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Candlestick analysis

EBP mtf+fib (Nephew_Sam_)EBP (Engulfing Bar Pattern) Multi-Timeframe Indicator This indicator identifies special engulfing bar patterns that take liquidity from previous candles, making it ideal for trading reversals and continuations. Unlike traditional engulfing patterns, this enhanced version requires the current candle to break the previous candle's extreme (high/low) before closing beyond its open. Key Features: • Multi-timeframe analysis (up to 6 timeframes) • Customizable Fibonacci retracement levels • Visual table showing active engulfing patterns • Color-coded bars for easy pattern identification • Optional timeframe labels on Fibonacci levels Trading Strategy: 1. Identify EBP patterns on higher timeframes (HTF) 2. Use Fibonacci levels from the EBP candle for potential entries on lower timeframes 3. For bullish setups: Price breaks previous low then closes above previous open 4. For bearish setups: Price breaks previous high then closes below previous open Perfect for traders looking to catch strong reversal moves or continuation patterns with clear entry points based on liquidity sweeps.
Pine Script® indicator
by nephew_sam_
4
Big Move Follow-Through Tracker🚀 What This Indicator Does Ever wondered if that sudden 5% pump in your favorite crypto will continue or just fade away? This powerful indicator automatically tracks every significant price move and tells you exactly what happened next - momentum continuation or mean reversion. 🎯 Key Features 📊 Smart Move Detection Automatically identifies "big moves" based on your custom threshold (default 3%) Uses ATR filtering to ensure moves are truly significant, not just normal volatility Works on ANY timeframe and ANY crypto pair 🔍 Follow-Through Analysis Tracks each big move for your specified number of bars (default 5) Classifies outcomes as either Follow-Through (momentum continues) or Mean Reversion (price reverses) Uses intelligent 2% thresholds to avoid noise and focus on meaningful moves 📈 Real-Time Statistics Dashboard Live statistics table showing historical performance Separate analysis for UP moves vs DOWN moves (crypto often behaves differently!) Percentage breakdowns of follow-through vs reversion rates Track total moves detected vs analyzed over time 🎨 Visual Clarity Clear arrow signals when big moves are detected Background highlighting during significant moves Customizable display options - show/hide signals and stats as needed 🛠️ How to Use Add to any crypto chart (works on BTC, ETH, altcoins, etc.) Adjust the move threshold (3% for major coins, higher for smaller caps) Set analysis timeframe (how many bars to track each move) Watch the statistics build over time to understand your asset's behavior 💡 Trading Applications For Momentum Traders: High follow-through rates? → Consider riding the momentum Trade in direction of big moves when statistics support it For Mean Reversion Traders: High reversion rates? → Look for fade opportunities Counter-trade big moves when they historically reverse For Risk Management: Understand typical behavior after significant moves Size positions based on historical follow-through probabilities 📋 Customizable Settings Big Move Threshold: Adjust sensitivity (0.5% - 10%) Analysis Period: How long to track each move (3-20 bars) Display Options: Toggle signals and statistics table Alert System: Get notified when big moves occur 🎲 What Makes This Different Unlike simple momentum indicators, this tool: ✅ Quantifies actual outcomes with real statistics ✅ Adapts to each asset's unique volatility profile ✅ Separates up and down move behavior ✅ Provides actionable probability data 📊 Perfect For Crypto day traders looking for edge identification Swing traders wanting to understand momentum vs reversion tendencies Risk managers needing probability-based position sizing Strategy developers building data-driven trading systems ⚡ Quick Setup Tips For Major Cryptos (BTC, ETH): Use 2-4% threshold For Altcoins: Use 4-8% threshold For Scalping: Use lower timeframes with 1-2% threshold For Swing Trading: Use higher timeframes with 5%+ threshold
Pine Script® indicator
by Kirubakaran_Rajendran
Impulse Profile Zones [BigBeluga] - with Alerts📌 Indicator Description This indicator highlights impulse price zones that occur when a large-bodied candle (high momentum candle) appears. Within these zones, the indicator performs the following: Calculates vertical volume distribution (Volume Profile) using lower timeframe data. Draws a histogram bar across 10 price levels within the zone to show volume concentration. Identifies the POC (Point of Control) — the price level with the highest volume. Provides automatic BUY/SELL alerts based on the direction of the impulse candle: 📈 Buy alert is triggered when a large bullish candle forms. 📉 Sell alert is triggered when a large bearish candle forms. 🚀 Future Development Potential 🧠 AI sentiment integration for enhanced signal validation 📤 Webhook alerts to external systems like Telegram or Discord 📉 BUY/SELL arrow visualization directly on the chart 🔄 Auto-drawn support/resistance levels derived from volume profile zones
