Dragonfly Doji with DMI and Volume FiltersA Dragonfly Doji is a type of candlestick pattern that can signal a potential reversal in price to the downside or upside, depending on past price action. It's formed when the asset's high, open, and close prices are the same. The long lower shadow suggests that there was aggressive selling during the period of the candle, but since the price closed near the open it shows that buyers were able to absorb the selling and push the price back up.
The study enhances standard Dragonfly Doji accuracy by clearing out market noises and manipulations from the indicator's triggers. Specially selected values of Directional Movement Index (DMI) components detect only strong signals while RSI bands indicator is used to find the safiest signals' closure moments.
The indicator can be applied to trading pairs with USD, USDT, ETH and BTC quote currencies. It is better to check the recent performance on each particular trading pair before apply it. The Indicator supports spot, futures and marginal trading exchanges. The best performance is obtained while using at 15m timeframe and for scalping signals
Advantages of this indicator:
1. Weak signals and market noises are filtered. This allows to receive only strong and confirmed alerts
2. The indicator includes both
Study with built-in custom alerts to use with your own software through web hook connection.
Strategy with configurable risk management settings (order size, commission, take profit, stop loss and trailing). This provides you opportunity of direct broker connection and allows to conduct backtests before applying the strategy to real account
How to use?
Long signals:
1. Apply indicator to the trading pair your are interested in at 15m timeframe chart
2. Once conditions are met price action candle will be colored yellow and DD label will be drawn. Place a long position and wait. The
3. Once price action breaks RSI resistance band, retraces and closes below the band the signal is finished and the position should be closed
Automatic strategy:
When conditions of long or short position from the strategy are met the script opens position.
Strategy.exit closes the position once risk management settings are met.
Strategy.close closes the position once RSI band rejection is confirmed
If you want to obtain access to the indicator please send us a personal message
If you want to obtain access to the indicator please send us a personal message or leave a comment
Candlestick-Analysen
Bollinger Band Reversal StudyThis strategy was inspired by ParallaxFX.
This strategy attempts to predict when a price reversal will happen. It uses bollinger bands, stochastics and candle formations.
The idea is that when an indecision candle, such as a doji, crosses outside the bollinger bands, then is followed by another candle that pushed sharply back inside the bands, you have a setup.
These setups are marked with green arrows to go long and red arrows to go short. Wait until the next candle begins before acting. The arrow may come and go as the price fluctuates, so wait until the candle closes.
Another play is when the same setup occurs, but on the middle bollinger band instead of the outer band.
These setups are marked with blue arrows to go long and yellow arrows to go short. Wait until the next candle begins before acting. The arrow may come and go as the price fluctuates, so wait until the candle closes.
Closing can happen a number of ways. You can use a predetermined risk-reward or look to sell when the price reaches another band.
In summary.
Go long when a green or blue arrow appears.
Go Short when a red or yellow arrow appears.
Green arrows show signs of reversal from lower BB.
Blue arrows show signs of reversal from middle BB.
Red arrows show signs of reversal from upper BB.
Yellow arrows show signs of reversal from middle BB.
Wait for candle with arrow to close before taking trade.
Steady Swift by Hashtag_binarySteady Swift is an indicator that shows the forex sessions and the highest and lowest points of each session of the day.
The sessions that appear on the indicator are Tokyo, London and New York.
The calculation of each session is per hour and goes from 0 to 24 hours, where point 0 begins in the Tokyo session.
In the settings part sessions can be selected or removed, just as you can choose if you want the high and low points to be measured from the wick or the body of the candle, and you can also place the colored background or remove it if you wish (as a preference it is better to leave the background color).
The lines (either current or past) of the high points and the low points of each session can be modified in thickness.
There is a variety to choose the color of the sessions. Even modify the term of each session.
00,25,50,75,00 - RND/LVL00,25,50,75,00 - RND/LVL
This concept is very simple..
Use round numbers as support and resistance, target the (.25 - .50 - .75) levels for take profit..
Basically, the rounds numbers are high liquidity zone (psychological and banks levels)
You can clearly see the price moving between those zones.
Recommanded timeframe : M30-H1-H4 (M15-M30) for entry..
I usually look at rejection at those levels for short or buy depend of the context.
You can place SL on the next .25 pips over the hard round numbers resistance-support.
