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ICT Single Candle Order Block (SCOB) [UAlgo]The "ICT Single Candle Order Block (SCOB) " designed for traders who utilize the concept of Order Blocks in their trading strategy. Order Blocks are significant price levels where institutions or smart money have placed their trades, leading to potential future price reactions when these levels are revisited. This indicator focuses on identifying and highlighting Single Candle Order Blocks (SCOBs), allowing traders to visually analyze key price levels on their charts. 🔶 What is Single Candle Order Block (SCOB) ? A Single Candle Order Block (SCOB) is a specific type of Order Block that is identified based on a single candlestick pattern. These patterns indicate potential areas where significant buying or selling interest has occurred, often leading to a notable price reaction when revisited. In the context of this indicator, a bullish SCOB is identified when a specific bullish candlestick pattern is met, and a bearish SCOB is identified based on a bearish candlestick pattern. Bullish SCOB: Detected when the open price of two bars ago is higher than its close, the close price of the previous bar is higher than its open, the current close price is higher than the open, the low of the previous bar is lower than the low of two bars ago, and the current close is higher than the high of the previous bar. Bearish SCOB: Detected when the open price of two bars ago is lower than its close, the close price of the previous bar is lower than its open, the current close price is lower than the open, the high of the previous bar is higher than the high of two bars ago, and the current close is lower than the low of the previous bar. 🔶 Key Features Show Single Candle Order Block (SCOB): Toggle the visibility of the Single Candle Order Blocks on the chart. Mitigation Method: Choose between "Close" and "Wick" methods for determining whether a SCOB has been mitigated (price has interacted with the block). Show Last X SCOBs: Control the number of most recent SCOBs displayed on the chart, allowing you to focus on the most relevant price levels. Volatility Filter: Enable or disable the volatility filter, which uses the Average True Range (ATR) to filter out less significant SCOBs. When enabled, only SCOBs with an ATR above the mean value of the ATR are displayed. Customizable Colors: Configure the colors for bullish and bearish SCOBs to enhance visual clarity. The indicator uses cooler RGB values to ensure the blocks are distinct and easily noticeable. 🔶 Disclaimer The "ICT Single Candle Order Block (SCOB) " indicator is provided for educational and informational purposes only. Trading involves significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should use this indicator in conjunction with their own research and trading strategy.
Penunjuk Pine Script®
oleh UAlgo
29
ADX and DI (Colored Candles Open-Source)The "ADX and DI (Colored Candles Open-Source)" indicator is a technical analysis tool used in trading. It utilizes the Average Directional Index (ADX) and the Directional Movement Indicators (+DI and -DI) to assess the strength and direction of a price trend. The ADX is calculated based on a 14-period lookback and is displayed as a histogram. The color of the ADX histogram varies depending on the ADX value and the relative positions of +DI and -DI. Green and purple colors represent bullish and bearish trends respectively, with variations in shades indicating trend strength. Yellow and red colors indicate potential trend exhaustion for bullish and bearish trends, respectively, when ADX is above 50. Gray color is used when ADX is below 10, indicating a neutral trend. Additionally, the script plots +DI and -DI lines with a fill between them to visually represent their crossover. Horizontal dotted lines are drawn at key ADX levels (0, 10, 25, 50) for reference. The candles on the chart are also colored to match the ADX histogram, providing a clear visual representation of the market trend.
Penunjuk Pine Script®
oleh dudeowns
1
Pullback and Throwback Candle [TrendX_]Pullback and Throwback candles can help traders determine the the potential reversal points USAGE The indicator identifies pullback and throwback in overbought and oversold zones by measuring the distance between the price and its relative strength index. A Pullback is an expected rebound in a downtrend (painted in green area), while a Throwback is a bounceback from an uptrend (painted in red area). The strategy is useful for valuing reversal points. Accordingly, it can also be helpful for traders to use alongside other Technical Analysis indicators. DISCLAIMER This indicator is not financial advice, it can only help traders make better decisions. There are many factors and uncertainties that can affect the outcome of any endeavor, and no one can guarantee or predict with certainty what will occur. Therefore, one should always exercise caution and judgment when making decisions based on past performance.
