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Candlestick Analysis

Katana Gaps Bounty Hunter Pro (Show Gaps of All Types) by RRBKatana Gaps Bounty Hunter Pro (KGB Hunter Pro, Gap Exterminator) by RagingRocketBull 2018 Version 1.0 This indicator shows/counts/filters gaps on a chart. There are several versions: Simple, Pro, Advanced and Zones. This is the Pro version. The Differences are listed below. - Simple: shows/counts gaps, changes color based on gap dir (2 colors), filters out price gaps within session, large gaps, and high volume gaps - Pro: +shows all types of gaps, multi color, pro filters (full/partial/overlapping time, price, large, candle, volume, doji, weekend gaps within delta ranges) - Advanced: +session times mask, show/count gaps only for last N bars, +min/max/filled gaps stats, dark mode - Zones: +shows gaps as dynamic horiz zones KGB Hunter Pro Gap Exterminator focuses on showing you all possible types of gaps in multiple colors. Gap theory states that price tends to return and fill the gaps, so you can use it to collect the bounty. You can apply any combination of complex filters to narrow down search results i.e., find only all: - type 3 gaps up with allowed wick-candle overlapping of up to 10% and - gap size larger than 200 and - with at least one of the candles larger than 100 and - volume change at least 40 and - spanning less than 2 bar periods and - excluding weekend gaps Features: - highlights gaps using barcolor and plotchar chars (8 colors x 2 dirs) - supports all 3 types of gap overlapping: full gap (no overlapping), wick-wick and wick-body overlapping up to a specified % of candle body - finds all types of gaps with pro filters for price, time, large, volume, timerange, candle size, doji gaps - individual show/hide flags for each gap/char based on gap type - can show/hide gaps/chars based on gap dir - changes color of gaps/chars based on gap dir/type, multi color gap type combos - displays chars above/below bar based on gap dir - can show/hide weekend gaps - counts all filtered gaps Colors: Basically There are 2 gap types (Price, Time) x 2 directions (Up, Down) x 2 modifiers (Large, Volume), Volume Gap is a separate class with its own modifiers, so more accurately: - (Price, Time) x 2 directions (Up, Down) x Large modifier - (Price Volume, Time Volume) x 2 directions (Up, Down) x Large modifier using a total of 16+1 colors or 8+1 base colors + transparency modifier depending on settings you can highlight gaps using any multi color combo from just 1 to all 16 colors (+1 gray color for weekends). basic gap = 1 base color with normal transparency price,time = 2 base colors (including basic gap) with normal transparency (+1 color) * up,down dir = +2 new base colors with normal transparency (including 2 base colors), with a total of 2*2 = 4 price/time base colors (+2 colors) * large = same 4 base colors with vivid transparency modifier (+4 colors) * volume = +2 new base colors with normal transparency, a separate class (+2 colors) * volume * up,down dir = +another 2 new base colors with normal transparency (including 2 volume base colors), with a total of 2*2 = 4 volume base colors (+2 colors) * volume * large = 4 volume base colors with vivid transparency modifier (+4 colors) weekend_gap = gray (+1 color) doji gap, candle gap, timerange gap = no special color, inherits color from parent gap type for more details, please see the Gap Color Hierarchy comments in code _________________________________________________________________________ You can find the following gap related terminology in literature: full, partial, extreme, breakaway, runaway/continuation, common, exhaustion gaps. There are no exact rules to distinguish between them, so this can't be implemented. When defining a gap it all boils down to how do you plot a gap, which points between adjacent candles do you consider a gap. Different sources apply different methodology but in practice only 3 types of gap overlapping can exist: - full gap (no overlapping), - partial (wick-wick overlapping) and - extreme partial (wick-body overlapping up to a specified % of a candle body) All these types are supported in this script. The only possible remaining option is candle-candle overlapping which is not a gap by definition. Many other script specific subtypes are also supported. Please see description of each gap type below and comments in code. General display modes - gap has 3 possible overlapping modes: full gap (no overlapping), wick-wick overlapping, wick-candle overlapping up to a specified % of candle body size (for mode 3 only) the remaining candle-candle overlapping implies not a gap by definition full gap mode will find the least amount of gaps, wick-candle - the most - gap can be either price or time, up or down, and shown above or below the candles (gap chars) - by definition, a price gap is a smaller subset of a time gap, a gap within current session with a price gap and zero time lag between bars. Therefore timerange filter is useless for price gaps, but can still be applied. On the other hand, all price gap filters can be applied to time gaps without any distinction. - gap can have multiple modifier subtypes: (price|time) * (up|down) * (large? + volume? + doji? + timerange? + weekend?) i.e. price + large + volume + doji or time + large + volume + timerange + doji + weekend - the gap is always counted only once no matter how many subtype modifiers it has - if the gap does not satisfy any of the applied flags/filters it is not shown/counted (no gap bars/chars are shown) - gap color can depend on a combo of gap type/dir and modifier subtypes or can be shown in a single base color - char color can only depend on gap dir (not type/modifiers) or can be shown in a single base color - char position can also depend on gap dir (above/below) the gap candle. Alternatively you can pin chars to the top/bottom of the screen in UI Styles. - change_by_type = true - uses gap type base colors (2 colors + optional modifiers, up to 8 colors if volume and/or large filters are enabled) - change_by_dir = true - uses gap dir base colors (2 colors + optional modifiers, up to 8 colors if volume and/or large filters are enabled) - both change_by_type and change_by_dir = true - uses both gap type and dir base colors (4 colors + optional modifiers, up to 16 colors if volume and/or large filters are