Description: The Volume Shaded Candles indicator (VSC) is a technical analysis tool designed to represent price candles on a chart with transparency based on the volume traded during each candle. This overlay indicator enhances visual analysis by providing a visual representation of volume intensity. How it Works: The VSC indicator calculates the...
Description: his is an adaption of my Pullback candle - This works on all timeframes and Markets (Forex//Stocks//) Crypto Uptrend Script with Pullback Candle allows traders to get into a trend when the price is at end of a pullback and entering a balance phase in the market (works on all markets). The use of Moving averages to help identify a Trends and the use...
Giga Kaleidoscope GKD-C Step Chart of RSX of Averages is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System". █ GKD-C Step Chart of RSX of Averages What is the RSX? The Jurik RSX is a technical indicator developed by Mark Jurik to measure the momentum and strength of price movements in financial markets, such as stocks,...
This indicator is useful at important level, when you want to see some bullish or bearish signs in candlestick. At your important support level you can buy, if candlestick close is above 50% of its range, with low of this candlestick as SL. At your important resistance level you can sell, if candlestick close is below 50% of its range, with high of this candlestick as SL.
This indicator simply changes the background and color of candle based on the previous candle's close. If a candle closes high than the previous candle's high it will be indicated via green coloring. If a candle closes lower than the previous candle's low it will be indicated in red coloring. Additionally, grey colored candles appear when neither occur - often...
Its been a while since i last uploaded a script, what i have for you today is a script which works very efficiently for downtrends and spotting reversals. This is a script i use on a weekly basis when looking to short sell. This script includes : Updated** Rally Candles for HTF and LTF ( End of Impulsive move signal) - The psychology of the candle when used with...
This is a higher timeframe scanner that detects the price action trend on multiple timeframes and displays them all as red or green dots. You’ll be able to see the real time and historical price action trends so you can trade in the same direction of the overall trend on higher timeframes. You can also set it to scan a different ticker if you choose. If you find...
This indicator specifically designed for Momentum trading by an Intraday trader on index( Nifty , BankNifty ) and Equity stocks. This indicator works with DMI and PRICE ACTIONS which gives automated Buy and Sell signals along with Stop loss and Trailing Stop loss when certain criteria are met. It is not a Holy Grail system that gives you continuous profits and it...
All candlestick pattern based on "Japanese candlestick charting techniques". Currently Supported List of Candlestick Patterns : Hammer Hanging Man Inverted Hammer Shooting Star Morning Star Evening Star Bullish Engulfing Bearish Engulfing Important Points: 1. You can create alert for all patterns. 2. You can modify multiplier(Length Of...
█ This Indicator shows a wick-off check pattern. This pattern appears when a candle goes below a level (support or resistance) and closes above it OR when it goes above a level and finishes below it. This causes a wick to go through the level: a wick-off check . This can confirm a pullback or a breakout. █ Usages: This indicator can be used to validate a...
This indicator was made to help my friend. This indicator basically calculates the MOVE in percentage and shows the OHLC of candle in a label. -> Panel Index: How much index you want the label to be. -> Show Candle OHLC: Shows Open High Low and Close of the candle in the panel/label -> % Calculation Mode: 1: Calculated by Candle Wick Low to Candle Wick...
The strategy is based on candle patterns, with confluence indicators. Note some of the candles are rare, they can be found only a specific timeframe, or within specific stocks. The added patterns are as follows: - Bullish Engulfing It is formed by two candles, the second candlestick engulfing the first candlestick. The first candle is a bearish candle that...
For use with Hollow Candles Fills Candles based on either the value of the RSI or coppock scaled to fit properly between the open and close. Makes for a compact visual with lot's of information given. Toggle bells and whistles in settings such as arrows to indicate the direction of the value being measured, dividing levels, fill from candle open all the time...
It is hard to know which party plays a vital role in the candle. Sometimes we see a red candle/ Seller's candle very weak, but still, the market continues. Here, I tried to figure out how much strength buyers/sellers possess in their respective candles. The idea is simply to measure the area between high and low and then calculate the opposite party's oppression...
The Whisker Reversal Oscillator can be used to spot strength or weakness in trends. It is designed for stocks, commodities and forex trading, and is intended to be calculated from the high, close, low, and open over a given length. Features: The Whisker Reversal Oscillator shows the average length of the top and bottom whiskers on candlesticks over a defined...
hello traders.. I think it would be awesome if traders using a candlestick price action have a candlestick pattern screener. so you just have to screen the securities, crypto, forex, commodities, spot the candlestick pattern easily and then you can set up trades.. This is a multi time frame candlestick screener, consist of: 1. Bullish & Bearish Kicker 2....
Hi Traders, I've developed an indicator which can detect fake-breaks on the chart. In the following you'll find the definition of the fake break candles and also you will find how to recognize it on the chart with practical examples. What is the fake break pattern? Sometimes support and resistance lines broke with a full body and strong candles that gives us...
Hello People of the Trading World... Todays script is a basic concept of using Moving Averages and Candle Closes - this works best on Higher Timeframes and only in Bullish Conditions "When the market is trending to the upside - we tend to see price overextend from the moving average and price revert back to the mean (Mean Reversion)" You may ask why would...