Line Chart with circles on sub chart / LineChart no CandlesLine Chart with circles as a subchart. The circle will appear only after the candle has been confirmed.
Things you can change:
- Source: open, high, low, close, hl2, hlc3, ohlc4, hlcc4
- Color: change the color of the line and the circles
have fun with it!
Candle
Real-time price distribution in candlesThis indicator splits the candle time into 30 units to indicate where the price was at each time.
In the case of a 1-hour time zone, 60 minutes / 30 = 2 minutes, so this display the location of the price every 2 minutes.
In case of 1 minute time zone, it is displayed every 2 seconds.
CAUTION
If a transaction does not occur, the display may be omitted.
You can change the color of the opening and closing prices and the size of the dots.
Percent above or Below Moving Average Candle colourFilter:
If green candle is 'x' % above moving average than colour of candle is turn in blue colour.
If red candle is 'x' % below moving average than colour of candle is turn in orange colour.
RSI Candle with Connors RSI and Heikin Ashi (CRSICHA)This script was designed to work and feel like the built in RSI script but with a lot of added feature that traders might enjoy. You get to see the RSI represented as candle sticks OR Heikin Ashi. I have added in Connors RSI as a bonus so you can see what this lesser used study looks like in candle form. Just like in the original script I have moving averages and Bollinger Bands. I must say, Heikin Ashi really excells in this situation because you don't need to know an exact price! As always I hope every one finds this useful! Enjoy!
Candle Strength IndicatorThe candle strength indicator depicts the average strength of the price action by evaluating bullish vs bearish candles.
The scale is relative to price fluctuation and the size of the candles for the particular ticker / market, so there are no significant levels.
A cross on the zero line would generally indicate a change in trend / sentiment.
This indicator may be useful as a filter for entries and use in confluence with other indicators.
Candle Stick UpdateHeikin ashi chart so powerful that you can understand trend direction easily. But sometimes, this type of chart doesn't update properly and make no sense on real time. So I made this script. You can now change candle stick style default to heikin ashi (default / modified version) on the real time default chart without switching heikin ashi chart. Enjoy traders!!! And don't forget to press the like button :)
Equivolume - volume as candle widthDo price action and volume really need to be on separate graphs? Why not display them both on a single graph and reduce the clutter? Presenting Equivolume candles here on TradingView - inspired by the NinjaTrader implementation
This indicator allows you to view traditional OHLC candles but with the additional ability to see relative volume through variations of width and/or transparency
Explanation
- Wide and/or full colour candles have the highest volume
- Thin and/or highly transparent candles have the lowest volume
- The following diagram shows the Equivolume indicator as well as a traditional volume graph along the bottom. You can see that when the volume is highest, the candle is widest and also the most intense color.
- The `Lookback candle count` user parameter specifies the number of candles to use in order to locate the highest volume within that range. All other candle widths in the range will be adjusted relative to this highest volume
Tips
- Toggle off the visibility of the original graph for the instrument to get the best view of the candles when using variable transparency
Gotchas
- Due to a Pine Script limitation a maximum of 500 variable width candles can be drawn on the chart
- If `Lookback candle count` is higher than the total number of available candles for the instrument, then the indicator will fail and not display anything. I’m still investigating how to handle this case better
- Be aware if you are using the `High` setting for the `Transparency range` parameter, candles with the lowest volume will be virtually invisible
Heikin Ashi CandlesLibrary "heikin_ashi_candles"
This library is programmed to calculate the Heikin Ashi candles using the standard formula of Heikin Ashi Candles.
Notice the Heikin Ashi chart type isn't 100% like the results from this calculation.
You can import this library in your code to use it as a smoothing method for your strategy which operates on the standard chart type.
_close()
_open()
_high()
_low()
_ohlc4()
_hlcc4()
_hlc3()
_hl2()
Smoothed Heikin Ashi Trend on Chart - TraderHalaiThis indicator is a predictive tool using Heikinashi to calculate shifts in trade direction.
It works by reverse-engineering the regular candle stick closing price required, to flip the Heiken Ashi candle from Red to Green and vice-versa.
