M-pattern
trend lines (lirshah)triangle pattern created for our subscribers for better indication of chart patterns.
i hope enjoy that.
Valero Support/Resistance LinesThis is a pretty simple indicator that automatically draws Support and Resistance lines.
Doji strategyThis is a simple strategy based on Doji star candlestick.
It places two orders: buy stop at doji star high or previous candle high and sell stop at doji star low or previous candle low.
Exit rules are with take profit and fixed stop loss or take profit and stop loss at doji min or max.
This strategy works very well with high time frames like Daily and Weekly because those are without noise in doji formation.
Each currency pair has its own optimal setting for TP and SL: it's up to user find the best ones.
I could implement SL based on ATR, maybe in next revision.
Please use comment section for any feedback.
Next improvement (only to whom is interested to this script and follows me): study with alerts on multiple tickers all at one. Leave a comment if you want to have access to study.
A/D Levelsuses reversal candles to determine accumulation and distribution candles
remembers the last reversal candle and draws a support or resistance line at the reversal level
does a barcolor if the price breaks support/resistance
similar to the hoffman a/d breakout indicator but there is no trend detection components
Time Pattern IndicatorHigh Priority = Gold Diamonds
Medium Priority = Silver Circles
Leading Priority = Fuchsia Crosses
Bullish/Bearish Candelstick patternHey!
This time I took the pattern recognizer from a previous script I worked.
It overlays the Arrows on the chart.
Legend:
#Maroon colour: Strong bearish signal
#Red colour: Bearish signal
#Dark Green colour: Strong bullish signal
#Lime: Bullish signal
NOTE: Also, you can untick the patterns you don't find useful, but I kept every pattern to get a complete script.
I unticked:
Morning Star
Evening Star
Shooting Star
Bullish Harami (too bearish on corrective phase)
Hanging Man
Red Cloud Cover
Fractal Breakout V2Version 2 of my fractal pattern aid ( Version 1 ).
I added a bouncing line between the high and low trend lines, connecting consecutive extreme points. I also chased down a pesky bug in the slope calculation...and for now I have disabled the ability to change resolution basis for extreme detection (e.g. 30m on a 1hr chart).
For fun, I added some shading to make it more apparent at a glance what is happening, but if you find it gimmicky, there's an option to turn that off.
I am inexperienced with pattern recognition, so please send feedback if you have any ideas that would make this more useful.
Thanks!
Lemrin
PorcupineDisplays "spike days" by colouring the bars (Default: yellow for a Spike High and blue for a Spike Low)
Spike Day's definition taken from Jack D Schwager's Book: A Complete Guide to the Futures Market: Technical Analysis, Trading Systems, Fundamental Analysis, Options, Spreads, and Trading Principles
A spike is:
A wide difference between the spike high and the highs of the preceding and succeeding days.
A close near the low of the day's range.
A substantial price advance preceding the spike's formation.
The more extreme each of these conditions, the greater the likelihood that a spike high will prove to be an important relative high or even a major top.
(inverse is true for lows, basically)
Enjoy!
Red Dog Reversal PatternThis indicator is a interpretation of the Red Dog Reversal Pattern which was discovered by T3Live founder Scott Redler. (AFAIK)
The indicator is maybe useful for Day Trade or Swing Trade.
BUY Criteria:
1. Stock is down for multiple days
2. Stock goes below prior day's low
3. Stock trades back up through prior day's low, which triggers the buy
4. The stop is set at the current intraday low
SELL Criteria:
1. Stock is up for multiple days
2. Stock goes above the prior day's high
3. Stock trades back down through prior day's high, which triggers the sell
4. The stop is set at the current intraday high
Please always remember, there is no holy grail indicator!
420_Jpn_PatternsMy first iteration of a script that ID's japanese candlestick patterns including:
bullish_engulfing www.investopedia.com
bearish_engulfing www.investopedia.com
bullish_harami www.investopedia.com
bearish_harami www.investopedia.com
piercing_line (bullish) www.investopedia.com
dark_cloud_cover (bearish) www.investopedia.com
morning_star (bullish) www.investopedia.com
evening_star (bearish) www.investopedia.com
bullish_belt www.investopedia.com
bearish_belt www.investopedia.com
aka_sanpei (bullish) www.investopedia.com
sanba_garasu (bearish) www.investopedia.com
three_stars_south (bullish) www.investopedia.com
stick_sandwich www.investopedia.com
bullish_meeting_line www.thepatternsite.com
bearish_meeting_line www.thepatternsite.com
bullish_kicking www.thepatternsite.com
bearish_kicking thepatternsite.com
ladder_bottom (bullish) www.thepatternsite.com
inverted_hammer www.thepatternsite.com
shooting_star www.thepatternsite.com www.thepatternsite.com
hanging_man (bearish) www.thepatternsite.com
hammer (bullish) www.thepatternsite.com
xoxo
sn00p
Day Trade Pattern DetectorThis script will draw on your chart signs after detecting the following patterns:
1/2/3
Hammer
Shooting Star
Bullish Engulfing
Bearish Engulfing
And before that he will filter them by common technical rules
Double Bottom Chart Pattern with alertDouble bottom is a very common chart pattern, as its name indicates, it consists of two bottoms, and these two bottoms need to be in a relative flat price level. One of the bottom can't be much higher or lower than the other.
This indicator will detect and highlight double bottom pattern automatically on chart and alert you via SMS, email and sound.
Features:
Adjust the threshold between two bottoms.
Adjust the number of bars used to form each bottom.
Check if the first bottom is the highest in a given number of bars
Adjust the number of bars between two bottoms.
Switch of alert.
It works on all timeframes and any symbol.
You can also load more than one with different inputs to get more results on chart.
Double Top Chart Pattern detector with alert
Double top is a very common chart pattern, as its name indicates, it consists of two tops, and these two tops need to be in a relative flat price level. One of the top can't be much higher or lower than the other.
This indicator will detect and highlight double top pattern automatically on chart and alert you via SMS, email and sound.
Features:
Adjust the threshold between two tops.
Adjust the number of bars used to form each top.
Check if the first top is the highest in a given number of bars
Adjust the number of bars between two tops.
Switch of alert.
A detailed instruction will show you how to properly adjust each input.
It works on all timeframes and any symbol.
You can also load more than one with different inputs to get more results on chart.
Price-Actionclassic patterns.
daily charts.
CPR-
Green+level=buy
red+level=sell
pinbar
green pinbar+level=buy
red pinbar+level=sell
green ppr+level=buy
ppr-
red ppr+level=sell
IB- and OB-
green IB/OB+level=buy
red IB/OB+level=sell
third bar
green third bar+green cpr+level=buy
red third bar+redcpr+level=sell
3 candles green = buy, tp30 pips(gbpusd,gbpjpy)
3 candles red = sell, tp30 pips. (gbpusd,gbpjpy)
3-Bar-Reversal-Pattern Strategy This startegy based on 3-day pattern reversal described in "Are Three-Bar
Patterns Reliable For Stocks" article by Thomas Bulkowski, presented in
January,2000 issue of Stocks&Commodities magazine.
That pattern conforms to the following rules:
- It uses daily prices, not intraday or weekly prices;
- The middle day of the three-day pattern has the lowest low of the three days, with no ties allowed;
- The last day must have a close above the prior day's high, with no ties allowed;
- Each day must have a nonzero trading range.