Penunjuk Pine Script®
oleh TrendX_
Reversal Candle Pattern SetUp An outside reversal candle set up script with buy/sell signals. Looks simple but it's pretty powerful especially if combined with your choice confirming indicator. The pattern psychology is this one (Frank Ochoa explanation): " The power behind this pattern lies in the psychology behind the traders involved in this setup. If you have ever participated in a breakout at support or resistance only to have the market reverse sharply against you, then you are familiar with the market dynamics of this setup. [Basically, market participants are testing the waters above resistance or below support to make sure there is no new business to be done at these levels. When no initiative buyers or sellers participate in range extension, responsive participants have all the information they need to reverse price back toward a new area of perceived value. As you look at a bullish outside reversal pattern, you will notice that the current bar's low is lower than the prior bar's low. Essentially, the market is testing the waters below recently established lows to see if a downside follow-through will occur. When no additional selling pressure enters the market, the result is a flood of buying pressure that causes a springboard effect, thereby shooting price above the prior bar's highs and creating the beginning of a bullish advance."
Penunjuk Pine Script®
oleh cristian.d
31
TUX CandlesThis indicator has a lot of information. This is the first version so stay tuned for updates, and please let me know of any bugs. Candlestick Indicators: Doji Shooting Star Evening Star Hammer Hanging Man Candlestick Formations Tri-star Bearish Harami Bullish Harami Bearish Harami Cross Bullish Harami Cross Bullish Engulfing Bearish Engulfing Rising Three Falling Three Bearish Abandoned Baby Bullish Abandoned Baby Three Black Crows Three White Soldiers Technical Indicators: (You can set you MA periods) Moving Average Cross Move Average Crossover
Penunjuk Pine Script®
oleh tux
2
Percent Change of Range CandlesPercent Change of Range Candles 2.0 – Explanation and Usage Guide - with a new visual display Purpose of the Indicator This indicator measures the percentage change in price relative to the total range (high - low) over a defined period. Its primary function is to display trend strength — whether the price has significantly risen or fallen in relation to its historical high and low over the selected length. It serves as a tool for identifying momentum shifts, extreme zones, and potential entry and exit points. How It Works Main signal (c): Calculated as the difference between the current close and the close length periods ago, divided by the total range over the same period. The result is multiplied by 100 to express it as a percentage. Positive values indicate bullish pressure, and negative values indicate bearish pressure. Supportive lines (o, h, l): o is the average of the last 5 values of c – used to observe momentum smoothing. h and l are adaptive values based on short-term recalculations (25% of the main length), adjusted depending on the current direction of the trend. Indicator Levels and Their Meaning Level Meaning 0 A key boundary between bullish and bearish zones. Proximity to this line often suggests consolidation or a potential reversal. +70 Strong bullish momentum. May indicate overbought strength – potential for a pullback. +100 Extreme overbought zone. This could signal market exhaustion and an upcoming drop. -70 Strong bearish momentum. Could indicate oversold strength, but still within a trending market. -100 Extreme oversold zone. Signals a possible reversal or at least a short-term bounce. How to Use It in Trading Around the Zero Level (0): This is the neutral zone. When c approaches zero after a strong trend, it can indicate momentum weakening and a potential trend shift. A cross from negative to positive values could signal early bullish reversal. A cross from positive to negative could indicate early bearish reversal. Extreme Levels ±100: These are not automatic "buy" or "sell" signals but mark extreme market conditions. Approaching +100 suggests the market has risen too much, possibly overheated – be ready for a correction. Approaching -100 suggests the market has fallen too much, potentially oversold – be prepared for a recovery. Best used in combination with other filters like RSI, MA, price action, or volume. Visual Interpretation Green line (positive c) represents bullish momentum. Red line (negative c) represents bearish momentum. Gray lines (o, h, l) help visualize averages and wicks of the price move for better understanding of the internal price dynamics. Conclusion The Percent Change of Range Candles indicator is useful for: Tracking medium-term price momentum. Detecting overbought/oversold conditions. Identifying consolidation phases and possible reversals. For best results, use it in combination with other indicators and with a broader view of market context (e.g., higher timeframes).
