Breakout Probability is a valuable indicator that calculates the probability of a new high or low and displays it as a level with its percentage. The probability of a new high and low is backtested, and the results are shown in a table— a simple way to understand the next candle's likelihood of a new high or low. In addition, the indicator displays...
This indicator is a spin-off of the popular TMA Overlay indicator made by request of the original author that narrows down the scope to simply identifying a couple of key candlestick patterns - Engulfing candles and 3 Line Strikes.
In addition to being a far more tailored and purpose-specific indicator, we have also update the indicator code to the latest version...
Highlights orderblocks based on fractal market structure.
Whenever a new fractal high/low is created, it will search for the Orderblock and plot lines and labels
1. Select 3/5 bar fractal
2. Plot lines and labels on OB's
- Ability to filter OB only when a candle is fully engulfed
3. Change bar color of engulfed candles
4. Option to filter OB that...
This indicator highlights imbalanced PVSRA candles that have not been recovered.
200% Volume = Green
150% Volume = Blue
200% Volume = Red
150% Volume = Fuchsia
Imbalanced Zones with normal/below 150% Average 10ema volume can be displayed or hidden from view (Hidden by default)
Smart Money Concept is being used to understand the Market Structure, Demand/Supply, and Risk Management.
- Lines represent BoS and CHoCH.
- X-cross and Diamond shapes represent Peak and Trough.
- Numbers represent the Spread Percentages.
The candle strength indicator depicts the average strength of the price action by evaluating bullish vs bearish candles.
The scale is relative to price fluctuation and the size of the candles for the particular ticker / market, so there are no significant levels.
A cross on the zero line would generally indicate a change in trend / sentiment.
I was looking for an indicator to show me what a lower time frame is doing at the start, middle, and end of the candle, but I couldn't find one, hench,
I made my own using Tradingview latest capabilities to fetch a lower time frame from a higher time frame chart.
For example, if your chart is 1 hour and this indicator is set to a lower time frame of 15 minutes,...
Credits to @RicardoSantos and his work that's used:
This guy utilizes the price cases.The price cases is a finite set of the bars combo.
In this particular script 2 cases are being used as events : Outside bars and Hinges
The period for shift that's used is 9, which is an average length(fastest observable!) of a pattern (that is ABC or 1-2-3).
This script uses basic Rally Base Rally, Rally Base Drop, Drop Base Drop, and Drop Base Rally concepts to draw supply and demand zones. While the script is designed to account for multiple (up to 5) candles in the "base" phase, the box it will draw will only be the high and low of the last candle before the final Rally/Drop candle.
Bearish and Bullish engulfings as taught by Tom Dante Piccin. Different from other bullish/bearish engulfing indicators because other indicators only want the body of the current candle to engulf the previous body.
This indicator needs the low and high of the current candle to engulf the previous one and also in the example of a bullish engulfing close above the...
I am an aircraft maintenance technician who is trying to get into software development in the financial sector.
This is a project in which a dashboard of other security(stocks) with open, close, high, and low will appear.
I could compile this after a detailed study of different dashboards and pine script for several hours
hope you like this.
I have always fighted to understand the market direction because it looks different on different timeframes.
I wanted an indicator where I can see all the different timeframes at once.
This indicator shows the Heiken Ashi candle colors for different time frames at once.
Use it on the 5 Minute timeframe.
dark green: bullis green HA candle with no low...
Instead of viewing MACD from a separate chart (histogram), this indicator will plot a candle based on the MACD value. It is easy to summarize trends and make your technical analysis charting less complex.
Colours candles according to One-Time-Framing conditions.
One-Time-Framing is a sequence of candles (of any period) where you don't get a break of the previous candles low. Traditionally the trade is to continue to buy/sell as long as market continues OTF, with a stop below the last candle.
This scripts are based on breakout and fibonacci retracement
To trade using this Signal, you need to
1. Wait for buy/sell signal
2. When a signal ready follow these steps.
Eg. STEPS TO BUY
1. When a signal appear on candle, pull fibonacci retracement from swing high of SIGNAL CANDLE, to swing low of pervious 2 candle.
2. Then place a pending order at level,...
This indicator is designed to be used with Market Profile / Volume Profile trading techniques on a 30min chart.
The halfback of a candle is the mid point between the high and the low of the candle. A halfback trade can be taken once price retraces into this point as support/resistance using the prevailing trend as your trade direction.
One-Time-Framing is a...
Outside bars occur when the range of a candlestick falls entirely outside of the previous candlestick's range. This indicates indecision and volatility expansion which often leads to changes in trend direction.
This indicator includes options such as:
- The number of consecutive outside bars required to trigger the indicator
- An arrow indicating whether the...