Good Luck and if you have any comments, write bellow.
Thanks!
Here some example :
SOT INDICATOR for VSARussian language
SOT бар для VSA (Volume spread analysis)
Индикатор обозначает бары указывающие на остановку цены и возможный разворот.
Индикатор в первую очередь написан для таймфреймов от одного часа. На таймфреймах менее 1 часа сигнал будет приводить к неверным результатам, поскольку вечерние объемы существенно ниже дневных.
условие 1: закрытие текущего бара близко к закрытию предыдущего (достигается путём сравнения среднего диапазона последних 5 баров)
sma(high-close,5) - это средний диапазон за 5 баров
итого получается разница между закрытиями меньше 1/2 среднего диапазона за последние 5 баров.
Условие 2: должен быть хвост продаж или покупок (критерий - составляет не менее 2/3 от всего диапазона бара)
Условие 3: объемы должны быть увеличивающиеся (я взял, что текущей объем должен быть больше среднего за последние 5 баров)
Индикатор следует использовать совместно с теорией VSA.
English language (Google Translate)
SOT bar for VSA
The indicator indicates bars indicating a stop of the price and a possible reversal.
The indicator is primarily written for time frames from one hour. On time frames of less than 1 hour, the signal will lead to incorrect results, since evening volumes are significantly lower than daily volumes.
Condition 1: closing the current bar is close to closing the previous one (achieved by comparing the average range of the last 5 bars)
sma (high-close, 5) is the average range for 5 bars
total, the difference between closures is less than 1/2 of the average range for the last 5 bars.
Condition 2: there must be a tail of sales or purchases (the criterion is at least 2/3 of the entire range of the bar)
Condition 3: volumes must be increasing (I took that the current volume should be more than the average for the last 5 bars)
The indicator should be used in conjunction with VSA theory.
3 bar play partial1 1:1, take all 2:1 By ChenycoThis script is trying to find 3 Bar Play pattern and take profit of 2:1 with option to partial at 1:1.
The pattern has a weighted first bar and then a smaller bar with relative equally high. The first entry should be by the next bar only.
Parameters:
* Default strategy parameters, including initial capital and commissions.
* Risk Unit $ - The risk unit per trade in currency.
* Weighted Bar ATR Ratio - the ratio between the weighted bar true range to the ATR.
* Small Bar Ratio - The ratio between the smaller bar true range to weighted bar.
* Equal Price Ratio - The ratio of acceptable price change in compare to the stock price.
* Partial Qty Ratio - The ratio of the first partial equity.
Good luck!
Chen.
|AG| Master Detector|AG| Master Detector
This Script search the nearest pivot in the base of the price movement "Close"
Only the nearest Support and Resistance will be plotted.
An informative label is included in the indicator with the option of a turn on/off.
Pivot Level, Time, Pivot Calculation, and Price Is included in the label.
There are 3 Options for the pivot calculation (Detection):
=>Camarilla
Only detect the pivots > than R3 and lower than < S3
Is going to detect even until S6 and R6
=>Traditional
In this case, Detect all pivots levels
And maintain as a constant the Main Pivot without
=>Fibonacci
Same as camarilla
Only detect the pivots > than R3 and lower than < S3
Exception detecting until R5 and S5
////The LockBack Option////
This Script also includes an option to only plot a certain amount of days back.
Mainly for have a more clear chart.
/////Color Options/////
Includes different colors that can be selected changing the pivot levels, labels, and candles.
////Candles Color///// (Optional)
The color change of candles can be activated or deactivated in the base of the trader preferences
Is going to plot color when the price is higher than Main Pivot in "720" Time Frame
The color is linked with the //Color Option// Changing all at the same time to preserve a minimalistic design.
Color Options Examples:
Please PM me on Trading View For Access
Demo Price Action in RSI Overbought/Oversold zoneCatch Pinbar/Fakey in RSI Overbought/Oversold zone.
Volume Spread Analysis Indicators [Volume Trader]This indicator is based on Volume and Price spread analysis developed by tom williams.
It shows following indicators based on price range and volume data
Bearish Indicators
1. Buying climax
2. End of Rising Market
3. Upthrust
4. Smart selling
5. No Demand
6. VDD
Bullish Indicators
1. Selling Climax
2. End of falling
3. Stop Volume
4. Reverse Upthrust
5. Shakeout
6. VDU
6. No supply
Indica-v1Indica will help identify standard CandleStick Patterns over any financial instrument under CandleStick Analysis.
