Commencez

Candlestickanalisys

MIDAS Fibonacci Cloud [JOAT]MIDAS Fibonacci Cloud Introduction MIDAS Fibonacci Cloud is an open-source VWAP-based analytical tool that combines a MIDAS-anchored volume-weighted average price with six Fibonacci-scaled standard deviation bands, a Z-score probability engine, and a synthetic order flow score to produce an integrated picture of institutional value, statistical deviation, and directional pressure on a single overlay. The problem this solves is band relevance. Standard VWAP deviations use fixed multipliers (1×, 2×, 3× standard deviation) that carry no structural meaning in market terms. Replacing those multipliers with Fibonacci ratios (0.236, 0.382, 0.5, 0.618, 1.0, 1.618) means the band levels correspond to proportional retracement relationships that institutional participants commonly reference. The 1.618 band in particular acts as an extreme extension zone where reversion probability, quantified by the built-in Z-score engine, typically exceeds 99.7%. Core Concepts 1. MIDAS VWAP with Configurable Anchoring The VWAP calculation uses the MIDAS method — cumulative volume-weighted price that resets at a user-selected anchor point rather than running as a continuous session VWAP. The anchor can be set automatically (based on the current timeframe), manually to a specific higher timeframe, or to a precise date. This allows the VWAP to be anchored to any significant market event. The variance term used for standard deviation is computed directly from the volume-weighted sum of squared prices, producing a statistically correct VWAP standard deviation: float midasVwap = sumVolPrice / sumVol float variance = (sumVolSq / sumVol) - math.pow(midasVwap, 2) float stdDev = math.sqrt(math.max(0, variance)) 2. Fibonacci Deviation Bands Six band pairs are computed above and below the VWAP anchor using the standard deviation scaled by a global sensitivity multiplier and each Fibonacci ratio. Upper bands are colored in the bull theme color with decreasing opacity from band 1 to band 6; lower bands in the bear theme color with the same gradient. A gradient fill connects the outer zone (fib4–fib6) to visually highlight the extreme deviation region. 3. Z-Score and Bell Curve Probability Each bar's Z-score is computed as the signed distance from the VWAP in units of standard deviation. The dashboard converts this to a mean-reversion probability using standard normal distribution thresholds: within 1σ = 68.2%, within 2σ = 95.4%, within 3σ = 99.7%, beyond 3σ = 99.9%. 4. Synthetic Order Flow Score A bar-level order flow score is computed from three components: candle body-to-range ratio (directional conviction), volume relative to the 20-bar average (institutional participation), and wick rejection percentage (price acceptance or rejection). These are weighted 40/35/25 and scored 0 to 100. VWAP crossover signals are gated by this score — crossovers with low order flow scores are filtered as noise. 5. Gradient Fill Zones The two outer Fibonacci bands (fib4 and fib6) are connected with a gradient fill that creates a visual glow effect identifying the extreme deviation zones — the regions where price is statistically most likely to be overextended. Features MIDAS VWAP with three anchor modes: Auto (timeframe-adaptive), Timeframe (manual higher TF), Date (specific date anchor) Six Fibonacci deviation band pairs: Levels at 0.236, 0.382, 0.500, 0.618, 1.000, 1.618 × standard deviation × global sensitivity Gradient fill on extreme zones: Color-to-transparent gradient between fib4 and fib6 identifies overextension zones Z-score and reversion probability: Computed every bar with bell curve probability output (68.2% / 95.4% / 99.7% / 99.9%) Synthetic order flow gate: Body ratio, volume participation, and wick rejection combined into a 0-100 score that gates VWAP cross signals Candle coloring by Z-score: Bar colors intensity-coded by distance from VWAP — neutral near center, saturated at extremes Band labels at right edge: Each band level labeled with its Fibonacci ratio and price value, updated each bar Anchor reset marker: Vertical marker in elite theme color at each VWAP reset point Four color themes: Phantom, Neon, Classic, Solar Non-repainting: VWAP and bands computed cumulatively from anchor; no future data referenced Institutional dashboard: 8-row table showing VWAP price, distance %, Z-score, reversion probability, order flow score, and market state Input Parameters Anchor Settings: Anchor Method: Auto / Timeframe / Date Manual Timeframe: Timeframe to anchor to when method is Timeframe Manual Date: Specific timestamp when method is Date Fibonacci Multipliers: Global Sensitivity: Scales all band widths proportionally (default: 1.2) Fib Level 1 through 6: Individual Fibonacci ratios (defaults: 0.236, 0.382, 0.500, 0.618, 1.000, 1.618) Visual Styles: Color Theme: Phantom / Neon / Classic / Solar Highlight Candles: Toggle candle coloring by Z-score Show Band Labels: Toggle right-edge price labels on each band Table Position and Size How to Use This Indicator Step 1: Choose Your Anchor For intraday scalping, use Auto or Daily anchor. For swing trading, use Weekly or Monthly. For event-driven analysis, use Date and anchor to a specific earnings release, FOMC announcement, or major swing point. Step 2: Read Band Levels as Statistical Reference The 0.5 band is one half standard deviation from VWAP — a mild deviation typical of normal trending behavior. The 1.618 band is the extreme extension zone. Price at the 1.618 band has a statistical reversion probability above 99.7%, but this does not mean reversion is imminent or guaranteed. Step 3: Check the Reversion Probability Read the Reversion Prob row in the dashboard. As Z-score rises above 2, reversion probability exceeds 95.4%. This quantifies how unusual the current deviation is relative to the full history from the anchor point. Step 4: Confirm with Order Flow Score The Order Flow score reflects whether the current bar has institutional characteristics. A high score (above 60) during a VWAP cross suggests genuine participation. A low score (below 30) during a cross suggests a potentially false signal. Indicator Limitations The VWAP standard deviation widens significantly with the anchor period. Bands anchored to a six-month period will be very wide; bands anchored to one day will be tight. The global sensitivity parameter must be adjusted accordingly The Z-score probabilities assume normally distributed returns, which markets do not produce. Fat tails mean extreme Z-scores occur more frequently than the percentages suggest The synthetic order flow score uses tick volume as a proxy for actual order flow. On assets with low tick frequency, this approximation is less reliable VWAP-based analysis is most relevant for liquid instruments This indicator does not generate entry or exit signals. It provides statistical deviation context Originality Statement Replacing standard deviation band multipliers with Fibonacci ratios (0.236 through 1.618), scaled by a volume-weighted standard deviation from a MIDAS anchor, is not replicated in existing open-source Pine Script v6 VWAP publications The combination of Z-score computation, bell curve probability quantification, and a synthetic order flow score as a gate for VWAP cross signals within a single indicator is an original integration The candle coloring gradient driven by Z-score intensity provides real-time deviation awareness directly on price bars without requiring a separate oscillator panel Disclaimer This indicator is provided for educational and informational purposes only. It is not financial advice. Trading involves substantial risk of loss. Statistical deviation probabilities are based on a normal distribution assumption that financial markets do not satisfy. Past VWAP behavior does not predict future price action. The author accepts no responsibility for trading losses resulting from use of this indicator. Made with passion by jackofalltrades
Indicateur Pine Script®
par officialjackofalltrades