Penunjuk Pine Script®
oleh Aleksin_Aleksandar
Volume-Enhanced Candlestick Patterns 1 Overview Scans for four major candlestick reversal patterns: Harami Engulfing Morning/Evening Star Piercing Line/Dark Cloud Cover Underlying logic assumes that, at a turning point, the dominant side (bulls or bears) often delivers a “final” push—either a last surge of buying or selling—before the reversal truly takes hold. Pattern Toggles Each individual pattern can be turned on or off in the inputs. Enable only the patterns you want to monitor to reduce chart clutter and speed up performance. Volume Filter Toggle On: Requires volume-based exhaustion or climax to confirm each pattern. Off: Relies purely on price-action candlestick logic (no volume checks). Grouped Labels & Confluence When one or more patterns trigger on the same bar close, a single label is drawn: Grouping multiple confirmed patterns on one bar increases confluence and signal strength. Climax Volume × Multiplier Adjusting this input affects signal frequency and conviction: Higher multiplier → fewer signals but with stronger volume confirmation Lower multiplier → more signals, each with a looser volume requirement Alerts Built-in alert condition for each individual pattern (bullish/bearish Harami, Engulfing, Star, Piercing, Dark Cloud Cover), so you can receive real-time notifications whenever a confirmation occurs. Follow for Weekly Scripts If you find this helpful, please hit Follow and 🚀button —I release a new scripts every week. Disclaimer Not Financial Advice. This script is for educational and research purposes only. Use as Part of a Larger System. It should not be used in isolation; combine it with your own risk management rules, additional indicators, and broader market analysis. No Guarantees. Candlestick patterns and volume filters can improve signal quality, but they do not guarantee profitable trades. Always perform your own due diligence before entering any position.
Penunjuk Pine Script®
oleh Alex_Algo
MTF Candle Direction Forecast + Breakdown🧭 MTF Candle Direction Forecast + Breakdown 🔥📈🔼 This script is a multi-timeframe (MTF) price action dashboard that helps traders assess real-time directional bias across five customizable timeframes — with a focus on candle behavior, trend alignment, and confidence strength. 📌 What It Does For each timeframe, this dashboard summarizes: Current direction → Bullish, Bearish, or Neutral Confidence score (0–100) → How strongly price is likely to continue in that direction Candle strength → 🔥 icon appears if the current candle has a large body relative to its range Trend alignment: 📈 = EMA9 is above EMA20 🔼 = Price is above VWAP Color-coded background to visually reinforce directional state Each row gives you a visual “at-a-glance” readout of what price is doing right now — not in the past. 💡 Why It’s Useful ✅ Direction forecasting based on price action Instead of lagging indicators, this script prioritizes: Candle body-to-range ratio (momentum) Real-time VWAP/EMA structure Immediate price positioning ✅ Confidence is quantified The score (0–100) helps you judge how reliable each directional signal is: 90+ → Strong conviction 50–70 → Mixed but potentially valid <40 → Weak move or early signal ✅ Timeframe confluence at a glance See whether multiple timeframes are aligning directionally — helpful for scalping, day trading, or waiting for multi-timeframe breakout setups. ✅ Visual & intuitive Icons, colors, and layout make it easy to scan your dashboard instead of deciphering charts or code. 🛠️ Adjustable Settings Setting Description Timeframe 1–5 Choose any timeframes to monitor (e.g., 5m, 15m, 1h, 4h) Candle Display Mode Show trend color via emoji (🟢/🔴) or background shading Strong Candle Threshold Adjust the body-to-range % needed to trigger 🔥 strength Bullish/Bearish Background Customize label color coding Neutral Background (opacity) Set transparency or styling for flat/consolidating zones Table Location Place the dashboard anywhere on the chart 🎯 Use Cases Scalpers: Confirm trend across 1m/5m/15m before entering Day Traders: Use confidence score to avoid low-momentum setups Swing Traders: Monitor higher timeframes for trend shifts while tracking intraday noise VWAP/EMA traders: Quickly see when price is reclaiming or losing critical trend levels 🧠 What Makes It Unique? Unlike generic trend meters or mashups of standard indicators, this script: Uses live candle dynamics (not just closes or lagging values) Computes directional bias and confidence together Visualizes strength and structure in a compact, readable interface Let’s you filter by price action, not just indicator alignment 💥 Why Traders Love Will Love