Commencez

Candlestick analysis

Price Action Patterns + Style Filter by danyPrice Action Patterns + Style Filter by dany ✅ Purpose This indicator is designed to identify high-probability price action patterns and trend structure across different trading styles. It displays clear labels attached directly to candles, allowing traders to: Detect reversal patterns Confirm pullbacks within strong trends Avoid false signals from indecision candles Trade using a structured style (Scalping, Intraday, Swing) 🔥 Key Features 1️⃣ Multi-Style Trading Structure The indicator supports three trading styles: Style Structure Timeframe Description Scalping 5m / 15m structure Uses higher timeframe structure to confirm trend while trading 1m Intraday 1H / 2H / 4H structure Best for day traders who trade in short swings Swing Daily / Weekly / Monthly structure Best for longer-term swing trading This helps the indicator understand trend direction and avoid trading against market structure. 🧠 How Trend is Detected The indicator determines the trend using higher timeframe structure: 🔺 Uptrend When the higher timeframe shows: Higher Highs Higher Lows 🔻 Downtrend When the higher timeframe shows: Lower Highs Lower Lows ➖ Flat If neither condition is true. 🕯️ Candlestick Patterns Detected This indicator identifies the following patterns: ✅ 1. Dragonfly Doji 📌 Bullish Reversal Pattern A candle with: Long lower wick Small body at top Minimal upper wick 📌 Meaning: Buyers step in after sellers push price down. ❌ 2. Gravestone Doji 📌 Bearish Reversal Pattern A candle with: Long upper wick Small body at bottom Minimal lower wick 📌 Meaning: Sellers take control after buyers push price up. 🔥 3. Morning Star 📌 Bullish 3-candle reversal pattern Sequence: Big red candle Small indecision candle (Doji) Big green candle 📌 Meaning: Buyers overpower sellers. 🔥 4. Evening Star 📌 Bearish 3-candle reversal pattern Sequence: Big green candle Small indecision candle (Doji) Big red candle 📌 Meaning: Sellers overpower buyers. 🔁 5. Harami (Mother & Baby) 📌 Reversal pattern A large candle followed by a smaller candle contained within its range. Bullish Harami: Red candle followed by small green candle Bearish Harami: Green candle followed by small red candle 🔁 6. Tweezers 📌 Double top / double bottom pattern Tweezer Top: Green candle followed by equal-sized red candle Tweezer Bottom: Red candle followed by equal-sized green candle 🧠 Psychology-Based Filtering This indicator filters signals using price psychology: 🚫 Ignored Signals It ignores standard indecision dojis because they often lead to false signals in sideways markets. 🔁 Pullback Confirmation During strong trends, the indicator does not signal reversal unless a pullback happens. ✅ Bullish pullback entry Uptrend structure Price pulls back below EMA(50) Dragonfly Doji or Tweezer Bottom appears ✅ Bearish pullback entry Downtrend structure Price pulls back above EMA(50) Gravestone Doji appears
Indicateur Pine Script®
par Danish7421
Candle DNA Rejection, Dominance & Confusion By Dany📌 Candle DNA – Rejection, Dominance & Confusion (Danish) Indicator Description & Trading Guide 🔥 What This Indicator Does The Candle DNA indicator analyzes each candle to classify it into three powerful market behaviors: Rejection Candles (STR-REJ) Dominance Candles (DOM) Confusion Candles (CONF) These classifications help traders identify high-probability turning points, trend continuation, and market indecision. 🧬 1. Rejection Candles (STR-REJ) A rejection candle shows a strong rejection of price in one direction. It occurs when the candle has a long wick and small body, signaling a strong rejection from buyers or sellers. ✅ How to Use Rejection Buy Setup: When a green rejection candle forms near support, it indicates buyers rejected lower prices. Sell Setup: When a red rejection candle forms near resistance, it indicates sellers rejected higher prices. 🎯 Profit Tip Use rejection candles for mean reversion trades (price bouncing back after rejection). Rejection candles near major support/resistance zones have the highest win rate. 🧠 2. Dominance Candles (DOM) Dominance candles show strong market control. They have very large bodies and minimal wick, indicating clear bullish or bearish control. ✅ How to Use Dominance Buy Setup: A green dominance candle near support indicates strong bullish control. Sell Setup: A red dominance candle near resistance indicates strong bearish control. 🎯 Profit Tip Dominance candles are excellent for trend continuation trades. When a dominance candle breaks a key level, the market often follows strongly. 