OMSF Learning SpaceWelcome to the Omsf Learning Space. This is not a commercial "holy grail" indicator, nor is it a rigid, corporate course. This is my personal sandbox and educational archive where I dissect market structure, breakout mechanics, and reversal setups. THE CORE PHILOSOPHY: Everything in this space is built upon my Omsf (Objective Market Structure Framework). Whether you are a beginner trying to understand how charts breathe, or an advanced trader looking for mechanical rules – this space is designed to give you a clear, visual reality check. WHAT TO EXPECT: This script is dynamic and will change organically over time. As I publish new trading ideas, research notes, or structural concepts, this indicator will adapt. Old parts might get swapped out, new experiments will be added, or it might evolve into a v2.0 down the road. There is no fixed schedule. It updates when it updates. CURRENT VERSION (Launch): Right now, we are looking at the foundational mechanics: Classic, rigid Pivots alongside the dynamic volatility adjustment of the Omsf. - Toggle "Exercise 1" to stress-test both engines in the configuration sandbox. - Toggle "Outlook" to see how classic Pivots perform when taken literally as a trend filter. Enjoy the sandbox, play with the parameters, and use the Bar Replay. See you in the ideas section! — arni
Indicateur Pine Script®
par arnipoer
4
Aura Trend & Candlestick Oracle [Pineify]Aura Trend & Candlestick Oracle This indicator layers EMA-based trend detection with candlestick pattern recognition, then gates the pattern signals through the prevailing trend direction. The idea: candlestick reversals are far more reliable when they fire in alignment with the macro trend rather than against it. A hammer in a downtrend is noise; the same hammer in an uptrend is a potential continuation entry after a pullback. Key Features EMA cloud (fast/slow) with dynamic color fill that shifts between bullish, bearish, and neutral states Five candlestick patterns: Bullish Engulfing, Bearish Engulfing, Hammer, Shooting Star, Inverted Hammer / Hanging Man Signals filtered by trend — bullish patterns only fire in uptrends, bearish patterns only in downtrends Background shading highlights trend zones for quick chart-reading Dashboard panel showing live trend status and current EMA values Four alert conditions: BUY signal, SELL signal, EMA bullish crossover, EMA bearish crossunder How It Works Trend detection uses two exponential moving averages — a fast EMA (default 50) and a slow EMA (default 200). When the fast EMA is above the slow EMA, the script treats the market as an uptrend; when below, a downtrend. This classic crossover relationship provides the filtering layer for all pattern signals. Candlestick pattern detection evaluates each bar's body size, wick lengths, and direction, then checks the previous bar's properties for multi-bar patterns: Engulfing patterns — the current candle's body fully wraps the prior candle's body in the opposite direction. Bullish Engulfing requires a red prior bar followed by a green bar that opens below the prior body low and closes above the prior body high. Hammer — lower wick exceeds 2× the body size, upper wick is less than half the body. No directional restriction on the body itself. Shooting Star / Inverted Hammer / Hanging Man — upper wick exceeds 2× body, lower wick less than half the body. The body color separates these: Inverted Hammer is green (treated as bullish), Hanging Man is red (treated as bearish). Shooting Star is the upper-wick pattern used for bearish signals. How the Components Work Together The EMA trend state acts as a regime filter, not just a visual layer. A bullish candlestick pattern (Engulfing, Hammer, Inverted Hammer) only triggers a BUY signal when fastEma > slowEma — the pattern fires into the trend, not against it. Similarly, bearish patterns only produce SELL signals when the fast EMA is below the slow EMA. This prevents the common trap of fading reversals in strong trends. A hammer below the 200 EMA might signal a brief bounce, but it is not a high-probability long in a downtrend. By requiring trend alignment, the indicator reduces false positives from countertrend noise. The tradeoff is that signals at the beginning of a trend reversal — when the fast EMA has not yet crossed — will be missed. This is by design. Trading Ideas and Insights On higher timeframes (daily, weekly), use the EMA cloud crossover alert to identify macro trend shifts, then drop to a lower timeframe to look for BUY/SELL pattern signals for entry timing. After a pullback to or near the fast EMA in an uptrend, a Hammer or Bullish Engulfing signal at that level adds confluence — price has retested the trend structure and showed rejection. Consider these setups stronger than patterns firing far from either EMA. The Hanging Man (red candle with extended upper wick in an uptrend) triggers a SELL signal when the market is in a downtrend. In practice, watch for this pattern forming near prior resistance or the slow EMA during a counter-rally in a downtrend. Use the dashboard panel to confirm trend state without scrolling back. On faster timeframes, the 50/200 EMA spread updates frequently; on crypto or forex pairs, consider adjusting the slow EMA to 100 to reduce lag. Past candlestick patterns do not guarantee future price movement. All signals should be treated as areas of potential interest, not definitive entry triggers. Unique Aspects Trend-gating is the core differentiator here. Many candlestick indicators plot patterns on every bar regardless of context; this one explicitly suppresses countertrend signals at the calculation level, so the chart stays clean. The Inverted Hammer is classified as bullish and the Hanging Man as bearish based on body color, using the upper-wick geometry. Some implementations treat these as the same pattern with identical signals; here they are split by color to reflect their different interpretations in technical analysis. The EMA cloud uses transparency-adjusted fills that match the trend color, so the visual relationship between the two EMAs immediately communicates regime state without requiring a separate panel. How to Use Add the indicator to any chart and timeframe. The EMA cloud and background shading appear immediately, showing the current trend regime. Watch for BUY labels (green) below bars during uptrend zones (green background) — these mark bars where a bullish pattern fired with trend confirmation. Watch for SELL labels (red) above bars during downtrend zones (red background). Set up alerts via the Alerts panel: choose "Aura BUY Signal" or "Aura SELL Signal" for pattern-filtered signals, or "Trend Shift to Uptrend/Downtrend" for EMA crossover notifications. Check the dashboard (top-right corner) for live trend status and EMA values on the current bar. Customization Fast EMA Length (default: 50) — Controls the short-term trend line. Lower values increase sensitivity and produce more cloud crossovers; higher values smooth out the regime filter. Slow EMA Length (default: 200) — The long-term trend anchor. The 50/200 combination is a widely watched institutional reference; on shorter timeframes, consider 20/50 or 9/21. Color Candles by Trend — When enabled, all candles recolor to match the current trend state. Disable if you prefer standard OHLC coloring or are using another candle-coloring indicator. Bullish / Bearish / Neutral Colors — All visual elements (cloud, candles, background, EMAs) derive from these three color inputs, so changing them updates the entire indicator at once. Conclusion Aura Trend & Candlestick Oracle combines two well-understood techniques — EMA trend detection and candlestick pattern recognition — with a regime filter that suppresses countertrend noise. It works best on trending markets where the EMA structure is well-defined; in choppy, sideways conditions, expect frequent EMA crossovers and fewer valid pattern signals. Traders who already use candlestick patterns and want an automatic trend-alignment layer without managing multiple indicators will find this a practical consolidation.
