Tic Tac Toe Game [TradeDots]Feeling bored with trading?
Time to inject some fun into your decision-making process with our Tic Tac Toe Indicator!
The Tic Tac Toe game transforms your chart into a competitive playground where trading pairs face off in a classic game of Tic Tac Toe.
HOW TO PLAY
Our Tic Tac Toe game invites you to pit one trading pair against another directly on your chart. Choose the competitors and watch as they battle it out in a traditional grid setup.
Navigate to settings and select your competitor pair.
Choose who kicks off the game.
After the close of each new bar, the algorithm will utilize the closing prices of both symbols. These numbers feed into a random number generator which alternates the turns for placing marks on the grid.
The game progresses until one pair aligns three consecutive symbols and wins, or the board fills up. After that, the game resets every three bars, offering continual engagement during active market hours.
MANUAL PLAYING MODE
Currently, due to PineScript's limitations, a fully interactive manual mode is not supported, as all previous data will be lost with each new user input, preventing the replication of existing game states.
However, users can input a sequence at the start, guiding the placement of symbols throughout the game.
Stay tuned for future updates!
PLAY
Three (3)-Bar and Four (4)-Bar Plays StrategyThis strategy analyzes the three and four-bar play which is when price action has a wide igniting bar that has a full body, then one or two narrow bars which have a relatively equal high for long plays and relatively equal low for short plays, then a continuation bar. You should not take plays that will encounter resistance. The stop loss is placed for long plays below the 2nd bar (or 3rd bar for 4-bar play).
This is commonly used on 1m, 2m, 5m, and 10m charts.
Jared Wesley is one of the more notable traders that use this setup. You can edit as an input the start date, end date, igniting bar size, the body percentage of the igniting bar, the relative equality of the 2nd bar (and 3rd bar for 4-bar play) compared to the igniting bar, and profit multiplier.
Three (3)-Bar and Four (4)-Bar PlaysThis indicator shows the three and four-bar play which is when price action has a wide igniting bar that has a full body, then one or two narrow bars which have a relatively equal high for long plays and relatively equal low for short plays, then a continuation bar. You should not take plays that will encounter resistance.
Jared Wesley is one of the more notable traders that use this setup. There will be a label placed on the chart when a play occurs. You can edit as an input the igniting bar size, the body percentage of the igniting bar, and the relative equality of the 2nd (and 3rd bar for 4 bar play) compared to the igniting bar.
3B-Play Finder1 - Objective
2 - How to use (Theory)
3 - How to use (Grade System)
4 - Inputs
5 - Extras and Alerts
6 - Notes
Objective
This script aims to mark 3 Bar play patterns (both short and long) by identifying them on the chart, with an arrow pointing up from long and down for short. Aswell, setting alerts based on grade.
Following the base concept, this script comes with a "grade" system (A, B, C), which aims to classify 3B-Play according to input parameters.
2 - How to use (Theory)
The pattern is described by a wide range Ignite bar followed by a narrow resting bar.
Long
Given a 3 Bar play pattern, with a wide range green bar, the entry point should be above the ignite and narrow bar wicks (high) with stop loss set below the resting bar wick low but within ignite wide range bar.
The exit depends on the chart analysis, and there is no set rule for it.
Short
Similar to long but is with a wide range red bar and entry is defined on wick low and stop-loss at wick high.
3 - How to use (Grade System)
Since 3B-play come in all sort of shapes, some are "textbook" perfect, others a bit more "loose". I set a grading system, to differentiate each one.
The way the 3 Bar play quality is determined is based on the percentage size of the resting bar in relation to igniting bar size, starting from de close. An example of how this works is the following. Note: enabling the extra draws lines helps visually to adjust the grades to your preference.
4 - Inputs
3B Quality section
Enable/disable each grade.
CONTROL LONG / SHORT
Set the percentage values for each grade.
Extras
Enable/Disable extra plots.
5 - Extras and Alerts
This script comes with an extra section, enabling it, draws lines on the max and min values, as well, showing the values in text and the set percentage.
Also, you can set alerts based on the grade and short/long, note you should set the alert to bar close to avoid pre-trigger warnings.
6 - Notes
The script can be shorted a lot, by only looking for a single 3 bar play, to less than 30 lines.
3-Bar and 4-Bar PlaysThis indicator helps identify 3-bar and 4-bar plays, which are price action patterns consisting of a wide ranging bar that breaks above or below resistance or support, followed by one or two collecting/consolidating bars, then a continuation bar in the direction of the new trend. The 3 and 4-bar play is taught by Jared Wesley and Anmol Singh at Live Traders.
The indicator works by looking for a wide ranging bar breaking out of an offset donchian channel, followed by one or two consolidating bars, then a continuation in the direction of the move. The script will place a label on the chart when it spots the pattern and alerts can be set up. Enjoy!