Below, is an earlier indicator that I released and created. This plots this price as an oscillator, which allows traders to get a predictive indicator of a trend change.
This indicator extends upon this functionality by adding a smoothing function to the reverse-engineered regular candle stick closing price, to reduce the choppiness of signals. It also plots the indicator on the chart to allow for easier visual confirmation.
How to use
1) As a directional bias - Bullish or bearish
2) Volatility expansion/contraction - further distance from line means volatility expansion - am planning to release an oscillator version also
3) Trailing stop loss - once you are in a trade
Other Features
Select a moving average period and smoothing calculation method (e.g. SMA / EMA)
Non-repaint mode for backtesting and use/integration with higher timeframes
Final note - Open Source
I am releasing this as open-source for the benefit of the community and to allow further development, scrutiny and criticism. Please feel free to use this indicator as you see fit. If you do use this indicator to create another script, feel free to drop me a note, as I would be highly interested in your idea.
Thanks, and Enjoy!
Intrabar Polarity DivergencesTradingview Pinescript just introduced a new exciting ability to get intrabars candle information from a higher time frame chart!
This indicator is based on Tradingview example but with enhanced capabilities to show the percentage of intrabars opposite bars with the ability to display the mid-day candle close price drawn by a blue line.
This indicator can show you that in some cases a GREEN candle on the daily chart, for example, can have more red candles in a lower time frame. which may or may not indicate on a change of direction :)
This is an ongoing experiment and I plan to release more indicators based on these new pinescript capabilities.
Like if you like and Follow to stay updated!
[_ParkF]HeikinAshi
In the Input menu, the default value of Location is 1, and HeikinAshi can be seen overlapping the candle.
If you modify the Location value, you can overlay it separately with candle to compare.
(In this case, the HeikinAshi value is different from the actual value, so it is recommended to use it to identify the trend.)
Also, if you move HeikinAshi to a new pane, you can use it as an auxiliary indicator at the bottom.
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Input 메뉴에서 Location의 기본값은 1이며, 헤이킨아시를 캔들과 겹쳐서 볼 수 있게 되어 있습니다.
Location 값을 수정하면 캔들과 따로 overlay 시켜 비교할 수 있습니다.
(이 경우 헤이킨아시의 값은 실제값과 다르니 추세 파악을 위해 사용하시길 권장합니다.)
또, 헤이킨아시를 새 페인으로 옮기면 하단의 보조지표처럼 사용할 수 있습니다.
Determine Consecutive Candles█ OVERVIEW
This is a simple script that will plot labels over or under candles to show where there had been consecutive candles that closed in a similar fashion. This script was inspired by a Tweet about Bitcoin experiencing its first 7th-consecutive weekly black candle and I sought out to test that.
█ INPUTS
There are three inputs for this script.
"offset" ( integer ) - (Can be 0 or 1) Allows the user to apply this script at the currently closing candle or the most recently closed candle.
"Number of Candles" ( integer ) - (From 3 to 100*) Allows the user to select how many candles to back test for consecutive-ness.
"Black or White" ( boolean ) - Allows the user to select what kinds of candles to look for in this script. (true - Black , false - White ).
*Publishing open-sourced, this selection was arbitrary and can be modified at will.
█ USAGE
Because I had created this in a little over an hour, this is just a simple experiment that I wanted to share with others. Its applications are unknown to me, but I am interested in hearing how others may find what this script does useful.
Supply and Demand - Order Block - Energy CandlesSupply and Demand - Order Block - Energy Candles
Description
An experimental script, designed as a visual aid, to highlight the last up or down candle before a fractal break. We can assume these candles where the point of origin that generated enough strength to break recent structure. By using them as reference points, traders are expected to follow their own set of rules and mark higher probability supply and demand zones in the area.
How to use:
Expect a potential retest in these areas, and if they fail, a potential retest in the opposite direction. The greater the number of times a zone is tested, the more likely it is to break. A fresh zone that has not yet been tested will have a higher probability of a bounce.
Fractal period and candle break type can be personalised in settings. Can be used on all timeframes (higher the better).
