3AM EST CRT Indicator3AM EST Candle Range Theory Indicator
The 3AM EST Candle Range Theory Indicator is designed to highlight a crucial period in the trading day for Forex and other markets that operate 24/7. This indicator focuses on the 3AM EST candle, which represents the early hours of the U.S. market morning and the midpoint of the European trading session. During this period, volatility often picks up, and the 3AM candle can serve as a powerful reference point for price action throughout the day.
Key Features of the Indicator
3AM Candle Highlighting: The 3AM candle is automatically highlighted in blue, making it easy to spot on the chart. This helps traders quickly identify this pivotal candle without manually searching for it.
Range Lines: The high and low of the 3AM candle are marked by black lines extending across the day. These levels often act as support and resistance, influencing price movement throughout the trading session. Observing how the price interacts with these levels can provide insights into potential breakouts, reversals, or consolidations.
Labels: The high of the 3AM candle is labeled as "3am CRH" (Candle Range High) and the low as "3am CRL" (Candle Range Low). These labels serve as visual cues for traders, reinforcing the importance of these levels on the chart.
How to Use the 3AM EST Candle Range Indicator
Support and Resistance: The high and low of the 3AM candle often serve as strong intraday support and resistance levels. Traders can observe if the price respects or breaks these levels to make decisions about potential entries and exits.
Breakout Trading: If the price breaks above the 3am high (CRH), it can signal bullish momentum, especially when accompanied by increased volume. Conversely, a break below the 3am low (CRL) may indicate bearish momentum. These breakouts can provide potential trade opportunities.
Reversals and Continuations: Often, price will test and reject one of these levels, creating an opportunity for reversal trades. If the price re-enters the 3AM candle range after breaking out, it could signal a potential continuation back into the original trend.
Session Range Guidance: Since the 3AM candle encapsulates both the early U.S. and active European sessions, it often provides a strong reference for the range and sentiment in the early trading hours. The 3AM range can give a sense of market direction and volatility for the day.
Benefits
Clear Visual Cues: The blue candle highlight, black lines, and labels make this indicator visually intuitive and easy to understand at a glance.
Useful Across Market Conditions: Whether markets are trending or ranging, the 3AM high and low can serve as reliable reference points for intraday support and resistance.
Applicable to Various Strategies: This indicator can enhance a variety of trading strategies, including breakout, range trading, and trend-following.
Summary
The 3AM EST Candle Range Theory Indicator provides traders with a reliable way to gauge intraday price levels based on the 3AM EST candle. By observing how the price interacts with the high and low of this candle, traders can gain insights into potential support, resistance, and breakout points. This can be particularly useful for short-term traders looking to capitalize on intraday volatility or longer-term traders seeking reference points for daily price action analysis.
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Tapak 20RThis strategy originally developed by Jatrader. Kudos to him for giving me chance to develop this indicator.
This script should be use Light Crude Oil Futures 20 Range chart. (This strategy only proven for 20R range chart, Crude Oil.)
How it works?
If current 20R candle is closed green, the closing value must be higher than previous candle to take long position.
If not, it stays as previous direction.
If current candle is closed red, the closing value must be lower than previous candle to take short position.
If not, it stays as previous direction.
How to use this indicator?
1. First, determine the stoploss point from high or low candle.(if current candle is green, stoploss is set higher than high candle and vice versa)
2. Determine how many tick you want to allowed for stoploss, how much profit (ticks) you want to achieve.
3. Determine the color and thickness of each line.
The table will display all value involved with this strategy such as entry value, stoploss value and target profit value.
Please kept in mind that, this is scalping strategy. So, the recommended target profit should be around 10 - 20 ticks.
Thank you.
Length True Range BarColorOverview
The indicator prints different colors on the candles for pre-determined amplitudes in relation to the simple moving average over the average true range.
Calculations
The indicated value of the simple moving average in relation to the average true range is being used to restrict the color of the candle signal to its pre-determined amplitude.