Currently it supports Bullish / Bearish Engulfing and PiercingLine CandleStick Patterns. More Indicators will be added going forward.
It's in beta mode and the script is protected as well, if you need access please reach out to me for private access.
Disclaimer: This script is tested against Indian stocks only for now, no other instruments or other markets were verified by the author. Also the author never recommends any trades on any kind of instruments based on the indicators generated by this script and is not responsible for the outcomes of your actions.
Candlestick Patterns - BisayaTCThe script displays a label when a candle stick pattern is detected based on Trends. This is related to the latest Candlestick patterns released in TradingView. I've created this to have all candlestick patterns in one indicator.
Candlestick Patterns can be one of confirmation of a trend you're following or a reversal.
DISCLAIMER: For educational purposes only. Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security or investment including all types of crypto. DYOR
Combined Candlestick PatternsI combined all the build-in candlestick patterns scripts into one single script so anyone who does not have a Pro plan can display all the patterns in the same chart.
Leave a comment for any feedback!
TH Pin Bar Identifier This indicator marks both bullish and bearish Pin Bars. It helps you see potential turning points on the chart.
You can set the following on this indicator:
Length of lookback: The number of candles to compare the Pin Bar candle to. For a bearish Pin Bar, is this the highest high over the last X number of candles? For a bullish Pin Bar, is this the lowest low over the last X number of candles? The default is 2.
Percentage of wick: How big should the wick be, compared to the total candlestick body? The default is 66%.
You can change the symbol that's use to mark the Pin Bars.
By using this indicator, you accept full responsibility for any trades taken with this indicator. This indicator does not provide trading advice of any kind.
Candlestick indicators combinationWith the inclusion of the candlestick identifiers added to trading view today, I have compiled my favourite identifiers and put them together here. This way, you can see the following together instead of separately:
Bearish Engulfing
Bullish Engulfing
The Morning Star
The Three White Soldiers
The Hammer
The Inverted Hammer
See Investopedia for more on these indicators.
In addition, I have made the indicators to show green if indicating a bullish trend, red if indicating a bearish trend, and blue if indicating something else. Please validate these indicators with other factors like EMA before proceeding to make a trade.
Please let me know if there are other indicators you would like me to compile to this list.
Best wishes, and happy trading!
Jackrabbit.modulus.DCAThis is the Dollar Cost Averaging (DCA) for the Jackrabbit suite and modulus framework.
The blue line is the current average price of the asset.
The red line is the deviation boundary. Price action must be below this line for buys to be signaled.
The green line is the take profit. Price action must be above this line for a sell signal to be generated.
Here is a list of the settings:
Buy method: DCA or Strategy. DCA allows the module to decide buys based upon the methodology (step, price). Strategy added to the average on the basis of a buy signal from the strategy, but only when it is below the deviation and is the most organic of dollar cost averaging.
Sell Method. Take profit or Steategy. Take Profit sells the asset as soon as the price action crosses above the take profit line. Strategy sells on the basis of a sell signal, but only if it is above the take profit. Selling never occurs at a loss, with the only exception being the exit point.
Methodolgy: Step or Price. Stepping allows a fixed and uniform averaging ant percise intervals of deviation. Price is a very aggressive approach that will drive the average down on the basis of the difference between the average and the current price action. The price methodology is VERY high risk.
Take Profit, which describes the average profit percent of the combined positions.
Deviation, which describes the percent boundary for which price action must drop before additional assets are purchased.
Sideways Breaker: This algorithm breaks the sideways rut by forcing a purchase after X days, minimum 1 day.
Exit Position: Internal stop loss expressed in the number of buys.
It is important that when you establish your sell signal, ALL positions must be sold to ensure the average profit. If required, use a CLOSE ALL message provided by your platform. Also, any platform specific DCA or Safety Orders will cause losses as this script can not track their value. It is recommended that these features not be used.
The Jackrabbit modulus framework is a plug in play paradigm built to operate through TradingView's indicator on indicatior (IoI) functionality. As such, this script receives a signal line from the previous script in the IoI chain, and evaluates the buy/sell signals appropriate to the current analysis.
This script is by invitation only. To learn more about accessing this script, please see my signature or send me a PM. Thank you.
