OPEN-SOURCE SCRIPT
Updated 3 Line Strike [TTF]

This indicator is a spin-off of the popular TMA Overlay indicator made by request of the original author that narrows down the scope to simply identifying a couple of key candlestick patterns - Engulfing candles and 3 Line Strikes.
In addition to being a far more tailored and purpose-specific indicator, we have also update the indicator code to the latest version of Pinescript and added some enhanced alerts.
In addition to being a far more tailored and purpose-specific indicator, we have also update the indicator code to the latest version of Pinescript and added some enhanced alerts.
Release Notes
Updating alerts to only trigger on bar close (disabling repainting) as a hot-fix for some unexpected alert behavior. As this is intended to be a scalping indicator (1-5m timeframe), we will continue to look for a way to have an "early-warning" alert as well.Release Notes
Did a pretty hefty overhaul and refactoring of this indicator as a result of the reported issues with alerts. These should all now be fixed in this update.As always, constructive feedback is welcome and encouraged, and thanks to those who reported these issues and for being patient as we worked to get them corrected!
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Everything you need to know about day trading from A to Z
And the most incredible day trading community to help support you along the way
And the most incredible day trading community to help support you along the way
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Everything you need to know about day trading from A to Z
And the most incredible day trading community to help support you along the way
And the most incredible day trading community to help support you along the way
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.