How It Works
Supposing you have a strategy where there is a need to determine the size of the acceptable signal bar in relation to the average true range, as well as size your stop and target through this range. In summary, coloring based on the size of the amplitude due to the average of the ATR, provides the ease of identifying weak signals, where there will possibly not be a sequence of movement, or identifying stretched signals where it will possibly provide a correction movement. This way you can determine an ideal size range for your input signal. Ex: Color candle signal with size of ( Candle => 2* the SMA (ATR) and <= 3* the SMA (ATR).
Inputs
Valores
Period: To determine the length of the ATR
SMA: To determine the length of the Simple Moving Average
LengthMin: Minimum amplitude size factor
LengthMax: Maximum amplitude size factor
Traço: Coloring ATR
SMA: Coloring SMA
Traço: Coloring TR
Bar Color: Coloring candle Sing
Note 1
The values of ATR, SMA and TR will normally be shown in the indicator header for a dynamic visualization of the values, and possible exceptions for candles signals outside the initially proposed factor can be compared.
Note 2
Codes made available in the PINE language reference manual were used to develop the indicator, therefore it is a practical code for trend following setup strategies not available in the community.
Dual Moving Average with DotsOverview:
The Dual Moving Average with Dots is a powerful technical analysis tool designed to assist traders in identifying potential trend reversals and confirming trend strength. This indicator combines the simplicity of dual moving averages with visual markers in the form of dots above candles, providing clear signals for both trend following and reversal opportunities.
Key Features:
Dual Moving Averages:
Choose between Simple Moving Average (SMA) and Exponential Moving Average (EMA) for two distinct moving averages.
Customize the source for each moving average, including options such as open, close, high, low, and more.
Adjust the periods for both moving averages to suit your trading preferences.
Visual Signals:
Green Dot: A green triangle-up dot appears above candles where the closing price is greater than both selected moving averages. This signals potential bullish strength and trend continuation.
Red Dot: A red triangle-down dot appears above candles where the closing price is lower than either of the selected moving averages. This signals potential bearish weakness and trend reversal.
Flexible Configuration:
Tailor the indicator to your trading strategy by adjusting parameters such as moving average type, source, and period for each average.
Gain insights into market dynamics by visually interpreting the relationship between closing prices and moving averages.
How to Use:
Trend Confirmation:
Confirm a bullish trend when the green dot appears above a candle, suggesting that the closing price is above both moving averages.
Confirm a bearish trend when the red dot appears above a candle, suggesting that the closing price is below either of the moving averages.
Reversal Signals:
Watch for potential trend reversals when red dots appear, signaling that the closing price is below one of the moving averages.
Customization for Strategy:
Experiment with different combinations of moving average types, sources, and periods to align the indicator with your unique trading strategy.
Usage Tips:
Combine the Dual Moving Average with Dots with other technical indicators for comprehensive market analysis.
Look for confluence with support/resistance levels or chart patterns to enhance the robustness of your trading decisions.
Vela Rango 3.0Indicator created to mark candles that are larger than their previous candle, both in their High and Low, it marks said candles in time frames of 15 minutes and higher with a triangle above them, and the last range candle created expands said range to the right during the following 4 hours.
Sniper Perrón V3: Volumen Mogalef, Fechas y Velas de Colores🚀 Sniper Perrón V3: Featuring Mogalef Volume, Dates, and Color Candles 🚀
A complete script that combines technical analysis with Mogalef volume, colored candles, and visual alerts for buy, sell, and caution signals. Includes EMA’s (8 and 21), trend lines, and structure bands to identify rebounds, trends, and breakouts with precision.
✅ Mogalef Volume
✅ Candlestick Analysis
✅ Buy/Sell alerts with motivational messages
✅ Automatic date labels on the chart
✅ EMA’s for sniper trading
Perfect for traders who want to fine-tune their entries and exits with clear confirmations and a compadre-style approach. Let’s go for everything!
#TradingView #MogalefVolume #EMA8and21 #ColoredCandles #SniperTrading
Bearish Highs & Bullish Lows (Untouched Levels)As the indicator-name already states:
This indicator draws rays from every untouched high of a bear candle and every untouched low of a bull candle.