Pinbar识别器This is a Pinbar Monitor which design for Chinese.
这是一个Pinbar识别器。
本脚本的目的在于帮助使用中文的人了解该指标，特别是其用法。同时将该指标代码添加完整的中文注释，方便使用中文的人学习Pine语言。
Pinbar概念来自于Price Action，基本类似于国内K线分析中的十字星，锤子线。该指标的主要功用在于帮助识别盘面出现的Pinbar，分为牛市Pinbar和熊市Pinbar。
对Pinbar的量化定义
熊市Pinbar
1 前一根K线，必须为阳线；
2 K线实体必须小于前一根K线；
3 下影线高度至少大于0.5倍实体高度；
4 上影线高度至少是2倍实体高度。
牛市Pinbar
1 前一根K线，必须为阴线；
2 K线实体必须小于前一根K线；
3 上影线高度至少大于0.5倍实体高度；
4 下影线高度至少是2倍实体高度。
指标局限性
因为Pinbar出现的概率比较高，所以切勿直接按信号交易，应考虑其他的分析方法，综合考虑再决定是否交易。
K线组合识别器（Candlestick Pattern Monitor）This is a Candlestick Pattern Monitor which design for Chinese.
这是一个K线组合的识别器。
本脚本的目的在于帮助使用中文的人了解该指标，特别是其用法。同时将该指标代码添加完整的中文注释，方便使用中文的人学习Pine语言。
K线组合是国内技术分析里最常见的分析方式之一。K线组合种类丰富，各类证券类书籍中均有总结，本识别器选取其中几种传播度最高几个K线组合，将其量化，使用机器辅助识别K线组合。
射击之星
射击之星，在股价运行的高位，一根中阳或者大阳线之后出现长上影K线，往往是较为强烈的看空信号，K线的实体部分很小或者为十字线，上影线一般为实体K线的两倍以上。
量化要点：
1 上一根K线须是一根实体高度必须大于最近10根K线实体平均值1.5倍；
2 上影线至少是实体的2倍；
3 下影线不大于实体的0.5倍。
乌云盖顶
乌云盖顶组合，第一根K线为大阳线或者中阳线，第二天跳空高开，第二根K线的开盘价远高于第一根K线的最高价，但是收盘却跌入第一根K线的实体部分，第二根K线收盘价越底，则拐点的信号越明确。
量化要点：
1 跳开，即当前K线开盘价大于上一根收盘价；
2 上一根K线须是一根实体高度必须大于最近10根K线实体平均值1.5倍；
3 当前K线收于前一根K线实体下半部分。
三只乌鸦
三只乌鸦组合的构成，股价上涨的高位区域，一根大阳线之后连续出现三根小阴线，每一根阴线都是跳空高开，但是收在当日最低附近。
量化要点：
1 连续三根阴线；
2 三根阴线的实体都小于最近十根K线实体的平均值。
下跌三部曲
下跌三部曲的构成，一根大阴线或者中阴线之后，随后的交易日连续三根价量逐日萎缩的小阳线，三根小阳线的最高价未能击破前面阴线的开盘价，随即股价重回下跌趋势，并再报收大阴线或者中阴线。
量化要点：
1 组合第一根K线为阴线；
2 组合的第二至第四根K线都为阳线；
3 第四根K线收盘价不高于第一根K线开盘价；
4 第五根K线为阴线，且收盘价低于第二根K线开盘价。
早晨之星
早晨之星由三根K线组合成，第一根是中阴线或者大阴线，第二根是小阳线或者小阴线，第三根为中阳线或者大阳线，如果第二根是十字线，也成为早晨之星，第三根阳线实体切入第一根阴线的实体之内，切入的幅度越大，信号越明确。
量化要点：
1 第一根K线为阴线，且实体高度大于最近十根K线实体的平均值的1.5倍；
2 第二根K线实体高度小于最近十根K线实体的平均值，且上影线小于实体的0.5倍，下影线大于实体的2倍；
3 第三根K线为阳线，且收盘价大于第一根K线开盘价。
红三兵
红三兵构成，三根上涨的小阳K线，如果出现在大跌之后的底部区域或者盘整区域，再配合成交量，往往成为上涨行情的先兆。
量化要点：
1 三根K线均为阳线；
2 三根K线的实体均小于最近十根K线实体的平均值。
指标局限性
因K线组合出现的频次均较高，所以K线组合需结合其他分析方式一起考虑。
Shark-32 Pattern for Candle sticks AnalysisThis script is the perfect strategy for the all mighty shark-32 pattern.