🤝 3. Confusion Candles (CONF) Confusion candles show indecision in the market. They have small bodies and almost equal wicks on both sides. ✅ How to Use Confusion Confusion candles usually appear before big moves. They indicate the market is deciding its next direction. 🎯 Profit Tip When CONF appears near support/resistance, wait for the next candle to confirm direction. 📍 Support & Resistance Filter The indicator only produces strong signals near: Support zones (low is near 20-period low) Resistance zones (high is near 20-period high) This increases the accuracy by filtering out weak signals. ⚠️ Sideways Market Filter The indicator avoids trading in sideways markets using ATR. ✅ This means: It only trades when the market has enough momentum Avoids choppy price action and false signals 🧩 How to Increase Profits Using This Indicator ✔️ Best Profit Strategy Use the indicator with multiple confirmation steps: Step 1: Wait for a Strong Signal STR-REJ or DOM at support/resistance Step 2: Confirm Trend Direction Use higher timeframe trend or moving average to confirm. Step 3: Enter on Confirmation Candle For more accuracy, enter on the next candle after the signal (Spot mode is recommended). Step 4: Use Smart Risk Management Use tight stop loss below/above the candle wick Use RR 1:3 (recommended) This ensures you win less but earn more per win. 🧠 Best Trading Rules (Recommended) ✅ BUY RULE Signal is STR-REJ or DOM near support Market is not sideways Confirm bullish trend Enter on next candle close ✅ SELL RULE Signal is STR-REJ or DOM near resistance Market is not sideways Confirm bearish trend Enter on next candle close 💡 Extra Profit Tips ✔️ Use it with RSI or MACD for extra confirmation ✔️ Trade only during high liquidity sessions (London/New York) ✔️ Avoid trading before major news ✔️ Combine with order blocks for higher accuracy 🏁 Summary This indicator is built to: Detect high-probability reversal zones Trade trend continuation Avoid sideways market noise Help you increase profit with RR 1:3
Indicateur Pine Script®
par Danish7421
1
Two Consecutive Candles Alert - Toggle Alerts🔹 Overview: This indicator identifies when two consecutive candles of the same color appear on the chart—bullish (green) or bearish (red). It highlights the second candle of the streak and optionally triggers an alert, helping traders spot short-term momentum shifts or continuation patterns. 🔹 How It Works: Candle Detection: The script checks the last three candles. The second candle in a pair is marked only if it follows a candle of the same color and is not part of a longer streak. Marking: Bullish second candles are marked with a green triangle below the bar. Bearish second candles are marked with a red triangle above the bar. Alerts (Optional): Traders can enable or disable alerts independently for bullish or bearish setups using checkboxes in the settings. Alerts are triggered only on the second candle of a two-candle streak. 🔹 Inputs / Settings: Enable Bullish Candle Alerts ✅ Enable Bearish Candle Alerts ✅ 🔹 Use Case: Identify short-term trend momentum. Spot potential continuation setups after two consecutive candles of the same type. Combine with other indicators for confirmation (e.g., support/resistance, moving averages). 🔹 Notes: The indicator marks only the second candle in a two-candle streak to avoid marking longer streaks multiple times. Alerts are fully optional and can be toggled on or off.
Indicateur Pine Script®
par toniofficial2024
PDH/PDL + PWH/PWL + ICT Bias FilterThis TradingView indicator displays **Previous Day High/Low (PDH/PDL)** and **Previous Week High/Low (PWH/PWL)** as black horizontal rays that start from the exact candle wick where each level was formed and extend to the right edge of the chart. It calculates an **ICT-style daily bias** based on whether the previous day swept the prior day's high/low and where it closed relative to that range - showing bullish if it swept low and closed inside (reversal) or closed above range (continuation), and bearish for the opposite conditions. The script also tracks **structure-based bias** for 4H, 1H, and 15M timeframes by detecting when price breaks above the last swing high (bullish) or below the last swing low (bearish), using pivot points to identify changes of character. All bias readings are displayed in a **color-coded table** in the top-right corner with green for bullish, red for bearish, and gray for neutral conditions.