Pine Script® indicator
by denidiana
SMT DivergenceSMT Divergence Indicator This powerful indicator identifies high-probability reversal points by detecting SMT (Smart Money Technique) divergences between two correlated assets. It spots subtle shifts in market momentum, revealing when one asset fails to confirm the price action of another—often signaling an impending trend change. Key Features: Inter-Market Divergence Detection: Automatically compares the price action of the main symbol with a second user-defined asset. Identifies Key Reversals: Pinpoints both bullish and bearish SMT divergences, highlighting hidden strength in downtrends and underlying weakness in uptrends. Customizable Pivot Detection: Allows fine-tuning of the pivot length to adjust sensitivity for different market conditions and timeframes. Flexible Display Modes: Choose between clean 'Lines' connecting the diverging pivots or precise 'Labels' marking the exact high/low points. Full Visual Customization: Complete control over the colors and line thickness for seamless integration with your existing chart layout. Built-in Alerts: Stay notified of every potential opportunity with alerts for both bullish and bearish signals. Settings: Core Parameters: Comparison Symbol: Select the second asset to compare against for divergence analysis (e.g., NQ1! if you are charting ES1!). Pivot Length: Defines the number of bars to the left and right required to confirm a pivot high or low. Visual Settings: Display Style: Choose to visualize divergences as 'Lines' or 'Labels'. Bearish/Bullish Color: Set custom colors for bearish and bullish divergence indicators. Line Width: Adjust the thickness of the divergence lines for optimal visibility. Perfect for traders who utilize inter-market analysis to confirm trade ideas. The SMT Divergence indicator provides a crucial edge by exposing non-confirmations between related assets, allowing for earlier and more confident entries into potential market reversals.
Pine Script® indicator
by ClayeWeight
Stephis Supply & Demand Zones v3 📉 Support Definition: Support is a price level where a downtrend can be expected to pause or reverse due to a concentration of buying interest. Why it matters: When the price of an asset falls to a support level, traders expect buyers to step in, preventing the price from falling further. Visual clue: On a chart, support often appears as a horizontal line where the price has bounced up multiple times. 📈 Demand Definition: Demand refers to the willingness and ability of buyers to purchase an asset at a given price. In trading context: High demand typically pushes prices up, while low demand can lead to price drops. Relation to support: A support level exists because of demand—buyers are willing to buy at that price, creating a floor. 🧠 How They Work Together When price approaches a support level, traders watch to see if demand increases—if it does, the price may bounce. If the support level is broken, it may signal that demand has weakened, and the price could fall further. 🔁 Opposite Concept: Resistance & Supply Resistance is the opposite of support—it's a level where selling pressure (supply) may stop a price from rising. Just like demand creates support, supply creates resistance.
Pine Script® indicator
by behreste
Пробиття фракталів з алертами (сигнал на свічці після фракталу)Indicator Name: Fractal Breakout with Alerts (Signals on Candle After Fractal) Description: This indicator identifies fractals on the price chart based on the candle bodies over a user-defined period. It detects both top (bearish) and bottom (bullish) fractals by comparing the highs and lows of candle bodies. When a fractal forms, the indicator saves its level. On the next candle after the fractal, it checks if the price closes beyond the fractal level by a configurable percentage threshold. If the price closes above a top fractal level (plus the threshold), it signals a Buy breakout; if it closes below a bottom fractal level (minus the threshold), it signals a Sell breakout. The indicator displays fractal points on the chart as red downward triangles (top fractals) and green upward triangles (bottom fractals). Breakout signals appear as labels on the candle following the fractal: green "BUY" below the bar or red "SELL" above the bar. Alerts can be set up to notify when buy or sell breakouts occur, allowing traders to react to potential trend reversals or continuations based on fractal breakouts. User Inputs: Fractal Period: Number of candles to consider for fractal formation. Breakout Threshold (%): Percentage by which the closing price must surpass the fractal level to confirm a breakout signal.