Levels which are touched are deleted, not on touch, but on the start of the new candle.
NakInvest - 123 (Bullish & Bearish U-Pattern)📘 Description: U-Shape 123 (Bullish & Bearish Identifier)
This indicator helps you identify the 123 reversal pattern, a powerful yet simple price action setup taught by renowned Brazilian trader Stormer.
I learned this pattern from Lucas Nakata, founder of NakInvest, who was a student of Stormer. Stormer has popularized and refined this setup in the Brazilian trading community, especially for identifying U-shaped reversals that precede strong directional moves.
⸻
🔎 What is the 123 Pattern?
The 123 pattern is a 3-candle formation used to spot bullish or bearish reversals. It forms a “U” or inverted “U” shape and is based purely on candlestick structure — no indicators or lagging signals.
There are two versions:
✅ Bullish 123 (“U” pattern)
• Candle 1: Red candle with a large body (selling pressure).
• Candle 2: Small candle of any color (pause or indecision).
• Candle 3: Green candle with a body at least 70% the size of candle 1 (strong bullish push).
This indicates a potential bullish reversal from a prior downtrend.
❌ Bearish 123 (inverted “U” pattern)
• Candle 1: Green candle with a large body (buying pressure).
• Candle 2: Small candle of any color (pause or indecision).
• Candle 3: Red candle with a body at least 70% the size of candle 1 (strong bearish push).
This indicates a potential bearish reversal from a prior uptrend.
Wick ProportionsThis simple indicator highlights candles with short and long wicks matching a specified percentage of the candle's price range.
The candle is highlighted if the short wick is less than or equal to a specified percentage of the candle price range and the long wick is more than or equal to a specified percentage of the candle price range.
Both percentages can be separately specified as inputs, within reasonable ranges.
The indicator is useful for various strategies attempting to identify price reversal points.
KINGThis indicator generates buy and sell signals based on specific candle patterns involving the size of the candle's body and wicks. A buy signal is triggered when a large bearish candle (body twice the size of its wicks) is followed by a bullish candle with a long lower wick (twice the size of its body and upper wick), and the close is above the low of the bearish candle, while the low of the current candle is lower. A sell signal occurs when a large bullish candle is followed by a candle with a long upper wick, and the close is below the high of the bullish candle, while the high of the current candle is higher. The indicator includes a reset mechanism to avoid premature signals when large candles with contradicting patterns appear.
Ohana_Wick_EntryIndicator will change color depending if a wick comprises of less than 35% of the candlestick.
Strategy involves taking trades on stops above a green signal (<35% wick) to a target of the size of the candle body (expressed as the value in the indicator)
DOJI FU IndicatorIndicator is designed to paint a doji, the size of which can be adjusted in settings.
Provided there is a valid doji, the following candle is a 'FU candle' or an 'Institution' candle. This candle wicks above/below the doji and takes liquidity from above or below.
Colours can be changed
Red = Doji candle
Yellow = FU candle
Example shown on the 1hr chart, red doji indicating a change of trend upwards, the FU candle (yellow) takes liquidity from above and sweeps down.
Tarot : Major ArcanaThis script generates a Major Arcana Tarot card for each candle at its close.
The candle is divided into 22 sections, each section corresponding to one of the Major Arcana.
When a candle closes, it closes in one of those 22 sections and that generates the card.
You could read green candles as upright and red candles as reversals.
Uses
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Use this to pull a daily card on your chart.
Ask a question on the one-minute chart before the candle closes and wait for your answer.
Use it to forecast the upcoming market.
Anything else!
Enjoy.
Trigram (I Ching)This script generates a Trigram for the current candle at its close.
The idea is simple. It takes the current candle close and the two previous to generate the lines of the Trigram.
In traditional I Ching practices, these are built bottom up. So in this case, the Candle in 2 bars back is the base, 1 bar back is the central line and the current close is the top.
Up candles are yang lines, down candles yin.
Anyways, not sure what use it is yet, but if there is anyone else out there interested in I Ching, Yin/Yang theory and trading, this is for you.