Indicator in use:
Extras:
An option to flip candle colours if current price is above or below them has been added.
4C Inside/Outside BarThis indicator colors the candle body based on whether it closed as an Inside Bar (IB) or an Outside Bar (OB).
Inside and outside bars can be powerful triggers to enter or exit trades from, when price breaks above or below the candle.
The coloring of only the body and not the border of the candle makes it possible to still know whether the candle was bullish/bearish.
This indicator has the unique ability to add/hide labels for each IB and OB.
Small labels are printed on the chart directly below the candle. (See below)
It also has the unique ability to paint the chart background when an IB forms directly after an OB.
This is a special combination of the two, and can also be a powerful signal.
This feature can be turned on/off. (See below)
Thanks to Craig Stine, as some parts of this indicator were adapted from Custom Candle color Inside/Outside candles, Highwave, Star Patt. by Craig_Stine
Candle relative powerThis indicator tries to measure the power of candle.
You can also integrate some candles to measure the power. The “Length” is for integrating candles. If the Length is equal 5, it means indicator calculate power of recent 5 candles.
The second editable factor in “Shadow index” which represent the power of shadows.
The last factor in Average Criteria which is the module of comparing the integrated candles to the past market moves.
This indicator do not supposed to create trading signals! But, you can see every time it breaks the static line it is a sign of bulls or bears power.
I personally use it as a candle power meter so I will evaluate the power of breakouts or trend continuations.
[_ParkF]RSI+RSI ----- UPGRADE ----> RSI+
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The RSI index has been upgraded.
The display function of RSI Candle, RSI Line, Divergence, and Divergence Line, which were previous functions, has been maintained.
As an upgrade, two linear regression and two trend lines are drawn.
Since the two linear regression values are different, support and resistance of long-term and short-term linear regression can be confirmed.
The two trend lines also have different period values, so it is possible to check support and resistance that could not be confirmed in linear regression.
Each linear regression and trend line can be turned on and off.
In addition, each linear regression and trend line can arbitrarily modify period values and deviation values.
Log charts and linear chart switches have been added to the trend line.
I hope it will help you with your trading.
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RSI 인덱스가 업그레이드되었습니다.
기존 기능이었던 캔들, 라인, 다이버전스, 다이버전스 라인의 디스플레이 기능은 그대로 유지됐다.
업그레이드로 두 개의 선형 회귀 분석과 두 개의 추세선이 그려집니다.
두 선형 회귀 값은 서로 다르기 때문에 장기 및 단기 선형 회귀의 지지 및 저항을 확인할 수 있습니다.
두 추세선의 주기 값도 다르므로 선형 회귀 분석에서 확인할 수 없었던 지지 및 저항을 확인할 수 있습니다.
각 선형 회귀선 및 추세선은 켜거나 끌 수 있습니다.
또한 각 선형 회귀선 및 추세선은 주기 값과 편차 값을 임의로 수정할 수 있습니다.
로그 차트 및 선형 차트 스위치가 추세선에 추가되었습니다.
당신의 트레이딩에 도움이 되었으면 합니다.
* I would like to express my gratitude to zdmre for revealing the linear regression source.
* I would like to express my gratitude to aaahopper for revealing the trendlines source.
[_ParkF]RSI (+ichimoku cloud)RSI
Typical RSI indicators were plotted with candles and expressed wick to resemble a candle chart,
and linear regression was added to predict changes in force intensity,
which allowed us to confirm support and resistance within linear regression .
In addition, divergence signal was marked as an additional basis for the price fluctuation point due to support and resistance .
In other words,
if the diversity signal appears together when the rsi candle is supported and resisted within linear regression ,
this is the basis for predicting that it is a point of change in the existing trend.
Finally, the period value and standard deviation of linear regression can be arbitrarily modified and used.
I hope it will help you with your trading.
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(+ichimoku cloud)
Clouds made of the preceding span 1 and the preceding span 2 of the balance table can predict the trend by displaying the current price balance ahead of the future.
In addition to the role of clouds in the above-described balance sheet, this indicator also shows the cloud band support and resistance of the current RSI value.
