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
Candlestick-Analysen
Slow Heiken AshiPeriod= Length of the slow HA
Fastend and Slowend = just calculations for the Kama function no need to change those.
Signal= Shows/Hides the triangles
Candlestick Patterns With EMA and Stochastic6/11/15, Corrected barcolor errors.
Candlestick patterns identified and color coded according to position above or below 8EMA(TLine).
Special thanks to repo32, DavidR, and Chris Moody for coding ideas.
Bullish candlestick buy signals have a greater probability of success when Stochastics are oversold. Bearish ones have a
greater probability of success when overbought. Stack as many factors in your favor as possible. A candlestick signal by itself is of little value unless you apply additional information with it. An 8 EMA is coded also to help with buy/sell signals. Some of the videos by Steven Bigalow are on the Web to see how he uses it.
www.youtube.com
Regardless of systems and strategies used, make your second trade first: Know when you're going to exit. Risk management rules. Good luck and good trading.
Candlestick Patterns With EMA
Thanks to repo32 as I embellished on his script "Candlestick patterns Identified" I also copied code ideas from DavidR
and Chris Moody. I have huge respect for you guys who publish script with such ease. My coding is a work in progress.
This script still needs improving. So let me know if you have suggestions.
The whole idea was to present these patterns in context of Steve Bigalow's work. I hope it helps in some way.
3-Bar-Reversal-Pattern Strategy 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 pattern has the lowest low of the three days, with no ties allowed;
- The last day must have a close above the prior day's high, with no ties allowed;
- Each day must have a nonzero trading range.
Fakey pattern (Inside Bar False Breakout)Inside Bar + False-Breakout = Fakey pattern
A Fakey pattern can have a pin bar as the false-break bar or not. Fakey’s are a very important and potent price action trading strategy because they can help us identify stop-hunting and provide us with a very good clue as to what price might do next.
Naked Forex Trading StrategyBased on "How Naked Trading Works" video by Walter Peters: youtu.be I don't know this person and I am in no way affiliated with him. I just found his video interesting enough to make this into a script.
Rules as described by Walter in his video:
1. if current candle makes a higher high than the previous one
2. and is a bearish engulfing candle
3. and has room to the left
4. and is the largest candle (high - low) compared to the last 7-10 previous ones
Then open trade on the next candle once it breaks bearish engulfing candle's low and take profit close above previous support. Stop loss goes a few pips above bearish engulfing candle high
Do the opposite on a bullish engulfing candle signal.
Works best on 1H, 4H and 1D timeframes.
I haven't done any extensive backtesting on this, but it looks like it gives pretty good signals:
Binary Option Arrows (example) [TheMightyChicken]An example of binary option arrows for candlestick patterns bearish and bullish harami. With results as colored background and an option to choose your expiration (one candle by default). It's just an example for those who has their own strategy and wants to make nice arrows in their chart. All you need to do is rewrite piece of script in lines 9:13 - feel free to ask me for any help, but I believe it's all clear.
Disclaimer: It's just an example how to script arrows for binary option and I am not responsible for any loss of money by using this particular strategy.
I wish happy and successful trading! ;)
GRaB Candles by mattlacoco with MMM by Harold_NL V1.1Update v1.1:
GRaB colors now green, red, gray
Added Murrey Range lines.
Cleaned up the code.
GRaB candles and a murrey math "midline" in one script.
Some traders using methods of Rob Booker (40% club, trifecta5) like to use both GRaB candles and Murrey Math to combine, or to compare entry and exit moments.
Color of candles are as GRaB candles.
Midline use: Crossing the midline is a change of color in murrey. Candles closing above the midline would be green and below would be red as murrey candles.
Credits:
Original script of Raghee Horner's GRaB Candles by Matt Lacoco (BUY BLUE SELL RED).
Murrey Math Midline added by Harold van Berk (most code copied from "UCS_Murrey's Math Oscillator_V2" by ucsgears)
Candle colors defined by GRaB
Green bulish, Red bearish, Gray neutral
Dark for close lower than open
Light for close higher than open
Candles that close above the Murrey Math Middle line would normally be (murrey) green. Below would be (murrey) red.
Murrey lines can be switched off in "format" of the indicator.
Candlestick Patterns Identified (updated 3/11/15)I decided to republish this one without the trend filter and with all the major symbols active. This will allow for all the patterns to show up.
Due to 15 different candlestick formations in this one script, it will be difficult to turn off the last few due to screen size. You can turn off individual patterns on the settings screen.
I have everything spelled out except the hammer and inverted hammer. They are "H" and "IH" respectively on the charts. They show up so often that they cluttered the charts.