It ✅ Instant clarity on which timeframes agree ✅ No more guessing candle strength or trend health ✅ Confidence score keeps you out of weak trades ✅ Works with any strategy — trend following, VWAP reclaim, EMA scalps, even breakouts ✅ Keeps your chart clean — all the context, none of the clutter ⚠️ Transparency🧬 Under the Hood Powered by live candle body analysis, trend structure (EMA9 vs EMA20), and VWAP placement. All scores are generated in real-time — No repainting or lookahead bias: all values are computed with lookahead=barmerge.lookahead_on Confidence scores reflect the current candle only — they do not predict future moves but measure momentum and alignment in real-time Labels update per bar and respond to subtle shifts in candle structure and trend indicators ✅ MTF Trend Snapshot (Live Output Example Shown in Chart Above) This dashboard gives you a fast, visual summary of market trend and momentum across 5 timeframes. Here's what it's telling you right now: 🕔 5 Minute (5m) 📉 EMA Trend: Down 🔼 Price: Above VWAP Direction: Bearish (42) 🟥 Weak bearish bias. Short-term pullback against a stronger trend. Use caution — lower confidence and mixed structure. ⏱️ 15 Minute (15m) 📈 EMA Trend: Up 🔼 Price: Above VWAP Direction: Bullish (73) 🟩 Clean bullish structure with growing momentum. Solid for intraday confirmation. 🕧 30 Minute (30m) 📈 EMA Trend: Up 🔼 Price: Above VWAP Direction: Bullish (77) 🟩 Stronger trend forming. Above VWAP and EMAs — building conviction. 🕐 1 Hour (1h) 📈 EMA Trend: Up 🔼 Price: Above VWAP Direction: Bullish (70) 🟩 Confident, clean trend. Good alignment across indicators. Ideal timeframe for swing entries. 🕓 4 Hour (4h) 🔥 Strong Candle 📈 EMA Trend: Up 🔼 Price: Above VWAP Direction: Bullish (100) 🟩 Full trend alignment with max momentum. Strong body candle + structure — high confidence continuation. 🧠 Quick Takeaway 🔻 5m is pulling back short term ✅ 15m through 4h are fully aligned Bullish 🔥 4h has max confidence — big-picture trend is intact 📈 Ideal setup for momentum traders looking to ride trend with multi-timeframe confirmation Try pinning this dashboard to your chart during live trading to read price like a story across timeframes, and filter out weak setups with low-confidence noise.
Penunjuk Pine Script®
oleh Daniel_Vin
FVG Candle HighlighterThis indicator highlights only the true Fair Value Gap (FVG) creator candle — the middle candle in a 3-bar FVG formation — with zero clutter. 🔹 Bullish FVG: Candle is colored if price gaps above the high two bars back 🔹 Bearish FVG: Candle is colored if price gaps below the low two bars back ✨ No boxes. No zones. Just pure, visual price-action accuracy. 🔧 Powered by Pine Script v6 🧠 Based on institutional-style FVG logic 🎯 Ideal for Smart Money / ICT / Order Block strategies
Penunjuk Pine Script®
oleh johnkhawaja
BBr1 Candle Range Volitility Gap IndicatorModified Candle Range Volatility Gap Indicator 1. Useful to analyze bars body and wicks and volatility of security. 2. Added a Percentage Option - easier to analyze across different securities. 2. Added a Standard Deviation ("1 std dev= 68.2%, 2 std dev=95.4%, 3 std dev=99.7%, etc") based upon user defined lookback period. 3. Added the ability to include Gaps in Analysis. (Gaps are when the prior closing cost does not equal opening price) 4. Possible Uses setting up stop losses, trailing entries/exits (inside range or outside range). 5. Use it with other indicators in determining if to make an entry or close entry. Reposted Original Description by © ka66 Kamal Advani Visually shows the Body Range (open to close) and Candle Range (high to low). Semi-transparent overlapping area is the full Candle Range, and fully-opaque smaller area is the Body Range. For aesthetics and visual consistency, Candle Range follows the direction of the Body Range, even though technically it's always positive (high - low). The different plots for each range type also means the UI will allow deselecting one or the other as needed. For example, some strategies may care only about the Body Range, rather than the entire Candle Range, so the latter can be hidden to reduce noise. Threshold horizontal lines are plotted, so the trader can modify these high and low levels as needed through the user interface. These need to be configured to match the instrument's price range levels for the timeframe. The defaults are pretty arbitrary for +/- 0.0080 (80 pips in a 4-decimal place forex pair). Where a range reaches or exceeds a threshold, it's visually marked as well with a shape at the Body or Candle peak, to assist with quicker visual potential setup scanning, for example, to anticipate a following reversal or continuation.
