MTF CandlestickOne of the most important thing to understand in order to estimate the trend direction and its continuation is how the lower time frame candlesticks have been formed.
There are many processes by which candlesticks have been formed even if same size.
So in this script, daily candlestick is overlapped on the currently chart as default, and that can be changed.
Only real body is shown so as not to interfere with the currently chart.
스크립트에서 "candle"에 대해 찾기
Two Candle Comparison - TMPThis about comparison two candles in chart and gives some idea for entry. this is most suitable for 4H chart
Custom Candle Colors by Day (Full Week)Highlight specific daily candles a different color (Monday - Sunday)
50-Candle Look-Back MarkerIt simply redraws one vertical dotted line that always sits exactly 50 bars behind the current bar, so you can check at a glance that any trend-line you draw has at least 50 candles of data to the right of it.
100-Candle Look-Back MarkerIt simply redraws one vertical dotted line that always sits exactly 100 bars behind the current bar, so you can check at a glance that any trend-line you draw has at least 100 candles of data to the right of it.
3 Bullish Candles + No Wick + SL unter BoS (Swing Low)1m strategie basierend auf price action and volume candle sticks
Real Open/Close Ticks for Heiken Ashi CandlesJapanese candle open and close prices. Good if you're using a HeikenAshi chart and you want to see real opens and closes.
0900 and 1500 Candle Marker with Rectangles and FibonacciWelcome to the Indicator
// This tool is designed to help you analyze stock - crypto - or futures charts on TradingView by marking specific times - 9:00 AM and 3:00 PM (Eastern Time) - with colored rectangles and optional Fibonacci levels.
// It is perfect for spotting key moments in your trading day - like market opens or afternoon shifts - and understanding price ranges with simple lines and numbers.
// Whether you are new to trading or just want an easy way to visualize these times - this indicator is here to assist you.
//
// What It Does
// - Draws a green rectangle at 9:00 AM and a red rectangle at 3:00 PM on your chart - based on Eastern Time (America/New_York timezone).
// - Adds dashed lines inside these rectangles (called Fibonacci levels) to show important price points - like 0.236 or 0.618 of the rectangle’s height.
// - Places numbers on these lines (e.g. "0.5") so you can see exactly what each level represents.
// - Works on different chart types (stocks - crypto - futures) and adjusts for futures trading hours if needed.
// - Is designed to work best on timeframes of 1 hour or shorter (like 1-hour - 30-minute - 15-minute - 5-minute - or 1-minute charts) - where you can see the 9:00 AM and 3:00 PM candles clearly.
// - Lets you customize what you see through a settings menu - like hiding some lines or changing colors.
YOU MAY NOT MONETIZE
ANY PORTION OF THIS CODE.
WE ARE ALL IN THIS THING TOGETHER TO WIN.
BE A BLESSING ONTO THE WORLD AND GIVE.:)
Plot Closed CandlesOnly shows closed candles
( You must turn off normal candles first by right clicking on the candles , going to setting , and turning borders , bodies , and wicks off
xRaymon's Body Candle Indicator
Shows a triangle above candles that satisfy a desired body size (%).
The default body size is 85%.
Lowering or increasing the precentage significantly affects to precision.
I do not recommend lowering the default value.
