the close of Bar 3
Three Bar Reversal Pattern [LuxAlgo]The Three Bar Reversal Pattern indicator identifies and highlights three bar reversal patterns on the user price chart.
The script also provides an option for incorporating various trend indicators used to filter out detected signals, allowing them to enhance their accuracy and help obtain a more comprehensive analysis.
🔶 USAGE
The script automates the detection of three-bar reversal patterns and provides a clear, visually identifiable signal for potential trend reversals.
When a reversal chart pattern is confirmed and price action aligns with the pattern, the pattern's boundaries are extended, forming levels, with the upper boundary often acting as a resistance and the lower boundary as a support.
The script allows users to filter patterns based on a specific trend direction detected by multiple trend indicators. Users can choose to view patterns that are either aligned with the detected trend or opposite to it.
Included trend indicators are: Moving Average Cloud, Supertrend, and Donchian Channels.
🔶 DETAILS
The three-bar reversal pattern is a technical analysis pattern that signals a potential reversal in the prevailing trend. The pattern consists of three consecutive bar formations:
First Bar and Second Bar: 2 consecutive of the same sentiment, representing the prevailing trend in the market.
Third Bar: Confirms the reversal by closing beyond the high or low of the first bar, signaling a potential change in market sentiment.
Various types of three-bar reversal patterns are documented. The script supports two main types:
Normal Pattern: Detects three-bar reversal patterns without requiring the third bar closing price to surpass the high (bullish pattern) or low (bearish pattern) of the first bar. It identifies basic formations signaling potential trend reversals.
Enhanced Pattern: Specifically identifies three-bar reversal patterns where the third bar closing price surpasses the high (bullish pattern) or low (bearish pattern) of the first bar. This type provides a more selective signal for stronger trend reversals.
🔶 SETTINGS
Pattern Type: Users can choose the type of 3-bar reversal patterns to detect: Normal, Enhanced, or All. "Normal" detects patterns that do not necessarily surpass the high/low of the first bar. "Enhanced" detects patterns where the third bar surpasses the high/low of the first bar. "All" detects both Normal and Enhanced patterns.
Derived Support and Resistance: Toggles the visibility of the support and resistance levels/zones.
🔹 Trend Filtering
Filtering: Allows users to filter patterns based on the trend indicators: Moving Average Cloud, Supertrend, and Donchian Channels. The "Aligned" option only detects patterns that align with the trend and conversely, the "Opposite" option detects patterns that go against the trend.
🔹 Trend Indicator Settings
Moving Average Cloud: Allows traders to choose the type of moving averages (SMA, EMA, HMA, etc.) and set the lengths for fast and slow-moving averages.
Supertrend: Options to set the ATR length and factor for Supertrend.
Donchian Channels: Option to set the length for the channel calculation.
🔶 RELATED SCRIPTS
Reversal-Candlestick-Structure .
Reversal-Signals .
Three Bar ReversalThis script was written to make it easier to discover three bar reversal patterns.
A three bar reversal occurs when these conditions are met:
Long Setup (Reversal Up)
1. Bar 1 closes down
2. Low of Bar 2 is below the low of Bar 1 and Bar 3
3. Bar 3 closes above the high of both Bar 1 and Bar 2
Short Setup (Reversal Down)
1. Bar 1 closes up
2. High of Bar 2 is above the high of Bar 1 and Bar 3
3. Bar 3 closes below the low of both Bar 1 and Bar 2
When this indicator is added to your chart, you will see "Reversal Up" or "Reversal Down" when one of the above conditions are met.
It is recommended to use the 1 minute time frame for short scalps and 5 minute time frame for longer held day trade positions.
This indicator also has an alert option.
To enable an alert:
1. Create a new alert
2. Set condition "Reversal" and "Any alert() function call"
3. Give the alert a unique name
It is good to have an alert for different tickers and different time frames!
When the alert is triggered, you will receive a message:
Reversal up on: ticker-ID-here
or
Reversal down on: ticker-ID-here
Never miss a trade setup again!
Inside Bars/Candles [CodeCraftedTrading]This Pine Script indicator is designed to identify and visually represent inside bars or candles. Here's a breakdown of its features and functionality:
1. Inputs:
insideCandlesColor: Color of the inside bars or candles.
highColor: Color of the horizontal line representing the high of the inside bar.
lowColor: Color of the horizontal line representing the low of the inside bar.
showHighLowLabel: Option to display labels for the high and low prices.
2. Logic:
The script checks for the conditions of an inside bar:
high < high and low > low
If an inside bar is detected and is not already in the range:
* Stores the high and low prices of the previous bar.
* Records the parent bar index and sets the broken flag to false.
If the current bar's high exceeds the stored high or the low falls below the stored low, the broken flag is set to true.
If the current bar is within the stored high and low range, it is considered in-range.
The script then dynamically plots horizontal lines at the high and low prices of the parent bar until the inside bar is broken.
3. Visualization:
The inside bars are colored based on the insideCandlesColor.
Horizontal lines are drawn at the high and low prices of the parent bar within the inside bar.
Optional labels display the rounded values of the high and low prices.
4. Usage:
Apply the script to your chart.
Adjust the input parameters according to your preferences.
The indicator will highlight inside bars with colored bars and draw lines representing the high and low prices. Labels are optional.
5. Note:
Inside bars are bars where the entire price range is within the high and low of the previous bar.
The script uses historical bar information and visualizes the inside bars dynamically on the chart.