It shows the power tussle between demand and supply before either of them finally gives up.
Hide Active BarWe are not supposed to make trading decisions based on active bars (bars that have not closed), right? Well sometimes my trigger finger gets a little twitchy when I'm awaiting an entry and an active candle starts to pull away or I'm in a trade and an active candle pushes against me.
Therefore, I made a VERY simple indicator that ghosts the active bar. You can see the outline but the body is transparent to emphasize that you should await its close before deciding what to do...
Very simple script but hopefully it will help me (and others) to remain a little calmer in the moment.
In case the bar recolour does not show in the main image - here it is below.
DC v0.1Hey traders!
This is a simple script to show some information about the candles on your screen.
Currently it shows:
- Pinbars
- Inside bars
- Bullish engulfing candles
- Bearish engulfing candles
Quick explanation about the settings:
- Wick to candle range ratio (default 0.7): Pinbar wick needs to be at least 70% of the candle range
- Part of wick that stands out to previous candle (default 0.3): Pinbar wick needs to end at least 30% above/below previous candle to stand out to that candle
- Engulfing candle body to range ratio (default 0.7): Engulfing candle needs to have at least 70% body to show strength
Let me know if you have suggestions, improvements or issues!
HTF Candlestick Patterns [TradingView] vX by DGTCandlesticks are graphical representations of price movements for a given period of time. They are commonly formed by the opening, high, low, and closing prices of a financial instrument. They have their origins in the centuries-old Japanese rice trade and have made their way into modern day price charting.
It’s important to note that candlestick patterns aren’t necessarily a buy or sell signal by themselves. They are instead a way to look at market structure and a potential indication of an upcoming opportunity. It is always useful to look at candlestick patterns in context like any other market analysis tool and candlestick patterns are most useful when used in combination with other techniques. There are countless candlestick patterns that traders can use to identify areas of interest on a chart, where some candlestick patterns may provide insights into the balance between buyers and sellers, others may indicate a reversal, continuation, or indecision.
Reversal patterns are quite useful when used in context. Reversal patterns should form at the bottom of a downtrend or at the top of an uptrend. Otherwise, they are not a reversal patterns, but continuation patterns. Most reversal patterns require confirmation such as price move in the direction of reversal accompanied by appropriate trading volume. The reversal patterns can further be confirmed through other means of traditional technical analysis—like trend lines, momentum, oscillators, or volume indicators—to reaffirm buying or selling pressure. The patterns themselves do not guarantee that the trend will reverse. Investors should always confirm reversal by the subsequent price action before initiating a trade.
This study implements some of the most commonly used candlestick patterns in a context with directional movement indicator. On request users can adjust the strong trend threshold from dialog box, eighter can disabled correlation with directional movement indicator. To add additional sight to analysis the simple moving averages of 20, 50, 100 and 200 periods are added (configurable)
You may add additional indicators of your choice. Colored DMI, BB Cloud or Price Distance to its MAs may help
Enjoy it!
Disclaimer: The script is for informational and educational purposes only. Use of the script does not constitutes professional and/or financial advice. You alone the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd tradingview user liable for any possible claim for damages arising from any decision you make based on use of the script
Hull Candles [BigBitsIO]This script is for custom candles based on an HMA calculation with a default period of 10 as well as an SMA of the close price, defaulted to 1 period to only show the current price. The purpose of the custom candles is to try and reduce noise from candles and help identify trends. These custom candles somewhat resemble Heikin-Ashi candles in their appearance.
Explained:
- Open, High, Low and Close (o, h, l, and c) are all calculated using an HMA calculation based on a user input length/period, defaulted at 10.
- Candle colors are determined by using the same HMA calculation on the ohcl4 and comparing it to the previous candle. Green candles have an ohlc4 greater than the previous candle, all other candles are red.
- The current price is plotted with the default blue line with an SMA calculation with 1 period to allow customization of smoothing if necessary to identify trends.
DISCLAIMER: For educational and entertainment purposes only. Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security or investment including all types of crypto. DYOR, TYOB.