10% CandlesThe 10% Candles indicator tags all candles which have a 10% or more gain/loss
gains are calculated based on the open and high for green candles
losses are calculated based on the open and low for red candles
you can change the percentage in settings, default value is 10%. this would be the minimum gain/loss percentage
0.1 => 10%
0.2 => 20%
hover over the triangle to see the actual gain/loss percentage
Amritsingh Pinbar Candle GhostTrade Criteria//@version=5
indicator("Custom Candle with Asymmetric Wicks", overlay=true)
// === User Inputs ===
// Body percent thresholds (as % of full candle)
bodyMin = input.float(72.0, "Minimum Body %", minval=0.0, maxval=100.0)
bodyMax = input.float(85.0, "Maximum Body %", minval=0.0, maxval=100.0)
// Wick ratio threshold (e.g., 2.0 means one wick must be at least 2x the other)
wickRatio = input.float(2.0, "Min Wick Asymmetry Ratio", minval=1.0, step=0.1)
// === Candle Calculations ===
bodySize = math.abs(close - open)
candleRange = high - low
// Avoid divide-by-zero
validCandle = candleRange > 0
// Body as % of full candle
bodyPercent = validCandle ? (bodySize / candleRange) * 100 : 0
// Wick sizes
upperWick = high - math.max(close, open)
lowerWick = math.min(close, open) - low
// Ensure both wicks are present (non-zero)
bothWicksPresent = (upperWick > 0) and (lowerWick > 0)
// Wick asymmetry condition (either wick must be ≥ wickRatio × the other)
wickAsymmetry = (upperWick >= lowerWick * wickRatio) or (lowerWick >= upperWick * wickRatio)
// Final condition: all must be true
signal = validCandle and bothWicksPresent and wickAsymmetry and (bodyPercent >= bodyMin and bodyPercent <= bodyMax)
// === Plotting ===
plotshape(signal, title="Candle Signal", location=location.belowbar, style=shape.labelup, color=color.orange, size=size.small, text="⚡")
barcolor(signal ? color.orange : na)
Momentum Candle DetectorThe momentum candle indicator highlights a candle with a body having a defined % of the range, and a close within a defined % of the high/low.
Canuck Trading Traders Strategy [Candle Entropy Edition]Canuck Trading Traders Strategy: A Unique Entropy-Based Day Trading System for Volatile Stocks
Overview
The Canuck Trading Traders Strategy is a custom, entropy-driven day trading system designed for high-volatility stocks like TSLA on short timeframes (e.g., 15m). At its core is CETP-Plus, a proprietary blended indicator that measures "order from chaos" in candle patterns using Shannon entropy, while embedding mathematical principles from EMA (recent weighting), RSI (momentum bias), ATR (volatility scaling), and ADX (trend strength) into a single score. This unique approach avoids layering multiple indicators, reducing complexity while improving timing for early trend detection and balanced long/short trades.
CETP-Plus calculates a score from weighted candle ratios (body, upper/lower wicks) binned into a 3D histogram for entropy (low entropy = strong pattern). The score is adjusted with momentum, volatility, and trend multipliers for robust signals. Entries occur when the score exceeds thresholds (positive for longs, negative for shorts), with exits on reversals or stops. The strategy is automatic—no manual bias needed—and optimized for margin accounts with equal long/short treatment.
Backtested on TSLA 15m (Jan 2015–Aug 2025), it targets +50,000% net profit (beating +1,478% buy-hold by 34x) with ~25,000 trades, 85-90% win rate, and <10% drawdown (with costs). Results vary by timeframe/period—test with your data and add slippage/commission for realism. Disclaimer: Past performance isn't indicative of future results; consult a financial advisor.
Key Features
CETP-Plus Indicator: Blends entropy with momentum/vol/trend for a single score, capturing bottoms/squeezes and trends without external tools.
Automatic Balance: Positive scores trigger longs in bull trends, negative scores trigger shorts in bear trends—no user input for direction.
Customizable Math: Tune weights and scales to adapt for different stocks (e.g., lower thresholds for NVDA's smoother trends).
Risk Controls: Stop-loss, trailing stops, and score strength filter to minimize drawdowns in volatile markets like TSLA.
Exit Debugging: Plots exit reasons ("Stop Loss", "Trail Stop", "CETP Exit") for analysis.
Input Settings and Purposes
All inputs are grouped in TradingView's Inputs tab for ease. Defaults are optimized for TSLA 15m day trading; adjust for other intervals or tickers (e.g., increase window for 1h, lower thresholds for NVDA).
CETP-Plus Settings
CETP Window (default: 5, min: 3, max: 20): Lookback bars for entropy/momentum. Short values (3-5) for fast sensitivity on short frames; longer (8-10) for stability on hourly+.
CETP Bins per Dimension (default: 3, min: 3, max: 10): Histogram granularity for entropy. Low (3) for speed/simple patterns; high (5+) for detail in complex markets.
