Candlestick Indicator by Crypto_Adhyeta

2021년 4월 8일

A script to identify possible trend reversal based on Candlesticks. The correct candlestick type is identified by the relative position to Exponential Moving Average.

It detects:
- Hammer - if emerges during a downtrend (close below EMA(5)), the downtrend should end.
- Hanging Man - if comes after a advance (close above EMA(5)), the uptrend should end.

Confirmation:
- for aHammer not required
- a Hanging Man should be confirmed by lower close by the next candle

2021년 4월 9일

릴리즈 노트

Exponential moving average set to 4.

2021년 4월 11일

릴리즈 노트

revised script code

2021년 5월 3일

릴리즈 노트

"Doji" candlestick identification has been added. Tolerance of 0.01% between Open & Close is being used.

2021년 5월 4일

릴리즈 노트

revised code

2021년 5월 4일

릴리즈 노트

EMA changed back to 5.