Indicateur Pine Script®
par Pineify
Vesper Candle Index [JOAT]Vesper Candle Index Introduction Vesper Candle Index is an open-source candlestick classification engine. Instead of marking every common candle pattern equally, it scores candle patterns using body quality, wick structure, trend location, volatility, and nearby structure context. The indicator is designed to reduce pattern noise by ranking candle events and displaying only those that meet a configurable quality threshold. Core Concepts 1. Candle Pattern Library The script evaluates multiple candlestick states, including engulfing candles, hammers, stars, harami, inside breaks, marubozu, tweezers, rail patterns, and reclaim/reject conditions. 2. Quality Scoring Each candidate pattern receives a score based on candle body, wick placement, trend context, volatility, and structure alignment. 3. Structure Context Confirmed pivot levels are used to detect CHoCH-style breaks and candle reactions near recent structure. 4. Trade Projection Labels When a candle state qualifies, the script can display compact educational entry, stop, TP1, and TP2 information. 5. Dashboard The dashboard shows the current candle state, quality bucket, trend, structure, and recent signal context. Features Ranked candle states: Patterns are scored rather than treated equally Structure-aware candles: Uses pivots and CHoCH context Volatility-adjusted logic: ATR helps normalize wick and body requirements Cooldown control: Reduces repeated pattern labels Compact dashboard: Summarizes the highest-ranked current candle state Confirmed patterns: Pattern events use confirmed bars Input Parameters Pattern sensitivity controls the quality threshold Pivot length controls structure confirmation ATR settings control wick/body normalization Rail projection settings control optional visual projection length How to Use This Indicator Step 1: Focus on high-quality states Use the quality score to separate strong candle states from weaker pattern appearances. Step 2: Check structure alignment Candle events near relevant structure are often more meaningful than isolated patterns. Step 3: Avoid treating patterns as certainty Candlestick patterns describe current bar behavior. They do not predict continuation or reversal. Indicator Limitations Candle patterns can fail in strong trend or news conditions Pivot-based structure is delayed by the selected pivot length The script classifies candles; it does not forecast future direction Originality Statement Vesper Candle Index adds scoring, structure context, volatility normalization, cooldown behavior, and a dashboard to candlestick analysis. Its value is in ranking candle quality rather than simply labeling every pattern. Disclaimer This indicator is provided for educational and informational purposes only. It is not financial advice. Candlestick patterns can be misleading when used alone. -Made with passion by jackofalltrades
Indicateur Pine Script®
par officialjackofalltrades
Institutional Displacement & Volume Delta [Bigbeluga]🔵 OVERVIEW Institutional Displacement & Volume Delta is an advanced price action tool designed to identify high-conviction market moves, often referred to as "Displacement." It filters out market noise by highlighting candles that exhibit both significant price expansion and institutional-level volume. By utilizing lower timeframe (LTF) data, the indicator deconstructs each displacement candle to reveal the internal "Buy vs. Sell" volume balance, allowing traders to see the true intent behind aggressive market shifts. 🔵 CONCEPT Institutional Displacement — Identifies "Power Candles" that have a large body relative to their wicks, signaling a one-sided move by major market participants. Volume Spike Filtering — Only qualifies a move as a "Shift" if the volume significantly exceeds a user-defined moving average. Intrabar Volume Deconstruction — Uses a secondary, lower timeframe (e.g., 1m) to calculate exactly how much of a candle's total volume was dedicated to buying versus selling. Internal Volume Blocks — Visually splits the body of displacement candles into color-coded sections (Buy Block and Sell Block) based on the internal delta ratio. Market State Muting — Optionally mutes the color of "choppy" or low-volume bars to keep the focus purely on high-probability institutional activity. 🔵 HOW IT WORKS (IN-DEPTH) 1️⃣ Qualification of Displacement The script first evaluates the "Body-to-Range" ratio. A candle must be mostly "body" (minimal wicks) to prove that the price didn't face significant rejection. It then checks the Volume Multiplier. The volume must be X times higher than the 20-period average to confirm institutional "heavy lifting." If both conditions are met, the bar is labeled a "Bullish Shift" or "Bearish Shift." 2️⃣ Lower Timeframe (LTF) Volume Analysis Standard candles only show total volume. This indicator uses request.security_lower_tf to peak inside the bar. It sums up every 1-minute (or user-defined) sub-candle to categorize volume as "Buy" or "Sell" based on the sub-candle's closing direction. This calculation provides the Delta —the net difference between aggressive buyers and sellers. 3️⃣ Visual Representation The main candle body is hollowed out, and a "Volume Block" is inserted inside. The split point of the inner block represents the ratio of Buy vs. Sell volume. If a Bullish Displacement bar has a large Red inner block at the top, it may signal that sellers were heavily defending that area despite the bullish close. Floating labels provide immediate access to the exact Volume and Delta figures. 🔵 KEY FEATURES Precise Shift Identification: Combines price expansion (Displacement) with volume spikes. Internal Delta Blocks: Unique visual deconstruction of candle volume ratios. Institutional Dashboard: Displays real-time data for the most recent shift, including total volume, delta, and a session shift counter. Muted Chop Mode: Grey-scales non-significant candles to highlight the "Path of Least Resistance." Error Handling: Built-in notification if the user selects an LTF timeframe that is mathematically incompatible with the current chart. 🔵 DASHBOARD METRICS Last Shift: Indicates the direction (Bullish/Bearish) of the most recent displacement. Shift Vol: The total volume transacted during the most recent high-conviction move. Shift Δ: The net delta of the last shift, showing the dominant aggressive party. Shift Count: A running tally of Bullish vs. Bearish shifts since the chart was loaded. 🔵 HOW TO USE Identifying Ignition: A Displacement bar appearing at a support or resistance level often marks the start of a new trend (Trend Ignition). Spotting Traps: Look for "Bullish Shifts" where the Sell Block makes up a large portion of the candle body. This indicates heavy absorption by sellers and may lead to a failed breakout. Confluence with Delta: Use the Dashboard's "Shift Δ" to confirm that the displacement move is backed by strong net buying/selling rather than just high-volume churn. Exit Timing: If price enters a consolidation zone and the "Shift Count" starts alternating rapidly between Bullish and Bearish, it indicates institutional indecision. 🔵 CONCLUSION Institutional Displacement & Volume Delta provides a specialized lens into market momentum. By focusing on displacement and the internal mechanics of volume, it helps traders align themselves with the "smart money" and avoid the low-probability volatility of retail-driven noise.
Indicateur Pine Script®
par BigBeluga
10
Strat Bar Type ScannerMade for use with the Pine Screener (beta). Select "Choose Indicator" then click "strat bar scanner" First adjust the columns. Click the 3 bars on the right for drop down. Remove all the "shapes" columns. Add current strat type and previous strat type. You can now scan your watch list for all types of candles. 1 bars print as "1" 2 up bars print as "21" 2 down bars print as "22" 3 bars print as "3" current strat type shows your current candle type previous strat type shows your previous candle type. For manually scanning specific types you would do the following - To scan for 1 bars: Click "current strat type" dropdown then manual setup. First drop down select "equal" Second drop down leave on "value" Third drop down type "1" To scan for 2 down bars: Click "current strat type" dropdown then manual setup. First drop down select "equal" Second drop down leave on "value" Third drop down type "22" To scan for 2 up bars: Click "current strat type" dropdown then manual setup. First drop down select "equal" Second drop down leave on "value" Third drop down type "21" To scan for 3 bars: Click "current strat type" dropdown then manual setup. First drop down select "equal" Second drop down leave on "value" Third drop down type "3" To scan for patterns by using the pervious strat type dropdown - for instance 3-1 conslidation: Click "current strat type" dropdown then manual setup. First drop down select "equal" Second drop down leave on "value" Third drop down type "1" Click "previous strat type" dropdown then manual setup. First drop down select "equal" Second drop down leave on "value" Third drop down type "3"
Indicateur Pine Script®
par Dubberz
2