Long Threshold (default: 0.15, min: 0.1, max: 0.8, step: 0.05): CETP score for long entries. Lower (0.1) for more longs in mild bull trends; higher (0.2) to filter noise.
Short Threshold (default: -0.05, min: -0.8, max: -0.1, step: 0.05): CETP score for short entries. Less negative (-0.05) for more shorts in mild bear trends; more negative (-0.2) for strong signals.
CETP Momentum Weight (default: 0.8, min: 0.1, max: 1.0, step: 0.1): Emphasizes momentum in score. High (0.9) for aggressive in fast moves; low (0.5) for entropy focus.
Momentum Scale (default: 1.6, min: 0.1, max: 2.0, step: 0.1): Amplifies momentum. High (2.0) for short intervals; low (1.0) for stability.
Body Ratio Weight (default: 1.2, min: 0.0, max: 2.0, step: 0.1): Weights candle body in entropy (trend focus). High (1.5) for strong trends; low (0.8) for wick emphasis.
Upper Wick Ratio Weight (default: 0.8, min: 0.0, max: 2.0, step: 0.1): Weights upper wick (reversal noise). Low (0.5) to reduce false ups.
Lower Wick Ratio Weight (default: 0.8, min: 0.0, max: 2.0, step=0.1): Weights lower wick. Low (0.5) to reduce false downs.
Trade Settings
Confirmation Bars (default: 0, min: 0, max: 5): Bars for sustained CETP signals. 0 for immediate entries (more trades); 1-2 for reliability (fewer but stronger).
Min CETP Score Strength (default: 0.04, min: 0.0, max: 0.5, step: 0.05): Min absolute score for entry. Low (0.04) for more trades; high (0.15) for quality.
Risk Management
Stop Loss (%) (default: 0.5, min: 0.1, max: 5.0, step: 0.1): % from entry for stop. Tight (0.4) for quick exits; wide (0.8) for trends.
ATR Multiplier (default: 1.5, min: 0.5, max: 3.0, step: 0.1): Scales ATR for stops/trails. Low (1.0) for tight; high (2.0) for room.
Trailing ATR Mult (default: 3.5, min: 0.5, max: 5.0, step: 0.1): ATR mult for trails. High (4.0) for longer holds; low (2.0) for profits.
Trail Start Offset (%) (default: 1.0, min: 0.5, max: 2.0, step: 0.1): % profit before trailing. Low (0.8) for early lock-in; high (1.5) for bigger moves.
These settings enable customization for intervals/tickers while CETP-Plus handles automatic balancing.
Risk Disclosure
Trading involves significant risk and may result in losses exceeding your initial capital. The Canuck Trading Trader Strategy is provided for educational and informational purposes only. Users are responsible for their own trading decisions and should conduct thorough testing before using in live markets. The strategy’s high trade frequency requires reliable execution infrastructure to minimize slippage and latency.
First 5-Minute Candle Wicks (17:30 UTC+4) - All Days By HaykFirst 5-Minute Candle Wicks high and low
this enables the user to see the first candle highs nd lows so it can take actions with fvg and find directions
First Candle Low Break SignalTheory: If the SPY (or anything really) starts the day with a green candle, it never breaks below that candle on that day.
This indicator was quickly made to check that theory with some interesting results.
Requirement: The Symbol must be set to "extended trading hours", otherwise the script cannot see the changes between days.
Daily First Candle LabelDaily First Candle Label
The Daily First Candle Label indicator is designed to visually highlight the first candle of each trading day directly on your chart. This tool is ideal for traders who need to quickly identify the start of a new trading session. Key features include:
Candle Marker: A triangle icon labeled with a "☀️" is plotted at the top of the chart to mark the first candle of the day.
Background Highlight: The background of the first candle is subtly shaded in yellow for better visibility.
Clean and Minimalist Design: Keeps your chart clutter-free while providing essential daily context.
This indicator is perfect for scalpers, day traders, and those analyzing session-based trading strategies.
Usage:
Add the indicator to your chart.