Indicateur Pine Script®
par Aurelius1027
2
EMA 9 & 15 with Live Angle (Anchored)Description: This indicator is designed to measure market trend strength and direction using two exponential moving averages (EMAs) — 9 EMA (fast) and 15 EMA (slow) — and their angle of slope. EMA 9 (Fast EMA): reacts quicker to price changes and shows short-term trend direction. EMA 15 (Slow EMA): reacts slower and represents a more stable trend. Slope / Angle of EMA: tells how steeply the trend is moving. Calculated using ATR-normalized slope to adjust for volatility. Converted to degrees for easy interpretation. Labels: Show the current EMA angle live on the chart. Positive angle: Uptrend Negative angle: Downtrend Steeper angle → stronger trend
Indicateur Pine Script®
par Danish7421
BTC Pair Trading Scalper The BTC Pair Trading Scalper is a comprehensive technical analysis indicator specifically designed for scalping Bitcoin on 15-minute timeframes. This indicator combines pair trading strategies with multiple technical indicators to identify high-probability entry and exit points for short-term trades. ═══════════════════════════════════════════════════════════════════════════ KEY FEATURES ✓ PAIR TRADING ANALYSIS - Compares your BTC chart against a reference pair (default: BTCUSDT) - Calculates real-time spread percentage between pairs - Uses Z-Score statistical analysis for mean reversion opportunities - Identifies divergence and correlation breakdowns ✓ MULTI-INDICATOR CONFLUENCE - Fast EMA (9) and Slow EMA (21) for trend direction - SMA (50) for overall trend confirmation - RSI (14) with customizable overbought/oversold levels - MACD for momentum analysis - Bollinger Bands for volatility and price extremes - ATR for volatility measurement ✓ VOLUME CONFIRMATION - Volume moving average analysis - Volume spike detection to validate signals - Filters out false signals in low-volume conditions ✓ ADJUSTABLE SIGNAL SENSITIVITY - HIGH: More frequent signals for active scalping (suitable for experienced traders) - MEDIUM: Balanced approach with confirmed signals (recommended for most traders) - LOW: Conservative signals with multiple confirmations (suitable for risk-averse traders) ✓ REAL-TIME DASHBOARD Displays at-a-glance information: - Current RSI level with color coding - MACD trend direction - Spread percentage between pairs - Z-Score for mean reversion - Volume status (High/Normal) - Overall trend direction (UP/DOWN/NEUTRAL) - Current ATR value for stop-loss sizing ✓ COMPREHENSIVE ALERT SYSTEM - Buy signal alerts - Sell signal alerts - Spread threshold breach alerts - Oversold condition alerts - Overbought condition alerts ═══════════════════════════════════════════════════════════════════════════ HOW IT WORKS SIGNAL GENERATION LOGIC BUY SIGNALS are generated when: - Fast EMA crosses above Slow EMA (bullish crossover) - Price is in an uptrend (above 50 SMA) - RSI shows bullish momentum - MACD confirms upward momentum - Volume spike confirms the move - Sensitivity settings are met SELL SIGNALS are generated when: - Fast EMA crosses below Slow EMA (bearish crossover) - Price is in a downtrend (below 50 SMA) - RSI shows bearish momentum - MACD confirms downward momentum - Volume spike confirms the move - Sensitivity settings are met PAIR TRADING COMPONENT The indicator monitors the spread between your chart and the pair symbol. When the spread deviates significantly (measured by Z-Score), it signals potential mean reversion opportunities: - Z-Score < -1.5: Pairs have diverged, potential buy opportunity - Z-Score > 1.5: Pairs have diverged, potential sell opportunity ═══════════════════════════════════════════════════════════════════════════ VISUAL ELEMENTS ON-CHART DISPLAY: - Blue line: Fast EMA (9) - Short-term trend - Orange line: Slow EMA (21) - Medium-term trend - Purple line: Trend SMA (50) - Long-term trend filter - Gray bands: Bollinger Bands showing volatility - Green "BUY" labels: Long entry signals - Red "SELL" labels: Short entry signals - Background tint: Green (uptrend) / Red (downtrend) DASHBOARD (Top-Right): Color-coded metrics for quick decision making: - Red: Overbought/Warning conditions - Green: Oversold/Bullish conditions - Yellow: Neutral/Elevated conditions - White: Normal conditions ═══════════════════════════════════════════════════════════════════════════ RECOMMENDED SETTINGS BY TRADING STYLE AGGRESSIVE SCALPING (High Frequency) - Signal Sensitivity: HIGH - Timeframe: 15 minutes - Expected trades: 5-10 per day - Risk level: Higher - Skill level: Advanced BALANCED SCALPING (Recommended) - Signal Sensitivity: MEDIUM - Timeframe: 15 minutes - Expected trades: 3-5 per day - Risk level: Moderate - Skill level: Intermediate CONSERVATIVE SCALPING (Quality over Quantity) - Signal Sensitivity: LOW - Timeframe: 15 minutes - Expected trades: 1-3 per day - Risk level: Lower - Skill level: Beginner to Intermediate ═══════════════════════════════════════════════════════════════════════════ BEST PRACTICES FOR SCALPING 1. RISK MANAGEMENT - Use ATR value from dashboard to set stop-losses (1.5-2x ATR) - Risk no more than 1-2% per trade - Use proper position sizing 2. ENTRY STRATEGY - Wait for volume spike confirmation - Ensure trend alignment (dashboard shows clear UP/DOWN) - Look for RSI confirmation (not in extreme