TA-Lib Candlestick PatternsCandlestick Patterns TA-Lib — precise candlestick pattern recognition from the TA-Lib library for TradingView (Pine Script v5). Displays 40+ classic patterns with individual settings on any timeframe. Индикатор "Свечные формации TA-Lib" — точное распознавание свечных паттернов из библиотеки TA-Lib для TradingView (Pine Script v5). Показывает более 40 классических паттернов с индивидуальными настройками на любом таймфрейме. Supported Patterns / Поддерживаемые паттерны: Engulfing / Поглощение Harami / Харами Harami Cross / Крест харами Piercing / Пронизывающая свеча Dark Cloud Cover / Тёмные облака Kicking / Высокий прыжок Kicking By Length / Kicking By Length Counterattack / Контр-атака Matching Low / Совпадение по нижнему уровню Homing Pigeon / Почтовый голубь In-Neck / На линии шеи On-Neck / У линии шеи Thrusting / Толчок Separating Lines / Разделяющиеся свечи Gap Side-by-Side White / Смежные белые с гэпом Morning Star / Утренняя звезда Evening Star / Вечерняя звезда Morning Doji Star / Утренняя звезда дожи Evening Doji Star / Вечерняя звезда дожи Three White Soldiers / Три белых солдата Three Black Crows / Три чёрные вороны Three Inside Up/Down / Три дня изнутри вверх/вниз Three Outside Up/Down / Три дня снаружи вверх/вниз Three-Line Strike / Тройной удар Three Stars In South / Три звезды на юге Tristar / Три звезды Identical Three Crows / Три одинаковые вороны Advance Block / Отбитая атака Stalled Pattern / Размышление Abandoned Baby / Брошенный младенец Upside Gap Two Crows / Две взлетевшие вороны Two Crows / Две вороны Stick Sandwich / Прилипший сэндвич Unique 3 River / Особая впадина 3 реки Ladder Bottom / Ступенчатое дно Breakaway / Пробой Tasuki Gap / Разрыв тасуки Rise/Fall Three Methods / Метод трёх поднимающихся/падающих Mat Hold / Удержание на татами X-Side Gap Three Methods / Верхний/нижний разрыв метода трёх Concealing Baby Swallow / Прячущаяся ласточка Hikkake / Хиккаке Modified Hikkake / Modified Hikkake Key Features / Основные возможности: Individual toggles for each pattern / Индивидуальные переключатели для каждого паттерна Multi-timeframe support / Поддержка мультитаймфрейма Pattern labels on chart / Лейблы паттернов на графике Perfect for Forex, stocks, crypto analysis / Идеален для анализа Forex, акций, криптовалют
Indicateur Pine Script®
par Renyfer
Oliver Velez System Visual Helper [CocoChoco]Not endorsed by or related to Oliver Velez himself. 🐘 Oliver Velez System Visual Helper 🎯 Overview Unlock the power of Institutional Trading with this precision tool designed for followers of the Oliver Velez (OV) methodology. This indicator specializes in identifying the "Narrow State"—the coiled spring of the market—and highlighting the high-probability entry candles that signal institutional participation. Unlike standard indicators that lag, this helper focuses on the transition from low to high volatility, giving you a front-row seat to the moves that matter. 🧩 The Core Philosophy: The Narrow State According to Oliver Velez, the most explosive moves in the market occur when the 20 SMA and the 200 SMA converge into a Narrow State. This represents a moment of equilibrium where both short-term and long-term traders are in agreement, and the next move is likely to be a significant expansion. This indicator automates that discovery by: Measuring Distance: It calculates the exact percentage gap between the SMAs to find the "coil." Verifying Parallelism: It ensures the SMAs are moving "somewhat horizontal" and parallel, filtering out chaotic crossovers. Multi-Timeframe Confirmation: It checks your higher timeframe (e.g., 15m) to ensure the big players are aligned before you take a trade on the smaller timeframe. ⚡ Power Entry Highlights Once a Narrow State is confirmed, the indicator "paints" the chart with specific Velez-style entry patterns. These bars only highlight when Price > 20 SMA > 200 SMA (Bullish) or Price < 20 SMA < 200 SMA (Bearish), ensuring you never trade against the trend. EB (Elephant Bar): The "Institutional Footprint." Large, solid-bodied bars that represent massive buying or selling. TB (Tail Bar): Bottoming and Topping tails that show clear rejection of the SMAs, signaling a reversal into the main trend. 180 (Bull/Bear 180): A two-bar reversal pattern where the current bar completely engulfs the body of the previous bar, effectively "flipping" the momentum. 🛠️ Key Features Dynamic Cloud Ribbon: A solid visual zone between the 20 and 200 SMAs that appears only when the Narrow State and MTF alignment are perfect. Smart Bar Coloring: Only the specific institutional breakout bars change color, keeping your chart clean and professional. Dual Alert System: Narrow State Start: Get notified the second the market begins to coil. Entry Candle Close: Get a ping exactly when a valid EB, TB, or 180 closes. Consolidated Style: A clean UI that allows you to manage all pattern colors with a single picker. 🚀 How to Use Wait for the Cloud: When the ribbon appears between the SMAs, the market is in a Narrow State. Look for the Color: Watch for an Aqua (default) candle to form. Check the Label: Verify the entry type (EB, TB, or 180). Execute: Per OV's rules, enter on the break of the entry bar’s high/low with a stop at the tail/low of the bar. Disclaimer: Trading involves significant risk. This tool is a visual aid, and may be significantly different from Oliver Velez system, and does not constitute financial advice. Always practice proper risk management.
Indicateur Pine Script®
par CocoChoco1
1
Smart Candlestick Pattern Filter [MarkitTick]💡 This Script is a sophisticated technical analysis tool designed to identify, grade, and display over 40 distinct candlestick formations based on a proprietary strength and context filtering system. Unlike standard pattern finders that often clutter charts with conflicting signals, this script utilizes a hierarchy logic to display only the most significant pattern detected on any given candle, ensuring chart clarity and actionable data. ● Originality and Utility The primary utility of this script lies in its filtering engine. Standard indicators often flag every minor Doji or Spinning Top, creating noise. This indicator categorizes patterns into five distinct levels of strength, ranging from simple indecision to very strong reversal or continuation signals. Furthermore, it incorporates a Trend Context filter, which checks the relationship between price and a Simple Moving Average (SMA). This ensures that reversal patterns (like Hammers) are prioritized during downtrends, while continuation patterns are highlighted during established moves, reducing false positives. ● Methodology The indicator evaluates price action using specific ratios between the Open, High, Low, and Close, alongside the body size relative to the total range. It assigns a strength score to each detected pattern. • Pattern Strength Grading Strength 1 (Indecision): Includes patterns like Doji, Spinning Tops, Dragonfly, and Gravestone Dojis. These signal a pause in momentum. Strength 2 (Weak): Includes patterns like Hanging Man, Inverted Hammer, Belt Holds, and In-Neck lines. These suggest potential movement but often require confirmation. Strength 3 (Moderate): Includes classic reversals like Hammers, Shooting Stars, Haramis, Dark Cloud Cover, and Piercing Lines. Strength 4 (Strong): Includes major signals like Engulfing patterns, Morning/Evening Stars, and Marubozu candles. Strength 5 (Very Strong): Reserved for rare, high-probability multi-candle formations like Three White Soldiers, Three Black Crows, Rising/Falling Three Methods, and Breakaway gaps. The script calculates all potential patterns for the current bar and then compares their strength scores. Only the pattern with the highest strength is displayed. If the Show Trend Context option is enabled, the script further validates the pattern against the current market direction (determined by the SMA and slope) before plotting. ● How to Use Traders can use this tool to identify potential entry and exit points based on the strength of the signal. • Visual Signals Patterns are labeled directly on the chart: Green Labels/Text: Indicate Bullish patterns. Red Labels/Text: Indicate Bearish patterns. Gray/White Labels: Indicate Indecision or Weak patterns. Hovering over any label provides the full name of the pattern and its strength rating (e.g., "Bullish Engulfing - Strength: Strong"). • Trading Logic High Strength Signals (Levels 4-5): These can be used as primary triggers for trend reversals or strong continuations. Moderate Signals (Level 3): Useful for adding confluence to existing analysis or anticipating a setup. Indecision (Level 1): Often useful for taking profits or tightening stop-losses, as they indicate the current trend may be stalling. ● Settings Show Only Strong Patterns: When enabled, filters out Strength 1, 2, and 3, showing only the most significant signals (Strength >= 4). Max Patterns to Display: Limits the number of historical labels to prevent chart clutter. Max Candles to Check Engulfing: Adjusts how far back the script looks to validate the size of an engulfing candle. Trend Detection Period: Sets the length of the SMA used to determine the background trend context. Show Only Trend-Appropriate Patterns: If checked, bullish reversals are only shown in downtrends, and bearish reversals in uptrends. ● Disclaimer All provided scripts and indicators are strictly for educational exploration and must not be interpreted as financial advice or a recommendation to execute trades. I expressly disclaim all liability for any financial losses or damages that may result, directly or indirectly, from the reliance on or application of these tools. Market participation carries inherent risk where past performance never guarantees future returns, leaving all investment decisions and due diligence solely at your own discretion.
