This indicator gives you Sell signal on the 5 and 15-minute timeframe under these conditions: CONDITION FOR SIGNAL TO APPEAR 1 - RSI below 50 in the 5-minute timeframe. 2 - RSI below 50 in the 15-minute timeframe. 3 - MACD line below 0 in the 5-minute timeframe. 4 - Price is below SMA 21 on the 5-minute timeframe. Only show the first sell signal when the...
Targets 11 AM candle with 1 minute timelines Targets 11 AM candle with 3 minute timelines Targets 11 AM candle with 5 minute timelines Targets 11 AM candle with 15 minute timelines
Key Features of This Script Parameters Short EMA Length: Set to 10 by default. Long EMA Length: Set to 50 by default. RSI Length: Set to 14 by default. Overbought/Oversold Levels: Default levels are set to 70 (overbought) and 30 (oversold). Indicator Calculations EMA Short: Calculates the short-term EMA. EMA Long: Calculates the long-term EMA. RSI: Calculates the...
Guide: Bollinger Bands: The script uses a simple moving average (SMA) as the basis and calculates the upper and lower bands using a standard deviation multiplier. Buy Signal: Generated when the price closes below the lower Bollinger Band and is also below the basis adjusted by the ATR, indicating a potential reversal. Sell Signal: Triggered when the price closes...
The Simplified Gap Strategy leverages price gaps as a trading signal, focusing on their significance in market behavior. Gaps occur when the opening price of a security differs significantly from the previous closing price, often signaling potential continuation or reversal patterns. Key Features: Gap Threshold: This strategy requires a minimum percentage gap...
It is meant to find out chart pattern , candle stick pattern , breakout & reversal . All the best enjoy
Library "thuvien" new(acaidat, thaydoi, caidatmode, caidatkieu) Parameters: acaidat (int) thaydoi (int) caidatmode (bool) caidatkieu (int) method ve(this, condition, y1, y2, src) Namespace types: xh Parameters: this (xh) condition (bool) y1 (float) y2 (float) src (float) method vemoi(this,...
1. Introduction to Volume Ratio: In China's stock market, the volume ratio is an indicator used to measure relative trading volume. It compares the average volume per minute after the market opens to the average volume per minute over the past five trading days. 2. Application of Volume Ratio: When there is a sudden surge in volume, the volume ratio chart will...
Library "volumeUtilities" generate_and_plot_volumeProfile(length, valueArea_perc, plot_vp, show_vp_labels, include_vp_levels) : Generate and plot volume profile Parameters: length (int) : (int): Length of the volume profile indicator valueArea_perc (float) : (float): Percentage of the volume that will be in the value area ...
Library "regressionUtilities" get_linear_regression(bar_index_array, prices_array, stdDev_mult) : Generates the linear regression channel for an array of values. Parameters: bar_index_array (array) : (array): Array with bar indexes prices_array (array) : (array): Array with prices stdDev_mult (float) : (float): ...
Library "dataTableUtilities" generate_dataTable(dataTable_map, title, tableYpos, tableXpos) : Generates and shows a data table. Parameters: dataTable_map (map) title (string) : (string): Title of the table tableYpos (string) : (string): Vertical position of the table tableXpos (string) : (string):...
### Purpose and Use of the Output - **Identifying Bullish Reversal**: The Morning Star pattern is a bullish reversal signal that traders look for at the end of a downtrend. When this pattern appears, it suggests that the market may be shifting from bearish to bullish sentiment. - **Trading Decisions**: Traders can use this indicator to make informed decisions...
A simple script help you identify significant upticks in volume for a particular candle. Using the standard z-score calculation you can change the bar color based on the user selected standard deviation range. Calculation z = (x - μ) / σ, where: z: is the z-score x: is the current volume μ: is the mean volume σ: is the standard deviation...
Library "JordanSwindenLibrary" TODO: add library description here getDecimals() Calculates how many decimals are on the quote price of the current market Returns: The current decimal places on the market quote price getPipSize(multiplier) Calculates the pip size of the current market Parameters: multiplier (int) : The mintick point multiplier...
Library "CandlestickepatternsClase3" TODO: add library description here bullish_engulfing() bearish_engulfing()
Library "LinTrendLib" TODO: add library description here ema_trend(twz, ema_length, cross_ratio, multiplier) Given Bullish / Bearish / side-way market jugement Parameters: twz (int) ema_length (simple int) cross_ratio (float) multiplier (float) Returns: 1 --> bullish trend, -1 --> bearish trend, 0 --> sideway market
Key features of this script: Trend Identification: Uses previous day's high/low breaks to identify trend changes. Uptrend starts when price closes above the previous day's high. Downtrend starts when price closes below the previous day's low. Dynamic Trailing Stop: In an uptrend, the stop is set to the previous day's low and trails higher. In a downtrend, the...