일반적인 RSI 지표를 캔들화 하였고 꼬리까지 포함하여 캔들 차트와 유사하게 표현 하고,
캔들화한 RSI 지표에 선형회귀(채널)를 추가 하여 RSI 지표 특유의 힘의 강도의 변화를 지지와 저항으로 확인할 수 있게 해봤습니다.
또한 다이버전스 신호를 추가하여 선형회귀(채널)로 인한 지지와 저항에 따른 가격 변동의 근거로 삼을 수 있습니다.
즉, 선형회귀(채널) 안에서 RSI 캔들이 지지와 저항을 받을 때 다이버전스 신호가 함께 나타난다면 이는 기존 추세의 변화 지점임을
예측해 볼 수 있는 근거가 됩니다.
마지막으로 선형회귀(채널)의 기간값과 표준편차는 임의로 수정하여 사용할 수 있습니다.
당신의 트레이딩에 도움이 되었으면 합니다.
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(+일목균형표의 구름)
일목균형표의 선행스팬1과 선행스팬2로 만들어진 구름은 현재 가격의 균형을 미래에 선행하여 표시하여 추세를 예측해볼 수 있습니다.
본 지표에서는 위에서 설명한 일목균형표의 구름의 역할과 더불어 현 RSI 값의 구름대 지지, 저항 또한 확인해볼 수 있습니다.
* I would like to express my gratitude to zdmre for revealing the linear regression source.
[_ParkF]RSIRSI
Typical RSI indicators were plotted with candles and expressed wick to resemble a candle chart,
and linear regression was added to predict changes in force intensity,
which allowed us to confirm support and resistance within linear regression.
In addition, divergence signal was marked as an additional basis for the price fluctuation point due to support and resistance.
In other words,
if the diversity signal appears together when the rsi candle is supported and resisted within linear regression,
this is the basis for predicting that it is a point of change in the existing trend.
Finally, the period value and standard deviation of linear regression can be arbitrarily modified and used.
I hope it will help you with your trading.
일반적인 RSI 지표를 캔들화 하였고 꼬리까지 포함하여 캔들 차트와 유사하게 표현 하고,
캔들화한 RSI 지표에 선형회귀(채널)를 추가 하여 RSI 지표 특유의 힘의 강도의 변화를 지지와 저항으로 확인할 수 있게 해봤습니다.
또한 다이버전스 신호를 추가하여 선형회귀(채널)로 인한 지지와 저항에 따른 가격 변동의 근거로 삼을 수 있습니다.
즉, 선형회귀(채널) 안에서 RSI 캔들이 지지와 저항을 받을 때 다이버전스 신호가 함께 나타난다면 이는 기존 추세의 변화 지점임을
예측해 볼 수 있는 근거가 됩니다.
마지막으로 선형회귀(채널)의 기간값과 표준편차는 임의로 수정하여 사용할 수 있습니다.
당신의 트레이딩에 도움이 되었으면 합니다.
* I would like to express my gratitude to zdmre for revealing the linear regression source.
Candle Color by VolumeA simple but effective indicator that paints candles with different shades of colors based on the volume transacted.
-> Supports 6 levels of sensitivity at present. Might enhance the granularity later.
-> Darkest indicates the most volume transacted. Lightest, the least. Change it around however you see fit and based on your theme.
-> Use it for your Volume Spread Analysis and/or in conjunction with any other strategies that you employ.
-> Note that the volume ratio is calculated relative to the average volume of the last n candles ( EMA 20 by default).