Indicateur Pine Script®
par MarkitTick
8
SNP420/TRCS_MASTERMicro Body Candle Highlighter is a visual tool for TradingView that continuously scans the active timeframe and highlights all candles with an extremely small body. For every bar (including the currently forming one), the indicator compares the absolute distance between Open and Close to a user-defined threshold in ticks (default: 1 tick, based on syminfo.mintick). If the candle’s body size is less than or equal to this threshold, the indicator draws a red frame around the candle – either around the body only or the full high-to-low range, depending on user settings. Optionally, the indicator can also trigger alerts whenever such a “micro body” candle is detected, allowing traders to react immediately to potential indecision, pauses, or micro-reversals in price action. author: SNP_420 project: FNXS ps: Piece and love
Indicateur Pine Script®
par SNP_420
Timeframe LiquidityTimeframe Liquidity – Multi-Timeframe Highs & Lows by Timeframe Liquidity automatically plots previous day, week, month, and year highs and lows, key liquidity zones used by smart money and price-action traders. These levels extend into the future and can automatically stop once price wicks through, showing clear liquidity sweeps and tested zones. Perfect for traders using ICT / SMC concepts, liquidity theory, or market structure analysis. Instantly see where liquidity rests, where it’s been taken, and how price reacts at major support and resistance. Features: Auto-plots PDH/PDL, PWH/PWL, PMH/PML, PYH/PYL Custom line styles, colors, and label sizes Option to stop line on wick (liquidity sweep) Smart timeframe visibility (hides same-TF levels) Accurate UTC offset handling Identify liquidity pools fast, trade cleaner charts, and track where smart money hunts liquidity. Built for precision, clarity, and confluence.
Indicateur Pine Script®
par archiedurrant
Candle Range Detector by TradeTech AnalysisCandle Range Detector by TradeTech Analysis This advanced indicator identifies and visualizes price compression zones based on inside bar formations, then tracks how price behaves around those zones — offering valuable insights into liquidity sweeps, range expansions, and trap/mitigation behavior. The script builds upon the foundational concept of range-based price action, commonly used by institutional traders, and adds automation, mitigation tracking, and sweep detection to map how price reacts around these critical ranges. 🔍 How It Works: • Range Formation: A new range is detected when the current candle forms entirely within the high and low of the previous candle (i.e., an inside bar). This behavior often indicates price compression and potential breakout zones. • Range Extension: Once a range is confirmed, the script projects upper and lower boundaries (using either a percentage-based multiplier or Fibonacci log extension), providing context for expected breakout zones. • Mitigation Tracking: The script continuously monitors whether price breaks above or below the projected extensions, marking that range as mitigated — useful for confirming whether liquidity was absorbed. • Sweep Detection: If price re-visits a mitigated zone and shows signs of a liquidity sweep (via wick + close behavior), the indicator triggers visual sweep labels and optional alerts. 🧠 Optional Visual Enhancements: • Highlight range-forming candles with light blue background (toggle on/off) • Midpoint dotted line for symmetry analysis • Labels for “Range High” and “Range Low” for visual clarity • Dynamic box drawing that adapts upon mitigation or continuation ⚙️ Customizable Features: • Choose between Normal and Fibonacci-based detection modes • Toggle visibility of range boxes, extension lines, and sweep markers • Configure sweep alerts, mitigation window size, and visual transparency ⸻ 🧪 Use Cases • Identify consolidation zones before major price moves • Confirm liquidity sweeps for entry/exit traps • Visualize and test mitigation behavior of past zones • Combine with Order Flow or Volume Profile tools to enhance context ⸻ ⚠️ This is a fully original implementation that goes beyond classical inside-bar scanners by incorporating mitigation, extension projection, and liquidity sweeps — making it a powerful tool for intraday, swing, and even Smart Money-based trading setups.
Indicateur Pine Script®
par TradeTechanalysis
FVG Candle HighlighterThis indicator highlights only the true Fair Value Gap (FVG) creator candle — the middle candle in a 3-bar FVG formation — with zero clutter. 🔹 Bullish FVG: Candle is colored if price gaps above the high two bars back 🔹 Bearish FVG: Candle is colored if price gaps below the low two bars back ✨ No boxes. No zones. Just pure, visual price-action accuracy. 🔧 Powered by Pine Script v6 🧠 Based on institutional-style FVG logic 🎯 Ideal for Smart Money / ICT / Order Block strategies
Indicateur Pine Script®
par SmellyTaz
Doji DetectorThis script is designed to detect Doji candlesticks, which are characterized by a small body compared to the overall candle range. The script identifies a Doji when: ✔ The body size is smaller than 10% of the total candle range, OR ✔ The body size is less than 3 pips. How It Works: The script calculates the body size of each candle (absolute difference between the open and close price). It then compares the body size with the total candle range (high - low). If the body size is smaller than 10% of the candle range or less than 3 pips, the script marks it as a Doji. How to Use It: Apply the script to your TradingView chart. It will highlight Doji candles automatically. Suitable for traders using price action analysis to identify potential market reversals or indecision zones. 🚀 Best suited for: Forex, Stocks, and Crypto markets. 🔔 Optional: You can modify the conditions to fit your trading strategy.
Indicateur Pine Script®
par pegah1999golpasandi
Orderblocks | iSolani Revealing Institutional Footprints: The iSolani Volume-Powered Order Block System Where Smart Money Leaves Its Mark – Automated Zone Detection for Discretionary Traders Core Methodology Pressure-Weighted Volume Analysis Calculates directional commitment using candle position: Buying Pressure = Total Volume × (Closing Price – Low) / (High – Low) Selling Pressure = Total Volume × (High – Closing Price) / (High – Low) Normalizes values against 31-period EMAs to filter retail noise Adaptive Block Triggering Identifies significant zones when: Absolute Buy/Sell Difference > 4× SMA of Historical Differences (default) Price closes bullishly (green block) or bearishly (red block) Self-Maintaining Visualization Blocks auto-extend rightward until price breaches critical level Invalidated zones removed in real-time via array management Technical Innovation Dynamic Threshold Adjustment Multiplier parameter (default 4) automatically scales with market volatility Institutional-Grade Metrics Blocks display: Volume disparity in absolute terms Percentage deviation from 33-period average Directional bias through color-coding Efficient Memory Handling O(n) complexity cleanup routine prevents chart lag System Workflow Calculates real-time buy/sell pressure ratios Compares to historical average (31-period default) Generates semi-transparent zones (85% opacity) at spike locations Monitors price interaction with block boundaries Automatically retracts invalid zones Standard Configuration Sensitivity : 4× multiplier (ideal for 15m-4h charts) Visuals : Red/green blocks with white text labels Duration : 50-bar default extension Volume Baseline : 33-period EMA filter Boundary Check : Close beyond block high/low triggers deletion This system transforms raw market data into a institutional roadmap – not by predicting turns, but by revealing where concentrated volume makes turns statistically probable. The color-coded blocks serve as persistent yet adaptive markers of where professional liquidity resides.
Indicateur Pine Script®
par Quantura
4
Failed 2D & Failed 2U BarsI created this indicator to plot a triangle when a candle is either 1) a failed 2 down--the candle breaks the low of the prior candle but closes green (or higher than its opening price) and doesn't break the high of the previous candle; and 2) a failed 2 up--high of the prior candle is broken but the bar is red and does not break the low of the prior candle. It has alerts which you can set up in the alert system. I think that this candle is one of the most telling and powerful when it comes to candle analysis. R.I.P. Rob Smith, Creator of The Strat.