Data High/LowMarks out High and Low of a specified candle.
Intended use for news candle's data high and low.
Time, line color, and line length are customizable in settings options.
Lines are only draw on 1m timeframe and lower.
HTF 6H Visualiser for 30M - ADK - W
HTF 6H Visualiser — use on 30-minute charts
Purpose – lets 30-minute traders see the prior 6-hour candle’s range, open and close without changing time-frames.
Visual elements
Two dotted vertical lines mark the 6-hour candle’s start and an “early” finish one 30-min bar before the true close (avoids overlap).
Vertical colour: green for bullish 6 H close, red for bearish.
Dotted green horizontal at the 6 H open, red horizontal at the 6 H close – both drawn only between the two verticals.
Verticals are clipped to that candle’s exact high and low.
Data window – auto-deletes oldest guides so only ~2 trading days (8 candles) remain on the chart.
Typical uses – mean-reversion to 6 H opens/closes, quick HTF bias check, liquidity-grab targets.
ATR 3x Multiplier StrategyBeta version
Volatility and Candle Spikes in Trading
Volatility
Volatility refers to the degree of variation in the price of a financial asset over time. It measures how much the price fluctuates and is often associated with risk and uncertainty in the market. High volatility means larger price swings, while low volatility indicates more stable price movements.
Key aspects of volatility:
Measured using indicators like Average True Range (ATR), Bollinger Bands, and Implied Volatility (IV).
Influenced by factors such as market news, economic events, and liquidity.
Higher volatility increases both risk and potential profit opportunities.
Candle Spikes
A candle spike (or wick) refers to a sudden price movement that forms a long shadow or wick on a candlestick chart. These spikes can indicate strong buying or selling pressure, liquidity hunts, or stop-loss triggers.
Types of candle spikes:
Bullish Spike (Long Lower Wick): Indicates buyers rejected lower prices, pushing the price higher.
Bearish Spike (Long Upper Wick): Suggests sellers rejected higher prices, pushing the price lower.
Stop-Loss Hunt: Market makers may trigger stop-losses by creating artificial spikes before reversing the price.
News-Induced Spikes: Economic data releases or unexpected events can cause sudden price jumps.
Understanding volatility and candle spikes can help traders manage risk, spot entry/exit points, and avoid false breakouts. 🚀📈
Outside Bar Scanner (Alessio)Outside Bar Scanner
Description:
The Outside Bar Scanner is a powerful indicator designed to automatically detect outside bars (or outside candles) on any timeframe. This tool is perfect for traders who want to quickly spot reversal or trend continuation opportunities based on one of the most significant patterns in technical analysis.
Key Features:
Automatic Detection of Outside Bars:
Identifies and marks bullish (long) and bearish (short) outside bars directly on the chart.
Each outside bar is highlighted with a label and an icon for clear visibility.
Previous Candle High and Low Lines:
Draws two horizontal lines indicating the high and low of the candle preceding the outside bar.
These lines help you quickly identify key support and resistance levels.
Built-In Alerts:
Receive real-time notifications whenever a new outside bar is detected, so you’ll never miss a trading opportunity.
How to Use:
Add the indicator to your chart and let it automatically detect outside bars, marking key high and low levels.
Use the alerts to get notified whenever a new outside bar forms.
Combine this indicator with other strategies or technical tools to enhance your analysis.
Perfect For:
Traders operating in any market (forex, stocks, cryptocurrencies, indices).
Short-term, medium-term, or long-term traders, as it works seamlessly across all timeframes.
Anyone looking to simplify their technical analysis and respond quickly to market signals.
Note: This indicator is a support tool and does not provide direct trading signals. It is recommended to combine it with other analyses for well-informed decision-making.
Long Wick Indicator
This indicator identifies and highlights candles with long wicks, which can be useful for various trading strategies.
