I am not certain if something similar is already available out there. However, here's my own implementation of my simple idea of using the length of the candle-body, or wicks (high-low), to derive a Relative Volatility Index / Oscillator.
In summary: When the R.CVI is significantly positive, it indicates a sudden increase in volatility; whereas, when the R.CVI...
this study is another script based on the candlestick pattern . there are a few filters implemented to be applied to the output result to clear out noises. it sounds like finding real Dark Cloud Cover instances are too rare (interesting though!).
Dark Cloud Cover
it is a bearish reversal candlestick pattern where a down candle (typically bearish) opens...
The idea is help traders to see the patterns and levels from a different point o view.
This script create candlestick using the opening, high, low and close price as source on your favorite function.
It's very simple to use:
Select a function in the drop box list, the number of bars length, check or uncheck the boxes to treat source as logarithm, smooth, and...
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...
Lite version of the original Trendy Bar Trend Color
This will only color the candlestick body of your chart
Can be used with solid, hollow, renko, or any other chart type
Custom coloring for Highs, Lows, and consolidation is removed
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 -...
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!
The script displays a label when a candle stick pattern is detected based on Trends. This is related to the latest Candlestick patterns released in TradingView. I've created this to have all candlestick patterns in one indicator.
Candlestick Patterns can be one of confirmation of a trend you're following or a reversal.
DISCLAIMER: For educational purposes only....
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.
Experimental Script !
What it does :
Signals a bull / bear higher timeframe candle state but *ONLY* if it flips state.
There is also an adjustable bar lookback offset, equivalent to Close
Public script as it's barely an embryo of an idea..
*note* due to the new pinescript 'resolution' timeframe functionality it will only colour the bars of the...
I read somewhere that candles can easily confuse the eye, making it easy to lose focus. We get distracted by the size of the candle body and the candle's color without paying attention to its true range and how it compares to that of the previous candle.
With Up or Down? you get two signals. The blue arrow below lets you know that the candle's current low and...
Crypto Investidor EMA e MA consiste em um conjunto de 4 EMAs de 21 / 50 / 100 / 200 períodos e também 4 MAs de 21 / 50 / 100 / 200, criado para facilitar o entendimento dos nossos seguidores, a ponto de poder verificar no gráfico tanto as Medias Móveis Exponenciais, quanto as Medias Móveis Simples. Um excelente indicador para quem utiliza o tradingview free.