Penunjuk Pine Script®
oleh BBItsTime
Two-Candle Highs & LowsSimple indicator which highlights highs and lows as two-candle reversal patterns: 1. High pattern : A bullish candle followed by a bearish candle, marking the highest price of the two. 2. Low pattern : A bearish candle followed by a bullish candle, marking the lowest price of the two. It draws horizontal lines at the high/low levels, making it useful for price action analysis such as identifying potential reversals or support/resistance zones.
Penunjuk Pine Script®
oleh matthewvella
Electronic Trading Hours Session/CandlesThis indicator visually distinguishes the electronic trading session, spanning from the prior day's close (e.g., 5:00 PM EST) through the overnight period until the next day's opening bell (e.g., 9:30 AM EST). It can be customized to highlight this period with a shaded zone or colored candles depending on the trader’s preference. The overnight levels that create the opening range gap often act as critical zones of liquidity. The indicator provides a clear visual cue of potential price magnets that smart money (institutional traders) may target during the opening bell session to trigger liquidity sweeps.
Penunjuk Pine Script®
oleh Eightgent7
1
Candle Bias ForecastCandle Bias Forecast Indicator Description: The Candle Bias Forecast Indicator is an original multi‐timeframe analysis tool that generates price forecast levels based on the difference between candle biases on two different timeframes. It uses innovative calculations to provide potential forecast levels that align with current price action. How It Works: 1. Candle Bias Calculation: For each candle, the indicator computes a “candle bias” using the formula: candleBias = (((open + close)/2 - (high + low)/2) + ((close - open)/(high - low)))/2 This measure captures both the positioning of the candle’s body within its range and the normalized move from open to close. 2. Multi-Timeframe Analysis: The script uses multiple timeframe pairs (e.g., 5-minute vs. 30-minute, 10-minute vs. 60-minute, etc.). For each pair, the bias is computed on the lower timeframe and on the higher timeframe. 3. Normalization with ATR: To translate the dimensionless bias difference into price terms, the indicator multiplies the difference by the lower timeframe’s Average True Range (ATR). This scales the forecast adjustment to current market volatility. 4. Forecast Computation: The forecast level for each pair is then calculated as: forecast = close + (lowerTF_ATR * (lowerTF_bias - higherTF_bias)) This yields forecast levels that are plotted on the chart and connected by lines for a visual guide. How to Use: - Visual Confirmation: Add the indicator to your 1 to 15 minute chart to see forecast levels overlaid on the price. - Supplementary Analysis: Use these forecast levels as an additional tool alongside your other analysis methods. They can help indicate potential support/resistance areas or directional bias. Important Notes: - Not a Standalone Signal: This indicator is intended to supplement your analysis. Always combine it with other tools and sound risk management practices. - For Educational & Research Use: The indicator is provided “as is” without any guarantee of performance. It is designed to illustrate an innovative approach to multi-timeframe analysis. - Disclaimer: Past performance is not indicative of future results. Use this tool at your own risk. By combining candle bias with ATR-based normalization and multi-timeframe analysis, this indicator offers a unique perspective on market dynamics that can enrich your trading strategy. --- *This is an original script designed to add value to the TradingView community. Please test and validate its outputs thoroughly before using it in live trading.*
Penunjuk Pine Script®
oleh Tradenometry