The marker and background highlight will automatically update to reflect the first candle of each trading day.
Customizable Options:
None, as this indicator is optimized for simplicity and immediate utility.
Happy Trading! 🚀
每日第一支蜡烛标签
指标旨在直观地标记每个交易日的第一根蜡烛。这对需要快速识别新交易日开盘的交易者非常实用。功能特点如下：
蜡烛标记： 在图表顶部标记每日的第一根蜡烛，使用三角形图标及“☀️”符号。
背景高亮： 自动为第一根蜡烛添加淡黄色背景，增强视觉效果。
简洁设计： 确保图表清晰，提供每日交易日开盘的重要参考点。
此指标适用于日内交易者、剥头皮交易者以及任何分析交易时段策略的用户。
使用说明：
将指标添加到图表。
每日第一根蜡烛会自动显示标记及背景高亮。
可自定义选项：
暂无，指标已优化为简洁实用的设计。
祝交易顺利！🚀
Open - Candlestick-ChartIt forces the Open indicator to use the candlestick open values. For example, if you need to use a Heikin-Ashi chart with the Open indicator based on regular candlestick data, this indicator will ensure it does not change.
Midpoint Candle and BodyThis script provides the options to mark the:
1. Midpoint of the candle body and/or
2. Midpoint of the full candle (including the wicks)
Works on all timeframes. This indicator can be used to help determine the mean (midpoint) reversion of price.
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Long and Short Positions on EMA and Pivot Cross with Candle Size
This Pine Script indicator identifies long and short trading signals based on specific criteria involving candle body size, EMA, and pivot levels.
Long Position ("Buy" Signal): A "Buy" signal is triggered when a green candle (close > open) with a body size of at least 10 crosses above the 9 EMA and any of the daily pivot levels (R1, R2, R3, R4, R5, S1, S2, S3, S4, S5).
Short Position ("Sell" Signal): A "Sell" signal is triggered when a red candle (close < open) with a body size of at least 10 crosses below the 9 EMA and any of the pivot levels.
The script plots only the "Buy" and "Sell" signals on the chart, without displaying the EMA or pivot levels.
SILVER Midnight Candle Color Strategy 1-Hour Delay and SL/TP Overview:
The "Midnight Candle Color Strategy with 1-Hour Delay and SL/TP" is a unique trading strategy designed for the Forex market. This strategy capitalizes on the color of the midnight candle based on New York time, making trade decisions one hour later, at 1:00 AM.
Key Features:
Time Zone Adjustment: Automatically adjusts to New York time (UTC-5 or UTC-4 during Daylight Saving Time).
Midnight Candle Analysis: Utilizes the color of the midnight candle to gauge market sentiment.
Trade Execution at 1 AM: Trades are executed one hour after midnight based on the previous day's candle color.
Strategic SL/TP: Incorporates predefined stop loss (SL) and take profit (TP) levels for each trade.
How It Works:
The script first determines whether the current bar represents 12:00 AM or 1:00 AM in New York time.
At midnight, it records the color of the candle (green for bullish, red for bearish).
At 1:00 AM, the strategy:
Enters a long position if the midnight candle was green, with specific TP and SL settings.
Enters a short position if the midnight candle was red, again with defined TP and SL.
Visualization:
Optional markers are plotted on the chart for easy visualization of the strategy's entry points at midnight and 1 AM.
Usage Tips:
Ideal for traders focusing on overnight price movements and early morning trends.
Best suited for SILVER trading due to the 24-hour trading cycle.
We recommend backtesting the strategy with historical data to evaluate performance.
Disclaimer:
This strategy is provided for educational purposes and should not be considered as financial advice. Users should conduct their own research and exercise caution while trading. Past performance is not indicative of future results.
I´m not a signal service, however I´m sharing my signals. For free. If you wish to buy something, contact some other signalist, preferably with 5-10-15-20K followers, selling signals on the premium channel, but in reality not trading them themselves. If you will realise after few blown account that something is wrong, ask yourself why is that. Trading is not pushing the buy-sell button and drinking tequila on the beach. If you want to learn, you know what to do.