Key Features:
1. Timeframe Limitation:
- Optional feature to limit the indicator to specific timeframes
- User can set a maximum timeframe (default: 5 minutes)
2. Customizable Wick-to-Body Ratio:
- User-defined minimum ratio for wick length to body length (default: 0.8)
3. Customizable Visual Indicators:
- Triangles appear above or below candles with long wicks (user can change triangles to another symbol)
- Yellow triangle pointing up: long bottom wick
- Yellow triangle pointing down: long top wick
Functionality:
- Calculates body size and wick sizes for each candle
- Compares wick sizes to body size using the user-defined ratio
- Plots indicators only if the current timeframe is within the specified limit (if enabled)
Usage:
Add this indicator to your TradingView chart to identify potential setups.
Customization:
Users can adjust the wick-to-body ratio and timeframe limitations in the indicator settings to suit their trading style and strategy.
Interval Vertical Line DrawerIntroduction
The Interval Vertical Line Drawer is an indicator that assists traders in visualizing specific intervals on the chart. This script enables traders to conduct more accurate analyses across various time frames.
How It Works
This script operates by drawing vertical lines at intervals defined by the user. Users can select the interval for the vertical lines in minutes, and the script automatically places vertical lines at each interval on the chart. For instance, if a 15-minute interval is selected, vertical lines will appear at the start and end times of every 15-minute candle on the chart.
Additionally, this script includes a feature that allows drawing horizontal lines representing the open price of the candles at each vertical line. This is crucial for traders observing price action around specific times and evaluating market conditions at regular intervals.
This script is operative across diverse time frames and can be adjusted to fit various trading styles and analyses. It is efficient, user-friendly, and adaptable to the diverse needs of traders.
The open price of a candle often serves as a support or resistance, and there is a high possibility of significant movement occurring when these S/R levels are breached.
How to Use
VLInterval: Users can input the interval for the vertical lines in minutes and select from 5, 15, 30, 60, 120, 240, 1440.
visibleTimeframe: Users can select the desired time frame where the vertical lines will be visible.
Color and Style: Users can freely modify the color and style of the lines.
Apply the indicator to the chart.
Select the desired interval for the vertical lines.
Adjust the visibility and style of the lines as needed.
By adhering to these steps, traders can effectively incorporate this tool into their analysis, maximizing the utility of interval-based evaluations and observations.
소개
간격 수직 선 그리기 도구는 트레이더가 차트에서 특정 간격을 시각화할 수 있도록 도와주는 지표입니다. 이 스크립트는 트레이더들이 다양한 시간 프레임에서 더 정확한 분석을 수행할 수 있게 해줍니다.
작동 원리
이 스크립트는 사용자가 정의한 간격에서 수직선을 그리는 방식으로 작동합니다. 사용자는 분 단위로 수직선 간격을 선택할 수 있고, 스크립트는 자동으로 차트의 각 간격에 수직선을 배치합니다. 예를 들어, 15분 간격이 선택되면, 차트에는 15분봉의 시작, 종료 시간마다 수직선이 나타납니다.
더불어, 이 스크립트는 각 수직선에서의 캔들의 시가를 나타내는 수평선을 그릴 수 있는 기능도 포함하고 있습니다. 이는 트레이더가 특정 시간 주변의 가격 행동을 관찰하고 정기적인 간격으로 시장 상황을 평가하는데 중요합니다.
이 스크립트는 다양한 시간 프레임에서 작동하며, 다양한 거래 스타일과 분석에 맞게 조정할 수 있습니다. 이는 효율적이고 사용자 친화적이며, 트레이더의 다양한 필요에 적응할 수 있습니다.
캔들의 시작가는 종종 지지 또는 저항의 역할을 하며, S/R이 깨질 때 큰 움직임이 일어날 가능성이 높습니다.
사용 방법
VLInterval: 사용자는 분 단위로 수직선 간격을 입력할 수 있으며, 5, 15, 30, 60, 120, 240, 1440 중에서 선택할 수 있습니다.
visibleTimeframe: 사용자는 수직선이 보이게 될 원하는 시간 프레임을 선택할 수 있습니다.
색상과 스타일: 사용자는 선의 색상과 스타일을 자유롭게 수정할 수 있습니다.
