This script changes the color of the candles based on uptrend (green), downtrend (red), neutral/chop (yellow). It uses an ATR and Pivots to determine the direction, or lack of. Since all markets move differently and market volatility changes, you will need to adjust the settings to find a potential match for the day. It's pretty simple to use. Just enter in the...
This draws candlesticks from higher time frames on the current chart. I tried to keep the script simple using some newly introduced Pine capabilities.
To change the options like the higher time frame and candle colors, check the indicator settings.
Looking forward to your opinions!
According to TradingView the Detrended Price Oscillator is an oscillator that removes trend from price in order to more clearly show an instrument's cyclical
highs and lows so that an investor or trader may more easily time when to buy or sell the underlying instrument. Accordingly, it is not meant to be used as a way of gauging momentum, however, I find it...
This is an updated version (with lots of extras added) of the Accumulation/Distribution indicator coded by @Cl8DH.
You can read about what he says about his indicator, and how to use it, here:
So, from that, what have I done?
I added a moving average (of which there are many types to choose from) so that you can use this as a "two lines cross" indicator, as...
DECP is simple and easy to use!
It detects bullish and bearish engulfing candlestick patterns.
After detecting the patterns I've said, it mentions that the pattern is going to continue its direction to up or down.
But remember candlestick patterns don't determine targets and it's possible that predicted directions fail.
So use it carefully and enjoy it!
Hi, again. Here I have a nice moving average script designed to get you into trends and keep you in trends until the opportune moment comes to exit. And, as with any indicator, or suite of indicators, designed to get one into trends and keep him/her in a trend, they do not do so well in chop/ranging/mean reversion conditions, though I would say this one is better...
Simple script for finding Hikkake patterns in charts.
This script will:
- Identify bullish / bearish variants of the Hikkake pattern.
- Allow the user to change the color scheme for the bullish / bearish variants.
- Allow the user to specify which Hikkake patterns will be recognized by this hunter (specifically, allowing which of the three candles after the...
Have been looking at YouTube and found a few videos about Blended Candles. Couldn't find a script here so I decided to script something myself.
I have also added a couple of EMA's, saves having to put them in individually.
You can Look Back as far back as you want but I find that each time frame looks better if you keep it to multiple of the next
IE : 1 min -...
A simple script that places a bar at the bottom of the chart to indicate the direction of Heiken-Ashi candles - while still using traditional candles on the main chart. Try setting the bar on a higher timeframe to see the overall direction of the trend, while using traditional candles for entries/exits.
This is a better, cleaner version (in my opinion) of an part of an indicator I was using that was coded up by cI8DH. I reached out to him about cleaning up the code (things weren't working) for Pinescript v4, but he no longer seems to be active, so I thought I might take it upon myself to at least work out this portion of the indicator.
Much credit goes to him....
This indicator gives you the percentage movement of each candle. Measurements are taken between the candle High point and Low point, and also between the Open and Close and calculated in percent %. From there it smooths out the data with a moving average. This gives you an idea of how much volatility is within each candle given the time resolution of the chart.
I...
Hello All,
Tick Chart is created using ticks and each candlestick in Tick Chart shows the price variation of X consecutive ticks ( X : Number of Ticks Per Candle ). for example if you set Number of Ticks Per Candle = 100 then each candlestick is created using 100 ticks. so, Tick Charts are NOT time-based charts (like Renko or Point & Figure Charts). Tick is the...
- This is a analysis tool.
Brief Description
- It generates candlestick containers for current timeframe, using OPEN/HIGH/CLOSE/LOW data from higher time frames.
- Current version supports up to 4 CVB at the same time. Usually using only 2 is enough.
- Vertical extended divisions for 1h, 4h, 1D and 1W using background lines are included too.
* Report any bugs...
+ %B is, at its simplest, the classic Bollinger Bands %B indicator with a few added bells and whistles.
However, the right combination of bells and whistles will often improve and make a more adaptable indicator.
Classically, Bollinger Bands %B is an indicator that measures volatility, and the momentum and strength of a trend, and/or price movements.
It shows...
Based on basic Nimblr TA, Momentum Candles combined with Breakout/Breakdown can detect a change in trend direction.
Nimblr mainly categorizes candlesticks into Momentum (Body > 50%) and Indecision (Body < 50%) candlesticks.
⁕ shows Momentum Candles, others are Indecision Candles
↑ shows Breakout
↓ shows Breakdown
Yellow lines show the current Indecision candle...
