This draws a label to alert user when a higher timeframe candle closes on a intraday chart. Purpose of it is so that people who mainly use lower timeframe charts do not forget to look at higher timeframe candle closes.
Supply and Demand - Order Block - Energy Candles Description An experimental script, designed as a visual aid, to highlight the last up or down candle before a fractal break. We can assume these candles where the point of origin that generated enough strength to break recent structure. By using them as reference points, traders are expected to follow their...
Few Months ago I started wanted to code a candle which alerts me when a Rally may be over in Bearish Conditions and today I have created a candle which is 1. subjective but more importantly appears in areas where buying pressure is at either a climax or in the process of a decline and this is where the Rally Candle signals. This shows momentum may be shifting and...
Style boxes are a classification scheme created by Morningstar. They visually provide a graphical representation of investing categories for equity investments. A style box is a valuable tool for investors to use when determining asset allocation. There are 9 categories: Large Value, Large Blend, Large Growth Medium Value, Medium Blend, Medium Growth Small Value,...
// How it Works \\ This script calculates the open and close prices of Heikin Ashi candles across multiple timeframes, If the candle formed on that timeframe is green it will display in the table a green square, If the candle is red, the square will display red. // Settings \\ You can change the colours of the plots You can also Change any of the timeframes...
This indicator was specifically built to be used for trading the Scalpius Trading System promoted by @scottphillipstrading. Additionally I've added Daily and Weekly Highs, Lows and Central Pivot lines The central indicators used in the Scalpius trading system which are included here are: The Bollinger Band, chart plotting of Pin Bars (Hammers & Shooting Stars) and...
The Titan Engulfing Retracement Zones indicator detects Engulfing Candlesticks on a higher user defined timeframe, and uses that event to plot retracement and extension levels on the chart for ease of users' chart reading and trade execution. The four retracement levels, two of which delimit the target entry zone, and another two delimiting the target exit zone,...
These candlesticks fill with opacity based on the significance of the volume compared to the volume's EMA.
Script calculates & displays the average price of two selected points. Request from @Bosstradamus3 on Twitter. This is a quick & dirty script that should be updated in the future. If you use it and/or modify it, I'd love to hear about it. Once the indicator is selected, click & drag the label base to reset starting & ending points. To display label on top of...
Multiple Wicks forming at OverSold & OverBought levels create Buying and Selling Pressure. This Script tries to capture the essence of the buy and sell pressure created by those wicks. Wick pressure shows that the trend is Exhausted. How it works: This Wick Pressure Indicator checks for three candles forming the wicks in overbought and oversold zones. The...
This little scrip is used to automatically draw the most important time periods of the DAX Futures into your chart. You can use the configuration gear to adjust the position of the rectangles based on the current price level.
This indicator colors the candle body based on whether it closed as an Inside Bar (IB) or an Outside Bar (OB). Inside and outside bars can be powerful triggers to enter or exit trades from, when price breaks above or below the candle. The coloring of only the body and not the border of the candle makes it possible to still know whether the candle was...
Anyone who follows Arty knows about his "Big A** Candle" strategies. I didn't like the BAC indicators that had code available so I wrote this one that has some decent flexibility and display options. You can use this to enter a trade immediately after a BAC, probably in the opposite direction and ride the pullback that usually occurs or just use it to avoid...
Hello everyone, this is a simple script for determining a qualified Pinbar (1) Indicator introduction This indicator can combine multiple K-lines and determine whether the combined K-line is a qualified Pinbar Supports the calculation of Pinbar strength and filters out undesirable Pinbars by a minimum threshold (2) Parameter introduction - Pinbar...
This indicator uses allows its users to locate classifications of candles based on user defined input. Using a % of candle range the user can specify, High Wick % Candle Body % Low Wick % The user can also search for candles within a (user defined) variance range. A nifty feature of this indicator is the display of your criteria, so that you can be reminded while...
Hello traders, I would like to present you ICT Fair Value Gap script. The idea is the same as in my other script to look form imbalances. I have improved the previous script from teaching of ICT and created this script to train the eye to see those gaps. Shrinking option also shows if the gap has been already filled and also in case gap is filled you can get...
Hammer and Shooting Star Candle analysis >) “The home crowd have been right behind their team and there are boos for the officials as they walk off at half-time. Elanga was unfortunate not to win the free-kick, although the clearer foul on him had come before the final tumble. He is entitled to think the ref would bring that back. Instead, United are a goal down.
Combine & Merge Candlesticks with EMA You can do the following:- 1 min - look back 5 (5 min) up to 15 (15 min) 5 min - look back 3 (15 min) up to 12 (1 hour) 15 min - look back 4 (1 hour) up to 16 ( 4 hours) 1 hour - look back 4 (4 hours) up to 8 (8 hours - 1 trading session) 4 hour - look back 2 (8 hours - 1 trading session) up to 6 ( 1 Day) 1 day - look back 5 ( 1 week)