Candlestick Trading (Malaysia Stock Market)1. This indicator will indicate signals of bearish/bullish candlestick as below:
- 10 Bear Candles: Dark Cloud Cover, Bearish Kickers, Bearish Engulfing, Evening Star, Three Black Crows, Hanging Man, Shooting Star, Tweezer Top, Bearish Harami, Doji
- 10 Bull Candles: Piercing, Bullish Kickers, Bullish Engulfing, Morning Star, Three White Soldiers, Hammer, Inverted Hammer, Tweezer Bottom, Bearish Harami, Doji
2. In order for the Bear Candle signals to appear, these conditions should be met:
- Price must be above MA 1 (preset at SMA 20)
- Price must be above MA 2 (preset at SMA 50)
- Price must be above MA 3 (preset at SMA 200)
- In the range of specified trading days (preset at latest 10 days of trading)
3. For a strong bearish signal, a namely 'Potential Top' signal will appear on the top of the bearish candlestick signal. This 'Potential Top' signal will only appear under the condition of:
- Stochastic is at overbought area (preset at 75%)
4. In order for the Bull Candle signals to appear, these conditions should be met:
- Price must be in between MA 4 (preset at EMA 30) and MA 5 (preset at EMA 100)
- In the range of specified trading days (preset at latest 10 days of trading)
5. For a strong bullish signal, a namely 'Potential Bottom' signal will appear at the bottom of the bullish candlestick signal. This 'Potential Bottom' signal will only appear under the condition of:
- Stochastic is at oversold area (preset at 25%)
6. This indicator can help one to enter/exit a trade based on the bullish/bearish candlestick patterns that appear at the beginning/end of a trend, especially when the 'Potential Bottom/Top' appears with any of bullish/bearish candlestick signal.
7. However, this indicator is only designed for Malaysian Stocks Market as the script is based on the bids/pips calculation of the Malaysian Stocks Market. Nevertheless, I let the script open for everyone to modify it based on your own preference markets/instruments.
8. Hope you guys enjoy it. Thanks.
NSDT Bearish-Bullish CandlesThis is another interesting take on candlesticks . These Bearish-Bullish Candles do not show the wicks. Instead, the upper wick is made into a Red body and the lower wick is made into a Green body. If you match the candle body color in the chart settings (or turn off the candles completely), you get a unique way of seeing how Bearish or how Bullish a candle is because the wick will now match the body size and color.
This indicator is very similar to our NSDT Special High-Low Candles.
CandleEvaluationLibrary "CandleEvaluation"
Contains functions to evaluate bullish and bearish, engulfing, and outsized candles. They are different from the built-in indicators from TradingView in that these functions don't evaluate classical patterns composed of multiple candles, and they reflect my own understanding of what is "bullish" and bearish", "engulfing", and "outsized".
isBullishBearishCandle()
Determines if the current candle is bullish or bearish according to the length of the wicks and the open and close.
int _barsBack How many bars back is the candle you want to evaluate. By default this is 0, i.e., the current bar.
returns Two values, true or false, for whether it's a bullish or bearish candle respectively.
isTripleBull()
Tells you whether a candle is a "Triple Bull" - that is, one which is bullish in three ways:
It closes higher than it opens
It closes higher than the body of the previous candle
The High is above the High of the previous candle.
int _barsBack How many bars back is the candle you want to evaluate. By default this is 0, i.e., the current bar.
returns True or false.
isTripleBear()
Tells you whether a candle is a "Triple Bear" - that is, one which is bearish in three ways:
It closes lower than it opens
It closes lower than the body of the previous candle
The Low is below the Low of the previous candle.
int _barsBack How many bars back is the candle you want to evaluate. By default this is 0, i.e., the current bar.
returns True or false.
isBigBody()
Tells you if the current candle has a larger than average body size.
int _length - The length of the sma to calculate the average
float _percent - The percentage of the average that the candle body has to be to count as "big". E.g. 100 means it has to be just larger than the average, 200 means it has to be twice as large.
returns True or false
isBullishEngulfing()
Tells you if the current candle is a bullish engulfing candle.
int _barsBack How many bars back is the candle you want to evaluate. By default this is 0, i.e., the current bar.
int _atrFraction The denominator for the ATR fraction, which is the small amount by which the open can be different from the previous close.
returns True or false
isBearishEngulfing()
Tells you if the current candle is a bearish engulfing candle.
int _barsBack How many bars back is the candle you want to evaluate. By default this is 0, i.e., the current bar.
int _atrFraction The denominator for the ATR fraction, which is the small amount by which the open can be different from the previous close.
returns True or false