zones for trend trades) - Check Z-Score for pair divergence opportunities 3. EXIT STRATEGY - Take profits at opposite signal or predetermined targets - Use trailing stops to protect profits - Exit if volume dries up or trend reverses - Monitor spread returning to mean 4. MARKET CONDITIONS - Works best in trending or ranging markets - Less effective during major news events - Avoid trading during extremely low volume periods - Most active during major market sessions (NY, London, Asia) 5. PAIR SELECTION - Use highly correlated BTC pairs (BTCUSDT, BTCUSD, BTCBUSD) - Ensure both pairs have sufficient liquidity - Monitor spread threshold to avoid excessive divergence ═══════════════════════════════════════════════════════════════════════════ CUSTOMIZATION OPTIONS You can adjust all parameters to match your trading style: PAIR TRADING - Pair Symbol: Choose your reference BTC pair - Spread Threshold: Set alert level for spread divergence - Show Spread: Toggle spread display on/off MOVING AVERAGES - Fast EMA: Adjust for faster/slower signals - Slow EMA: Adjust for trend confirmation - Trend SMA: Change long-term trend filter RSI - RSI Length: Modify sensitivity - Overbought/Oversold levels: Set your thresholds MACD - Fast/Slow/Signal lengths: Fine-tune momentum detection BOLLINGER BANDS - Length: Change volatility period - Multiplier: Adjust band width VOLUME - Volume MA Length: Modify average period - Volume Threshold: Set spike sensitivity ═══════════════════════════════════════════════════════════════════════════ ALERT SETUP To receive notifications: 1. Click the "Alerts" button in TradingView 2. Select "BTC Pair Trading Scalper" 3. Choose alert type: Buy Signal, Sell Signal, Spread Alert, etc. 4. Set notification method (email, SMS, app notification) 5. Click "Create" ═══════════════════════════════════════════════════════════════════════════ IMPORTANT DISCLAIMERS ⚠ This indicator is a TOOL, not a trading system ⚠ No indicator is 100% accurate - always use proper risk management ⚠ Past performance does not guarantee future results ⚠ Scalping requires quick decision-making and emotional discipline ⚠ Always backtest and paper trade before using real capital ⚠ Consider transaction costs and slippage in your strategy ⚠ This is not financial advice - trade at your own risk
Indicateur Pine Script®
par sikatori
EMA Buy/Sell & Smart Zones(5Min TF only)### **Indicator Title:** **EMA Buy/Sell & Smart Zones** --- ### **Description:** **EMA Buy/Sell & Smart Zones** is a specialized intraday trading tool designed to combine trend analysis with precise market structure zones. This script utilizes a custom tracking algorithm to identify the **specific candle** that formed the previous session's high or low, allowing it to plot accurate Supply and Demand zones for the current trading day. This indicator has been rigorously tested on the **Nifty Index** and is optimized for use on the **5-minute timeframe**. ### **Key Features** **1. Smart Session Wick Zones ("True Wick" Logic)** The indicator automatically scans every candle of the previous session to locate the exact price action that formed the day's extremes. * **Smart High Zone:** Identifies the specific candle that made yesterday's High and plots a zone from that High down to that candle's Open or Close (based on body direction). * **Smart Low Zone:** Identifies the specific candle that made yesterday's Low and plots a zone from that Low up to that candle's Open or Close. * **Close Range:** Highlights the High-Low range of the very last candle of the previous session to show the closing sentiment. *All zones automatically stop extending at the end of the current session, ensuring the chart remains clean and historically accurate.* **2. EMA Trend System** The script plots three key Exponential Moving Averages to define market direction: * **EMA 21:** Captures short-term momentum. * **EMA 63:** Defines the medium-term trend. * **EMA 1575:** Establishes the long-term baseline. **3. Buy/Sell Signals** Clear signals are generated on the chart based on specific criteria: * **BUY Signal:** Generated when a green candle closes above the EMA 21 and EMA 63. * **SELL Signal:** Generated when a red candle closes below the EMA 21 and EMA 63. * *Note: The logic includes a filter to alternate signals (Buy -> Sell -> Buy), preventing clutter during choppy markets.* ### **How to Use** * **Recommended Timeframe:** **5 Minutes**. * **Recommended Markets:** Indices (Nifty, Bank Nifty) and high-volume stocks. * **Workflow:** * Use the **Smart Zones** (Red/Green boxes) to identify potential rejection areas or breakout targets. * Use the **Buy/Sell Labels** as confirmation triggers when price is reacting near these zones or trending strongly above/below the EMAs. ### **Settings & Customization** * **Visibility Control:** Toggle each box type (High, Low, Close) and text labels on or off individually. * **Color Customization:** Fully adjustable colors for all EMAs, Zone Backgrounds, Borders, and Text Labels to suit your chart theme. * **Label Size:** Adjust the text size of the zone labels directly from the settings menu. --- **Disclaimer:** This tool is for educational purposes and should be used to assist your analysis. Always manage your risk appropriately.
Indicateur Pine Script®
par chaitu50c