Indicateur Pine Script®
par hardwaybets
2
Candles Volume HeatMap [BigBeluga]Candles Volume HeatMap The Candle Volume HeatMap indicator is a unique and advanced tool that visualizes lower timeframe volume activity within higher timeframe candles, offering traders a granular perspective on volume distribution. ⚠️Important note: before using the indicator, it is necessary to apply it to the candles 🔵Key Features: Volume HeatMap Visualization: The indicator breaks down each higher timeframe candle into 10 equal vertical segments (boxes) based on its high-to-low range. Each box represents a lower timeframe candle's volume activity, with more intense colors indicating stronger volume levels. Lower Timeframe Integration: Automatically uses a timeframe 10x lower than the current chart. For example, on a 10-hour chart, it uses 1-hour candles to extract volume data. POC (Point of Control): The highest volume box within each candle is marked with the volume value. The indicator also plots a horizontal POC line at the level of this box, highlighting significant areas of price interest. The POC line is removed once the price crosses it, ensuring the chart stays clean. Delta Display (Optional): Traders can enable the Delta feature to analyze buyer vs. seller activity within each higher timeframe candle. Delta is calculated by summing 10 lower timeframe candles: a bullish candle adds to buyers, while a bearish candle adds to sellers. Displays the net Delta percentage: positive values (white) indicate buyer dominance, while negative values (red) indicate seller dominance. Dynamic Volume Scaling: The highest volume value in each candle is displayed inside its respective box, providing quick insights into critical price-volume levels. 🔵How It Works: For each higher timeframe candle, the indicator analyzes 10 lower timeframe candles and maps their volume into 10 segments (boxes) between the high and low of the current candle. The intensity of each box's color corresponds to the relative volume of the lower timeframe candle it represents. The POC highlights the price level with the highest concentration of volume, aiding in identifying potential support/resistance zones. Delta analysis offers additional insights into market sentiment by breaking down buyer and seller activity in each candle. 🔵Use Cases: Spotting key volume areas within higher timeframe candles to identify support and resistance levels. Analyzing volume concentration for potential breakout or reversal zones. Leveraging Delta analysis to gauge market sentiment and confirm volume-based trends. This indicator is ideal for traders seeking to combine volume analysis with price action, offering precise insights into volume distribution and market dynamics.
Indicateur Pine Script®
par BigBeluga
4
TechniTrend: CandleMetrics🟦 Overview The TechniTrend: CandleMetrics Indicator is a powerful tool designed to give traders an in-depth analysis of candlestick structures. This indicator allows users to identify potential reversal points, trend continuations, and other crucial market behaviors by examining key ratios between candle components—such as body, shadow, and overall range—alongside volume conditions. The advanced filtering options offer flexibility for both novice and experienced traders, enabling tailored setups to suit different trading strategies. 🟦 Key Features 🔸Customizable Ratios: Set thresholds for Body-to-Range, Shadow-to-Range, Upper Shadow-to-Range, and Lower Shadow-to-Range ratios. 🔸Volume-Based Filters: Integrate volume conditions to strengthen the reliability of signals. 🔸Flexible Conditions: Choose whether filters should work independently or in combination, allowing for precise pattern identification. 🔸Visual Markers: Mark potential signals with a distinct background color and symbols on the chart. 🔸Alerts: Receive notifications for each selected condition, ensuring you never miss an opportunity. 🟦 How It Works The CandleMetrics Indicator operates by analyzing the relationship between different components of each candlestick, combined with volume data to determine the strength of signals. Here’s a detailed breakdown of each feature: 🔸 Body to Range Ratio: This filter compares the size of the candle's body to its total range (from high to low). Example Setting: If you’re interested in spotting candles with small bodies relative to their total range, you might set the Body-to-Range Ratio to “Less than 0.3.” 🔸 Shadow to Range Ratio: This examines the combined size of both shadows (upper and lower) relative to the entire candle range. Example Setting: Use a Shadow-to-Range Ratio set to “More than 0.8” to find candles with significant wick lengths, suggesting market indecision. 🔸 Upper Shadow to Range Ratio: This filter assesses the proportion of the upper shadow (wick) in relation to the candle’s full range. Example Setting: “Less than 0.05” can help identify situations where the upper shadow is minimal, indicating strong downward pressure. 🔸 Lower Shadow to Range Ratio: It measures the lower shadow compared to the entire candle range. Example Setting: “More than 0.7” is useful for detecting potential rejection patterns at lower prices, hinting at a possible bullish reversal. 🔸 Volume Filter: Integrates volume data to verify the reliability of each candle pattern. Example Setting: Apply a Volume Filter Length of 100 with an SMA type to smooth volume data over a longer period, filtering out short-term noise and focusing on significant volume shifts. 🟦 Combining Filters The indicator offers an option to Combine Filters. When this setting is enabled, all selected conditions must be met simultaneously for a candle to be marked. If disabled, each condition functions independently, allowing more flexibility in detecting diverse patterns. 🟦 Examples & Use Cases 🔸Example 1: Spotting Reversal Opportunities I used the following configuration to find potential bullish reversals: Upper Shadow to Range Ratio: “Less than 0.05” – Looking for candles with almost no upper shadow. Lower Shadow to Range Ratio: “More than 0.7” – Highlighting candles with a significant lower shadow. Volume Filter Length: 100 with SMA. This setup effectively highlights candles where price rejection is happening at lower levels, suggesting a potential trend reversal to the upside. 🔸Example 2: Detecting Market Uncertainty If you want to focus on candles showing market hesitation, try: Shadow to Range Ratio: “More than 0.85” – Emphasizing long-wick candles that could indicate indecision. Disable Combine Filters to allow flexibility, marking any candle meeting the above criteria. 🟦 Detailed Explanation of Each Option Here’s a clear and concise breakdown of each option for a better understanding: 1. Body to Range Ratio Purpose: This ratio shows how significant the candle's body is compared to its overall range. A smaller body-to-range ratio can indicate a potential reversal if the market appears indecisive. How to Use: Increase the ratio to filter for stronger trend candles; decrease it to identify reversal or indecision candles. 2. Shadow to Range Ratio Purpose: This filter captures the size of both shadows relative to the candle's total range. A larger ratio often points to market hesitation, while a smaller ratio suggests a decisive move. How to Use: Adjust this filter to focus on candles with long wicks (indecision) or short wicks (decisiveness). 3. Upper Shadow to Range Ratio Purpose: Helps to identify candles with strong downward moves by focusing on the upper wick length. A small upper shadow can imply sellers' dominance. How to Use: Lower the ratio to detect candles with minimal upward rejection. 4. Lower Shadow to Range Ratio Purpose: Targets candles with strong buying pressure by analyzing the lower shadow. A larger lower shadow may indicate a bullish reversal. How to Use: Increase the ratio to spot rejection candles with significant lower shadows. 5. Volume Filter Purpose: Adds a volume component to verify the validity of each candlestick pattern. Higher-than-average volume often signifies the strength of a move. How to Use: Adjust the filter length and type to smooth out volume fluctuations based on your trading timeframe. 🟦 Indicator Alerts Each filter has its own alert configuration, enabling traders to stay updated on market conditions that meet their selected criteria. You can customize alerts to trigger whenever a condition is met, helping to manage trades even when away from the screen.
Indicateur Pine Script®
par itsKraken
[ AlgoChart ] - Compare MarketIndicator Description: This indicator allows you to display a second asset, selectable from the input panel, in a separate window. Plotted on the same time scale as the first asset but with a distinct price scale, the indicator enables analysis of the relationships and relative movements of two financial instruments. It’s an ideal tool for understanding whether two assets move in a correlated or divergent manner. Key Features: Multi-Asset Comparison: Display two assets simultaneously to compare their trends. Custom Scale: Each asset uses its own price scale, making comparative analysis easier. Intuitive Interface: Easily select the second asset through the input panel. Operational Applications: Spread Trading: Identify optimal moments to execute spread trades when two highly correlated instruments move in opposite directions. Supply & Demand: Pinpoint zones of interest on both assets, increasing the validity of support and resistance areas. Exposure Reduction: Monitor instruments that move similarly to avoid exposing the portfolio in identical directions, thereby reducing the risk of double losses. Additional Features: Candle Color Change: When a directional divergence occurs between the two assets, the candles change color to highlight the event. Customizable Notifications: Receive instant alerts when a divergence occurs, allowing you to act promptly.