지표를 차트에 적용합니다.
수직선의 원하는 간격을 선택합니다.
선의 가시성과 스타일을 필요에 맞게 조정합니다.
Inside Day ProbabilityThe "Inside Day Probability" indicator is a tool developed for market analysis on the TradingView platform. Its main objective is to calculate the probability of success of a pattern known as "Inside Day" (Día Interior in Spanish).
An Inside Day occurs when the price range (difference between the high and low) of a candle is completely contained within the price range of the previous candle. This pattern indicates a consolidation in the market and is usually followed by a sharp move in a certain direction.
The indicator uses a combination of statistical and mathematical analysis to determine the probability that an Inside Day will result in a successful market move. It is based on historical data and past patterns to calculate the probability of a significant price rise or sharp decline following an Inside Day.
The indicator provides a graphical display of the probability of success, usually in the form of a percentage value or a color scale. This allows traders to easily identify potentially profitable trading opportunities based on the occurrence of Inside Days.
It is important to note that this indicator is a decision support tool and does not guarantee accurate results in all cases. It is recommended to use it in conjunction with other technical analysis tools and consider other relevant factors before making operations in the financial market.
Remember that the proper interpretation and use of this indicator requires an understanding and knowledge of technical analysis and trading principles.
OrderFlow Sentiment SwiftEdgeOrderFlow Sentiment SwiftEdge
Overview
OrderFlow Sentiment SwiftEdge is a visual indicator designed to help traders analyze market dynamics through a simulated orderbook and market sentiment display. It breaks down the current candlestick into 10 price bins, estimating buy and sell volumes, and presents this data in an orderbook table alongside a sentiment row showing the buy vs. sell bias. This tool provides a quick and intuitive way to assess orderflow activity and market sentiment directly on your chart.
How It Works
The indicator consists of two main components: an Orderbook Table and a Market Sentiment Row.
Orderbook Table:
Simulates buy and sell volumes for the current candlestick by distributing total volume into 10 price bins based on price movement and proximity to open/close levels.
Displays the price bins in a table with columns for Price, Buy Volume, and Sell Volume, sorted from highest to lowest price.
Highlights the current price level in orange for easy identification, while buy and sell dominance is indicated with green (buy) or red (sell) backgrounds.
Market Sentiment Row:
Calculates the overall buy and sell sentiment (as a percentage) for the current candlestick based on the simulated orderflow data.
Displays the sentiment above the orderbook table, with the background colored green if buyers dominate or red if sellers dominate.
Features
Customizable Colors: Choose colors for buy (default: green), sell (default: red), and current price (default: orange) levels.
Lot Scaling Factor: Adjust the volume scaling factor (default: 0.1 lots per volume unit) to simulate realistic lot sizes.
Table Position: Select the table position on the chart (Top, Middle, or Bottom; default: Middle).
Default Properties
Positive Color: Green
Negative Color: Red
Current Price Color: Orange
Lot Scaling Factor: 0.1
Table Position: Middle
Usage
This indicator is ideal for traders who want to visualize orderflow dynamics and market sentiment in real-time. The orderbook table provides a snapshot of buy and sell activity at different price levels within the current candlestick, helping you identify areas of high buying or selling pressure. The sentiment row offers a quick overview of market bias, allowing you to gauge whether buyers or sellers are currently dominating. Use this information to complement your trading decisions, such as identifying potential breakout levels or confirming trend direction.
Limitations
This indicator simulates orderflow data based on candlestick price movement and volume, as TradingView does not provide tick-by-tick data. The volume distribution is an approximation and should be used as a visual aid rather than a definitive measure of market activity.
The indicator operates on the chart's current timeframe and does not incorporate higher timeframe data.
The simulated volumes are scaled using a user-defined lot scaling factor, which may not reflect actual market lot sizes.
Disclaimer
This indicator is for informational purposes only and does not guarantee trading results. Always conduct your own analysis and manage risk appropriately. The simulated orderflow data is an estimation and may not reflect real market conditions.