The default script has: Doji, Evening Star, Morning Star, Shooting Star, Hammer, Inverted Hammer, Bearish Harami, Bullish Harami, Bearish Engulfing, Bullish Engulfing, Piercing Line, Bullish Belt, Bullish Kicker, Bearish Kicker, Hanging man, and Dark Cloud Cover. You can turn off what you don't like. The Piercing Line, Bullish Belt, and the Kickers will usually show up better in the daily charts.
I recommend watching videos with Stephen Bigalow to get a feel for how to trade these. You will want to add an 8 EMA to your chart with his setups. Enjoy.
If you want the old version: Take a look at the related ideas below.
Candlesticks Patterns IdentifiedI was using another script that colored the bars to show the different candle patterns. Thanks to HPotter (www.tradingview.com). Unfortunately, I can't think that fast when looking across a screen of charts with different color bars. Fortunately, Tradingview came up with symbols and names on 2/26/15. I decided to take my favorite symbols and attach them to a name. This makes it easier to see what is going on and where your entry would be if it confirms. Works beautifully for me. Decided to share. I also added the ability to alter what shows up based upon a look back. A bullish engulfing at the top of a trend, or a bearish harami at the bottom of the trend, is nearly useless and clutters the chart. I have the default set for the open of the current bar to be higher or lower than the open from 5 bars back. You can adjust in the settings to what you like. This trend setting is on all the patterns except doji. If you want to see all the candle patterns, set it to "1".
The doji can be adjusted as well. I left some other patterns at the bottom of the script, but they are turned off. They became too much of a clutter for me. I prefer DovCaspi's pattern finder for hammers and stars: I use his due to the clean appearance.
The default script has: Doji, Bearish Harami, Bullish Harami, Bearish Engulfing, Bullish Engulfing, Piercing Line, Bullish Belt, Bullish Kicker, and Bearish Kicker. You can turn off what you don't like. The Piercing Line, Bullish Belt, and the Kickers will usually show up better in the daily charts.
If you would like the updated version, see the Related Ideas below:
UCS_S_Steve Primo - Strategy #5 (FOREX Only)Here we have another Steve Primo Strategy ( #5)
This is a short term, trend continuation strategy, Recommend using this on 30 Mins + time frames.
I have added few things.
1. PET-D filter, to identify the trend along with the SMA 50. ----> Setup in line with PET-D (EMA,15) trend confirmation.
2. Option for Harami Candle identification (may not be Steve Primo Setup), There is no evidence on any of the videos listed below for Harami or other candlesticks pattern.
Future - Planned to add other candle patterns.
Videos from Youtube
1. www.youtube.com -
2. www.youtube.com - Hints disclosed on this video.
3. www.youtube.com - Claims this is his GO TO strategy for FOREX.
4. www.youtube.com - Complete Free Lesson.
Note - I did not buy this Strategy, I do not own in any way shape or form of this strategy as presented in the videos, The Strategy I am posting is my interpretation based on Steve Primo's videos listed above and few more on youtube.
Good Luck folks.
ET/Candlestick 1website: www.ersoytoptas.com
Newspaper : tr.investing.com
Please ... First !!! Your analysis after sicript
LBR Paintbars [LazyBear]
Added coloring of LB bars above/below Keltner Channel (as suggested by user @20813 below in the comments).
Updated code: pastebin.com
See comments section below for a sample chart. Copy the code from the pastebin above and update your local copy (TV doesn't allow me to update an already published code -- yet!).
Added features:
- Switch ON/OFF KC
- Mark LB bars above/below KC
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The LBR PaintBars indicator changes the colour of the price bars based on the trend direction (derived from price & volatility bands). This is mostly used as a confirmation indicator.
For the Pine coders: I suggest trying stdev() in lieu of atr()...some wild combinations can be derived from this simple idea :)
Indicator supports the following options:
- Switching on/off volatility bands
- Switching on/off LBR colors (lime/maroon).
- Color non-LBR bars (blue).
Thanks @mseaworthy for pinging me with this idea.
Complete list of my indicators:
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docs.google.com
CM_Price-Action-Bars-Price Patterns That Work!Price Action Indicator - Price Patterns That Work!
9 Minute Video Goes Into Detailed Explanation
4 Simple but Effective Price Patterns!
Yellow = Inside Bar – Breakout Patterns
Orange = Outside Bar – Breakout Patterns
Green/Red = Pin Bars
Aqua/Fuchsia = Shaved Bars
***MANY Features and Customizing Options…Detailed Overview In Video.
How To Turn Bars Patterns On And Off.
Ways To Customize.
General Thought Process of the 4 Price Action Patterns.