Indicateur Pine Script®
par AlgoChartExpert
Enhanced Pressure MTF ScreenerEnhanced Pressure Multi-Timeframe (MTF) Screener Indicator Overview The Enhanced Pressure MTF Screener is an add-on that extends the capabilities of the Enhanced Buy/Sell Pressure, Volume, and Trend Bar Analysis . It provides a clear and consolidated view of buy/sell pressure across multiple timeframes. This indicator allows traders to determine when different timeframes are synchronized in the same trend direction, which is particularly useful for making high-confidence trading decisions. Image below: is the Enhanced Buy/Sell Pressure, Volume, and Trend Bar Analysis with the Enhanced Pressure MTF Screener indicator both active together. Key Features 1.Multi-Timeframe Analysis The indicator screens various predefined timeframes (from 1 week down to 10 minutes). It offers a table view that shows buy or sell ratings for each timeframe, making it easy to see which timeframes are aligned. Traders can choose which timeframes to include based on their trading strategies (e.g., higher timeframes for position trading, lower timeframes for scalping). 2.Pressure and Trend Calculation Uses Buy and Sell Pressure calculations from the Enhanced Buy/Sell Pressure indicator to determine whether buying or selling is dominant in each timeframe. By analyzing pressures on multiple timeframes, the indicator gives a comprehensive perspective of the current market sentiment. The indicator calculates whether a move is strong based on user-defined thresholds, which are displayed in the form of additional signals. 3.Heikin Ashi Option The Heikin Ashi candle type can be toggled on or off. Using Heikin Ashi helps smooth out market noise and provides a clearer indication of trend direction. This is particularly helpful for traders who want to filter out market noise and focus on the primary trend. 4.Table Customization Table Positioning: The table showing timeframe data can be positioned at different locations on the chart—top, middle, or bottom. Text and Alignment: The alignment and text size of the table can be customized for better visual clarity. Color Settings: Users can choose specific colors to indicate buying and selling pressure across timeframes, making it easy to interpret. 5.Strong Movement Indicators The screener provides an additional visual cue (🔥) for timeframes where the movement is deemed strong, based on a user-defined threshold. This helps highlight timeframes where significant buying or selling pressure is present, which could signal potential trading opportunities. How the Screener Works 1.Pressure Calculation For each selected timeframe, the indicator retrieves the Open, High, Low, and Close (OHLC) values. It calculates buy pressure (the range between high and low when the closing price is higher than the opening) and sell pressure (the range between high and low when the closing price is equal to or lower than the opening). The screener computes the pressure ratio, which represents the difference between buying and selling pressure, to determine which side is dominant. 2.Trend Rating and Signal Generation Based on the calculated pressure, the screener determines a trend rating for each timeframe: "Buy," "Sell," or "Neutral." (▲ ,▼ or •) Additionally, it generates a signal (▲ or ▼) to indicate the current trend direction and whether the move is strong (based on the user-defined threshold). If the movement is strong, a fire icon (🔥) is added to indicate that there is significant pressure on that timeframe, signaling a higher confidence in the trend. 3.Customizable Strong Move Thresholds Strong Move Threshold: The screener uses this value to decide whether a trend is significantly strong. A higher value makes it more selective in determining strong moves. Strong Movement Threshold: Helps determine when an additional strong signal should be displayed, offering further insight into the strength of market movement. Inputs and Customization The Enhanced Pressure MTF Screener is highly customizable to fit the needs of individual traders: General Settings: Use Heikin Ashi: Toggle this setting to use Heikin Ashi for a smoother trend representation. Strong Move Threshold: Defines how strong a move should be to be considered significant. Strong Movement Threshold: Specifies the level of pressure required to highlight a move with the fire icon. Table Settings: Position: Choose the vertical position of the screener table (top, middle, or bottom of the chart). Alignment: Align the table (left, center, or right) to best suit your chart layout. Text Size: Adjust the text size in the table for better readability. Table Color Settings: Users can set different colors to represent buying and selling signals for better visual clarity, particularly when scanning multiple timeframes. Timeframe Settings: The screener provides options to include up to ten different timeframes. Traders can select and customize each timeframe to match their strategy. Examples of available timeframes include 1 Week, 1 Day, 12 Hours, down to 10 Minutes, allowing for both broad and detailed analysis. Practical Use Case Identifying Trend Alignment Across Timeframes: Imagine you are about to take a long trade but want to make sure that the trend direction is aligned across multiple timeframes. The screener displays "Buy" ratings across the 4H, 1H, 30M, and 10M timeframes, while higher timeframes (like 1W and 1D) also show "Buy" with strong signals (🔥). This indicates that buying pressure is strong across the board, adding confidence to your trade. Spotting Reversal Opportunities: If a downtrend is evident across most timeframes but suddenly a higher timeframe, such as 12H, changes to "Buy" while showing a strong move (🔥), this could indicate a potential reversal. The screener allows you to spot these discrepancies and consider taking early action. Benefits for Traders 1.Synchronization Across Timeframes: One of the main strengths of this screener is its ability to show synchronized buy/sell signals across different timeframes. This makes it easy to confirm the strength and consistency of a trend. For example, if you see that all the selected timeframes display "Buy," this implies that both short-term and long-term traders are favoring the upside, giving additional confidence to go long. 2.Quick and Visual Trend Overview: The table offers an at-a-glance summary, reducing the time required to manually inspect each timeframe. This makes it particularly useful for traders who want to make quick decisions, such as day traders or scalpers. 3.Strong Move Indicator: The use of fire icons (🔥) provides an easy way to identify significant movements. This is particularly helpful for traders looking for breakouts or strong market conditions that could lead to high probability trades. To put it short or to summarize The Enhanced Pressure MTF Screener is a powerful add-on for traders looking to understand how buy and sell pressure aligns across multiple timeframes. It offers: A clear summary of buying or selling pressure across different timeframes. Heikin Ashi smoothing, providing an option to reduce market noise. Strong movement signals to highlight significant trading opportunities. Customizable settings to fit any trading strategy or style. The screener and the main indicator are best used together, as the screener provides the multi-timeframe overview, while the main indicator provides an in-depth look at each individual bar and trend. I hope my indicator helps with your trading, if you guys have any ideas or questions there is the comment section :D
Indicateur Pine Script®
par Debis03
10
Enhanced Buy/Sell Pressure, Volume, and Trend Bar analysisEnhanced Buy/Sell Pressure, Volume, and Trend Bar Analysis Indicator Overview This indicator is designed to help traders identify buy and sell pressure, volume changes, and overall trend direction in the market. It combines multiple concepts like price action, volume, and trend analysis, candlestick anaysis to provide a comprehensive view of market dynamics. The visual elements are intuitive, making it suitable for traders at different levels. This indicator works together with Enhanced Pressure MTF Screener which is a screener based of this indicator to make it easier to see Bullish/Bearish pressures and trend across multiple timeframes. Image below: is the Enhanced Buy/Sell Pressure, Volume, and Trend Bar Analysis with the Enhanced Pressure MTF Screener indicator both active together. Key Features 1.Buy/Sell Pressure Identification Buy Pressure: Calculated based on price movement where the close price is higher than the opening price. Sell Pressure: Calculated when the closing price is equal to or lower than the opening price.These pressures help you understand whether buyers or sellers are more dominant for each bar. 2.Volume Analysis Normalized Volume: Volume data is normalized, making it easier to compare volume levels over different periods. Volume Histogram: The volume is also presented as a histogram for easy visualization, showing whether the current volume is higher or lower compared to the average. 3.Simplified Coloring Option You can choose to simplify the coloring of bars to reflect the dominant pressure: green for bullish pressure and red for bearish pressure. This makes it visually easier to identify who is in control. When simplified coloring is disabled, the bars' colors will represent the combined effect of buy and sell pressure. 4.Heikin-Ashi Candles for Pressure Calculation The indicator includes an option to use Heikin-Ashi candles instead of traditional candles to calculate buy and sell pressure. Heikin-Ashi candles are known for smoothing out price action and providing a clearer trend representation. 5.Trend Background Coloring This feature uses exponential moving averages (EMAs) to determine the trend: Short-Term EMA vs. Long-Term EMA: When the short-term EMA is above the long-term EMA, the trend is considered bullish, and vice versa. The background color changes based on the identified trend: green for an uptrend and red for a downtrend. This feature helps visualize the overall market direction at a glance. 