enabled) - both change_by_type and change_by_dir = false - uses a single base gap color (1 color) - don't need that much colors - disable filters - highlight bars has priority over individual gap flags, when it is false all gaps are hidden regardless of their corresponding flag settings (does not affect dim weekend gaps) - show chars has priority over individual gap char flags, when it is false all char flags are hidden regardless of their corresponding flag settings - price gaps are only shown/counted when show_price_gaps flag is true. The large or volume filters can be used to narrow down results further. - time gaps are only shown/counted when show_time_gaps flag is true. The large, volume, and timerange filters can be used to narrow down results further. - doji gaps are only shown/counted when show_doji_gaps flag is true. The doji candle size and other filters can be used to narrow down results further. - show weekend gaps = true and dim weekend gaps = false - shows/counts weekend gaps - show weekend gaps = true and dim weekend gaps = true - dims weekend gaps, doesn't show/count weekwend gaps - show/dim weekend gaps do just that - show the gap if it happens on a weekend, not all weekends - large gaps are only shown/counted when the large filter is enabled != 0. positive values 5 (>= 5), negative -5 (<=5) are used to switch between <> - volume gaps are only shown/counted when the volume filter is enabled != 0. positive values 5 (>= 5), negative -5 (<=5) are used to switch between <> - timerange gaps are only shown/counted when the timerange filter is enabled != 0. positive values 5 (>= 5), negative -5 (<=5) are used to switch between <> - candle size gaps are only shown/counted when the candle size filter is enabled != 0. positive values 5 (>= 5), negative -5 (<=5) are used to switch between <> - candle size filter is the only filter with 2 arguments, use_and_for_delta to enable AND condition for the args (OR is the default) Good Luck! Feel free to explore and learn from the code
Pine Script® indicator
by RagingRocketBull
9
HHHC LLLCBased on @JasonGraystone price action tips This script will identify candles that close with a "Higher High and Higher Close" and "Lower Low Lower Close" than previous candle, making super easy to identify price action momentum. I added to this fantastic price action concept a simple filter to follow the trend, by default it compares price to a 50 SMA. If above the SMA it shows only up signals, if below it shows only down signals. SMA can be changed to any lenght and if you want to get all the HHHC / LLLC just set the SMA to 1 //Thinking I may add some alert capability in the future just to practice a little more using Pine Editor but it is useful as it is.
Pine Script® indicator
by EIGHTHdecimal
Katana Gaps Bounty Hunter (Show Gaps Counter) by RRBKatana Gaps Bounty Hunter (KGB_Hunter) by RagingRocketBull 2018 Version 1.0 This indicator shows/counts/filters gaps on a chart There are several versions: Simple, Pro and Zones. This is the Simple version. The Differences are listed below. - Simple: shows/counts gaps, changes color based on gap dir (2 colors), filters out price gaps within session, large gaps, and high volume gaps - Pro: +shows all types of gaps, multi color, more filters (time gaps, doji, etc) - Zones: +shows gaps as dynamic horiz zones Features: - highlights gaps using barcolor and plotchar chars (2 colors x 2 dirs) - can show/hide gaps/chars based on gap dir - changes color of gaps/chars based on gap dir - displays chars above/below bar based on gap dir - can filter out price gaps, large gaps, and high volume gaps - counts all filtered gaps Good Luck! Feel free to reuse the code and make it your own
Pine Script® indicator
by RagingRocketBull
5
breakout and swingA Price Action system that use swing point and breakout above the black line (breakout) is long, below short swing/support/resistance points (blue circles) are displayed after a top or botton, breaking it means an inversion red circles try to guest a target after a top/bottom or after a swing break. the main trend is made by the black line that is set on Day period suitable for 1h to 15m time frame , for small TF you can set a smaller period from setting command By default a set a 40 period channel high/low (the highest and lowest 40 bar back) that is ok for 1 h or smaller tf , but look to long for daily tf, adjust it yourself
Pine Script® indicator
by MarcoValente
7
Candle Range CompareThis one compares the total candle height (Low to High), body size, also top and bottom wick sizes. I really don't know when it would be best to use this, but it gives a 0 baseline to compare candles side-by-side also to compare body size to wick size. *Notes* - The tallest of course is high minus low - whether or not the close is above the open, the body size is the column in front of the total size of course - wicks are from 0 up for the top wick and 0 down for the bottom wick.
Pine Script® indicator
by oldinvestor
4
Real Price for Heikin Ashi ChartsThe indicator is in the top left of the screen! That's all there is, by design. This is a super simple indicator that allows you to see what the real price of a candle was when using Heikin Ashi charts, while not cluttering up your screen. HA charts are a great way to help those who can be spooked by the chaos of the markets (I'm one!), but they have a big drawback in that the price you see on a HA candle is often significantly different from the real price that you would trade on. This brings issues of unrealistic expectations of profits/losses, and also makes back testing a strategy very difficult. I still wouldn't recommend ever using TradingView's "strategy" tool when using HA charts, but using this indicator you can do accurate manual back tests. There's nothing plotted on the screen given that there's no real point in it, but you can make the lines appear if you wish - just go into settings and change the transparency. The order of the numbers on the indicator match the OHLC (Open, High, Low, Close) format. There's also settings to turn off one or more of the OHLC values, simply open the settings and go to Inputs. This could be useful for some people, as the High and Low values of HA candles are the same as regular candles. Only the Open and Close are different. Any queries let me know. DreamsDefined
Pine Script® indicator
by DreamsDefined
20