I built this indicator as a personal request from a friend. He often trades using Heiken Ashi charts, but wanted a way to easily cross-reference real-price open and close values for the same timeframe on the same chart (as HA candles are by design lagging, they can take a few periods to catch up to a large move). This can also be used to help guide support and...
It's been a long time coming, but here is a versatile vline() function applicable to PSv4.0+ utilizing line.new(). I decided to finally figure this out at the request of another member recently. I have been waiting myself for months, but it's now time for an idea who's time has come to unleash upon planet Pine Script. It's a handy little function I believe will be...
The strategy contained in this post comes courtesy of babypips (.com), an excellent resource for all thing forex related. If you are new to trading, the site is definitely worth checking out!
Code commentary and an introduction to Inside Bars are available for this post on the Backtest-Rookies (.com) website.
Note: If you are interested in custom development...
Disclamer : READ THIS BEFORE USING IT !!!
I have take and try to improuve the source code of indicator "intra-bar volume" by backtest-rookies.com
This indicator categorized the volume in lower timeframe, if the candle close up it's a buying volume, if it close down...
Beware that is not easy to work with different TF on tradingview so you have some limitation...
Utility for managing active labels on the chart.
add(level, txt, labelColor, textColor) For displaying a lable at the last bar.
level : The value to display the label at.
txt : The text to show on the label.
labelColor : The color of the label.
textColor : The text color of the label.
Copyright by jack calo -- v1.0 -- 03/04/2015 -- Paint the bar yellow when it's an inside day. When the full range of a candle is equal or within the full range of the previous bar. Credit to Rob Smith and his In The Black Strategy.
Claims by Rob Hoffman
Developed and used to win trading competitions around the world, the Hoffman Inventory Retracement Trade is quickly becoming one of the most popular ways to identify where short-term counter trend institutional inventory has subsided and when it’s time to re-enter into a trade’s original trend direction.
I have not included the TREND...
This startegy based on 3-day pattern reversal described in "Are Three-Bar
Patterns Reliable For Stocks" article by Thomas Bulkowski, presented in
January,2000 issue of Stocks&Commodities magazine.
That pattern conforms to the following rules:
- It uses daily prices, not intraday or weekly prices;
- The middle day of the three-day...
Bar Balance extracts the number of up, down and neutral intrabars contained in each chart bar, revealing information on the strength of price movement. It can display stacked columns representing raw up/down/neutral intrabar counts, or an up/down balance line which can be calculated and visualized in many different ways.
WARNING: This is an analysis tool that...
I didn't find a study for Inside bar as I wanted. Therefore I wrote a one with PineV4. This may help you to see inside bars.
It can recalculate and works with either (opens-closes) or (highs-lows)
Last year, I saw someone using the candle innovation called "RSI Candle" or "RSIC". so let me have the idea of making RSIB. the Candlestick was Steve Nison in the 1990s. He introduced the concept from Japan to America and published it in the book "Candlestick Course". Welles Wilder is the creator of the relative strength index. after several years of commodity...