6.Signals for Key Price Actions The indicator plots various symbols to signal important price movements: Bullish Close (▲): Indicates a strong upward movement where the close price crosses above the open. Bearish Close (▼): Indicates a downward movement where the close price falls below the open. Higher High (•): Highlights new highs compared to previous bars, useful for confirming an uptrend. Lower Low (•): Highlights lower lows compared to previous bars, which can indicate a downtrend or bearish pressure. Calculations Explained 1.Buy and Sell Pressure Calculation The buy pressure is determined by the price range (high - low) if the closing price is above the opening price, indicating an increase in value. The sell pressure is similarly calculated when the closing price is equal to or below the opening price. The indicator uses the Average True Range (ATR) for normalization. Normalizing helps you compare pressure across different periods, regardless of market volatility. 2.Volume Normalization Volume Normalization: To make volume comparable across different periods, the indicator normalizes it using the Simple Moving Average (SMA) of volume over a user-defined length. Volume Histogram: The histogram provides a clear representation of volume changes compared to the average, making it easier to spot unusual activity that may indicate market shifts. 3.Combined Pressure Calculation The indicator calculates a combined pressure value by subtracting sell pressure from buy pressure. When combined pressure is positive, buying is dominant, and when negative, selling is dominant. This helps in visually understanding the ongoing momentum. 4.Trend Calculation The indicator uses two EMAs to determine the trend: Short-Term EMA (default 14-period) to capture recent price movements. Long-Term EMA (default 50-period) to provide a broader trend perspective. By comparing these EMAs on a higher timeframe, the indicator can identify whether the trend is up or down, making it easier for traders to align their trades with the larger market movement. Inputs and Customization The indicator provides several options for customization, allowing you to adjust it to your preferences: SMA Length: Determines the lookback period for moving averages and volume normalization. A longer length provides more smoothing, whereas a shorter length makes the indicator more responsive. Buy/Sell/Volume Colors: Customize the colors used to represent buying, selling, and volume to suit your preferences. Heikin Ashi Option: Toggle between using Heikin Ashi or traditional OHLC (Open-High-Low-Close) candles for pressure calculations. Trend Timeframe and EMA Periods: You can choose different timeframes and EMA periods for trend analysis to suit your trading strategy. How to Use This Indicator Identifying Market Momentum: Use the buy/sell pressure columns to see which side (buyers or sellers) is in control. Positive pressure combined with green color indicates strong buying, while red indicates selling. Volume Confirmation: Check the volume area plot and histogram. High volume coupled with strong pressure is a sign of conviction, meaning the current move has backing from market participants. Trend Identification: The trend background color helps identify the overall trend direction. Trade in the direction of the trend (e.g., take long positions during a green background). Signal Indicators: The plotted symbols like "Bullish Close" and "Bearish Close" provide visual signals of key price actions, useful for timing entry or exit points. Practical use Example Scenario: The market is consolidating, and you see alternating green and red bars. Action: Wait for a consistent sequence of green bars (buy pressure) along with a green background (uptrend) to consider going long, although you can go long without having a green background, the background adds confirmation layer. Scenario: The market has several bearish closes (red ▼ symbols) accompanied by increasing volume. Action: This could indicate strong selling pressure. If the background also turns red, it might be a good time to exit long positions or consider shorting. Higher timeframe pressure and volume: Another way to use the indicator is to check buy/sell volume and pressure of the higher timeframe say weekly or daily or any timeframe you consider higher, once you’ve identified or feel confident in which direction the bar is going along with the full picture of trend, you can go to the lower timeframe and wait for it to sync with the higher timeframe to consider a long or a short. It is also easier to see when markets sync up by also applying the Enhanced Pressure MTF Screener which works in companion to this indicator. Visual Cues and Interpretation Combined Pressure Plot: The green and red column plot at the bottom of the chart represents the dominance between buying and selling. Tall green bars signify strong buying, while tall red bars indicate selling dominance. Trend Background: Helps visualize the overall direction without manually drawing trend lines. When the background turns green, it generally indicates that the shorter-term moving average has crossed above the longer-term average—a sign of a bullish trend. To Summarize shortly The Enhanced Buy/Sell Pressure, Volume, and Trend Bar Analysis Indicator is an advanced but simple tool designed to help traders visually understand market dynamics. It combines different aspects of market analysis of candle pressure from buyers and sellers, volume confirmation, and trend identification into a single view, which can assist both new and experienced traders in making informed trading decisions. This indicator: Saves time by simplifying market analysis. Provides clear visual cues for buy/sell pressure, volume, and trend. Offers customizable settings to suit individual trading styles. Always, I am happy to share my creations with you all for free. If you guys have cool ideas you would like to share, or suggestions for improvements the comment is below and I hope this overview gave an idea of how to use the indicator :D
Indicateur Pine Script®
par Debis03
33
Hull MA with Alerts and LabelsThis script is designed to help traders visually track market trends using various types of moving averages (MAs) and to receive alerts when certain conditions are met. Here’s a detailed breakdown of how the script works: 1. User Inputs and Customization: MA Length: Traders can define the length of the moving average (default is 100). Confirmation Candles: The trader can specify how many candles must confirm a trend before the script triggers a signal (default is 1). MA Variation: The trader can choose between different moving average types: Simple Moving Average (SMA), Exponential Moving Average (EMA), Weighted Moving Average (WMA), or Hull Moving Average (HMA). Source: Traders select the price source for the moving average calculation (e.g., close price). Ribbon Transparency: Allows control over the transparency level of the ribbon plotted between the moving averages. Bullish/Bearish Ribbon Colors: The user can choose the colors for bullish and bearish trends. 2. Moving Average Calculations: The script provides multiple options for calculating moving averages: SMA (Simple Moving Average) EMA (Exponential Moving Average) WMA (Weighted Moving Average) HMA (Hull Moving Average) For the Hull Moving Average (HMA), it uses a specific formula that smoothens the movement and reduces lag, which is helpful for more reactive trend detection. 3. Plotting Moving Averages and Trend Ribbon: The script calculates two key moving averages: MHULL: The main moving average, selected based on the user’s chosen MA variation and source. SHULL: A shifted version of the MHULL to help compare trends (shifted by 2 bars). These two moving averages are plotted on the chart for visualization. MHULL is plotted in green (or another color if changed), while SHULL is plotted in red. A ribbon is drawn between MHULL and SHULL to indicate trends visually. The ribbon changes color depending on whether the trend is bullish (MHULL > SHULL) or bearish (MHULL < SHULL). The ribbon’s transparency can be adjusted for visual clarity. 4. Trend Detection: Bullish Trend: The script checks if the price has closed above MHULL for the defined number of confirmation candles. If confirmed, a bullish trend is detected. Bearish Trend: Similarly, the script checks if the price has closed below SHULL for the confirmation period, indicating a bearish trend. The script tracks whether the market is in a bullish or bearish trend and prevents repeated signals by remembering the current trend state. 5. Alerts and Labels: Bullish Alerts and Labels: When a confirmed bullish trend is detected (i.e., price closes above MHULL for the entire confirmation period and MHULL > SHULL), the script triggers an alert notifying the trader of the bullish condition. A "BULLISH" label is placed on the chart near the low of the candle where the trend was confirmed. Bearish Alerts and Labels: If a confirmed bearish trend is detected (i.e., price closes below SHULL for the confirmation period and MHULL < SHULL), the script triggers an alert for the bearish condition. A "BEARISH" label is placed on the chart near the high of the candle where the trend was confirmed. These alerts and labels help traders act quickly on trend changes and align their trading strategy with market conditions. 6. Practical Use for Traders: For traders, this script offers: Customizability : It allows traders to define the length and type of moving averages, choose price sources, and control how signals are confirmed. Visual Trend Representation : The plotted MA lines and colored ribbons help traders easily see market direction. Early Warnings : With alerts and labels, the script gives traders early signals when trends are shifting, allowing them to adjust positions accordingly. Trend Confirmation : The script waits for a user-defined number of confirmation candles before signaling a new trend, reducing false signals. Overall, the script helps traders automate their strategy by tracking moving averages and alerting them when key trend conditions are met.
Indicateur Pine Script®
par TradeMentorship
1