What Each Setting in the Inputs Tab Does.
***Special Announcement. Video Below Just Updated. Received a Special Promotion from the creator of these Price Action Bars and Many other Price Action Setups. Hedge Fund Manager and Founder of 2ndSkiesForex.com Chris Capre.
1st 10 minutes of Video is covering throughout process and how to implement the Indicators.
2nd 12 minutes covers a Special Promotion offered to TradingView members directly from Chris Capre.
Video Link Below.
vimeopro.com
This Version of the video will be taken down 2/01/2015 and the original video will be uploaded again.
OWS/OBCUpdated OneWhiteSoldier, OneBlackCraw script. This now also shows STRONG patterns where both open and close is above prior's day close for OWS and vice versa for OBC
CM_DayOfWeek All Instruments V2Updated Code That Highlights Bars Based On Days Of The Week.
Works On Daily and Intra-Day Bars.
Works on All Instruments. Stocks, Forex, Futures, Bitcoin.
Shows Correct Trading Sessions!!!
Ability to Turn On/Off Each Day Of The Week via Inputs Panel.
Hammer, Hanging man, Shooting star, Inverted hammer IndicatorsThis script creates Hammer, Hanging man, Shooting star, Inverted hammer chart indicators.
RED + CROSS = Sell
GREEN + DOT = Buy
Candlestick MathThis is an updated version of my previous post, with the option to specify which symbol you want it to show up on.
This is a script I made to do what is called candlestick math (if you're not sure, Google it). It will take the first open, the last close, and the highest high and lowest low from a range of candlesticks, and plot it on top of the chart.
Unfortunately, there is no way to make it so you can move it with your mouse, and the bar numbering is not the same as the regular drawing tools, so to figure out what the line number is, create a new script with the text:
study("Plot N")
plot(n)
This will create another chart that will show you the bar numbers that correspond to the script's bar numbers. From there, figure out where you want to start the candlestick math, and enter that number in the "Start" field in the inputs for this script.
Candlestick Math(Re-post with better graph)
This is a script I made to do what is called candlestick math (if you're not sure, Google it). It will take the first open, the last close, and the highest high and lowest low from a range of candlesticks, and plot it on top of the chart.
Unfortunately, there is no way to make it so you can move it with your mouse, and the bar numbering is not the same as the regular drawing tools, so to figure out what the line number is, create a new script with the text:
study("Plot N")
plot(n)
This will create another chart that will show you the bar numbers that correspond to the script's bar numbers. From there, figure out where you want to start the candlestick math, and enter that number in the "Start" field in the inputs for this script.
Candlestick MathThis is a script I made to do what is called candlestick math (if you're not sure, Google it). It will take the first open, the last close, and the highest high and lowest low from a range of candlesticks, and plot it on top of the chart.
Unfortunately, there is no way to make it so you can move it with your mouse, and the bar numbering is not the same as the regular drawing tools, so to figure out what the line number is, create a new script with the text:
study("Plot N")
plot(n)
This will create another chart that will show you the bar numbers that correspond to the script's bar numbers. From there, figure out where you want to start the candlestick math, and enter that number in the "Start" field in the inputs for this script.
ZoneBarsBill Williams Zone and Squat Bars. See New Trading Dimensions by Bill Williams, PhD.
Bars are green (green zone) when the Awesome Oscillator and Accelerator/Decelerator are both positive.
Bars are red (red zone) when the Awesome Oscillator and Accelerator/Decelerator are both negative.
Bars are blue when a squat bar is formed, these indicate a battle between bulls and bears and often happen near trend continuation or trend changes.
Caution: Assumes chart is a bar chart - not a candle chart.
Caution: Squat bars are accurate only with official exchange volume data - BATS data will give false squat bars.
Indicator: Intrady Momentum IndexThe Intraday Momentum Index (IMI), developed by Tushar Chande, is a cross-breed between RSI and candlestick analysis. IMI determines the candle type that dominated the recent price action, using that to pinpoint the extremes in intraday momentum.
As the market tries to bottom after a sell off, there are gradually more candles with green bodies, even though prices remain in a narrow range. IMI can be used to detect this shift, because its values will increase towards 70. Similarly, as the market begins to top, there will be more red candles, causing IMI to decline towards 20. When the market is in trading range, IMI values will be in the neutral range of 40 to 60.
Usually intraday momentum leads interday momentum. QStick can show interday momentum, it complements IMI. You will find it in my published indicators.
I have added volatility bands based OB/OS, in addition to static OB/OS levels. You can also turn on IMI Ehlers smoothing. BTW, all parameters are configurable, so do check out the options page.
List of my other indicators:
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- Google doc: docs.google.com