Pine Script® indicator
by TradePro1000
Candle Closer Levels and TPThis indicator plots dynamic intrabar levels (High, Low, Middle, and customizable Quarter Levels) on the current candle only, along with up to three take profit (TP) lines calculated as a percentage of the candle's range. It supports: ✅ Adjustable level multipliers (e.g., 0.23, 0.75, etc.) ✅ Full customization of line color, thickness, and length ✅ Toggleable take profit lines (TP1, TP2, TP3) ✅ Support for both long and short trade setups ✅ Clean chart output – shows lines only on the active candle Ideal for traders using breakout, scalping, or range-based strategies on fast-moving instruments like NQ, ES, or crypto.
Pine Script® indicator
by weemhoff
Aggressive Volume Indications + SupertrendVolume Precision: The aggressive volume logic is well-designed to filter for conviction-backed price movement. Using (high - low) * 0.7 as the body filter adds a nice touch to weed out noise. Customizability: The script allows for tunable inputs on both the volume and trend side, which gives flexibility across different instruments or timeframes. Trend Detection Logic: Your use of persistent variables to track supertrend and trendUp adds robustness to the trend-following element. 💡 Suggestions: Optional Signal Confirmation: You could incorporate a confirmation mechanism—like checking if price closes above or below the Supertrend line before plotting the aggressive volume markers. That might help filter out traps during ranging markets. Barcolor or Background Highlighting: For visual clarity, adding barcoloring based on aggressive buying/selling might amplify signal visibility. Entry/Exit Potential: Consider integrating a simple crossover strategy to simulate entries based on these signals—especially since you're already working on a Nifty 50 script with market psychology in mind.
Pine Script® indicator
by m_vinodrufus_stocks
Double Inside Body Candles with Box & Alert + 5-Bar LinesThis indicator identifies Double Inside Body Candle patterns, where: Candle 1 is completely inside Candle 2, Candle 2 is completely inside Candle 3 (the parent candle), Candle 3 has a real body (not a doji or negligible body size). Once the pattern is detected: A label appears below the current candle. A highlight box is drawn around Candle 3 (the parent candle) body range. Horizontal lines are drawn from the top and bottom of Candle 3’s body and extend forward for exactly 5 bars to visualize potential breakout levels. The script also detects and highlights breakouts: 🔼 Bullish breakout: if price closes above Candle 3's body high. 🔽 Bearish breakout: if price closes below Candle 3's body low. Alerts are available for: Double Inside Body pattern detection Bullish breakout Bearish breakout Traders can use this script to identify consolidation periods (double inside bars), then monitor for breakout opportunities in either direction, using the 5-bar lines as short-term breakout levels.
Pine Script® indicator
by jigneshpatel166
MergedCandles_Ver1[VNFlow]📌 Indicator Name: "Merged Candles " 🔍 Overview: This indicator displays merged higher-timeframe candles (HTF) directly on lower-timeframe charts. It helps visualize broader market structure and potential support/resistance zones. 🧠 Key Features: • Auto Timeframe Detection: Automatically selects suitable HTF based on current chart (e.g., 1D → 1W, 1W → 1M). • Custom Range Modes: Choose between: o High/Low range o Accurate range using previous close o Heikin Ashi range • Dynamic Box Visualization: Candles are drawn as colored boxes for easy interpretation: o Green for bullish, red for bearish o Real-time updating for the current candle • Customizable Colors & Borders • Supports All Markets (Stocks, Futures, Crypto, etc.) 🎯 Ideal for: Smart Money Concepts (SMC), Wyckoff, swing trading, and multi-timeframe analysis. ===== Email: hasobin@outlook.com
Pine Script® indicator
by hasobin
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.
Pine Script® indicator
by TradeTechanalysis
Пробиття фракталів з медіаною та адаптивним фільтромWe are going to describe the indicator in English. The indicator is based on the concept of fractal breakouts with volume confirmation using median and adaptive filtering. ### Indicator Description: **Indicator Name:** Fractal Breakout with Volume Median and Adaptive Filter **Overview:** This indicator identifies breakout signals based on fractals (price reversals) and confirms them with volume analysis. The breakout signals (both buy and sell) are generated when the price breaks a fractal level (high for buy, low for sell) and the current volume exceeds the median volume of previous breakouts by a certain adaptive multiplier. The adaptive multiplier adjusts for different timeframes to provide more relevant signals. **Key Features:** 1. **Fractal Detection:** - Fractals are detected using a user-defined period (default is 2). - A top fractal (bearish reversal pattern) is formed when there is a central bar with the highest high among `len` bars on both sides. - A bottom fractal (bullish reversal pattern) is formed when there is a central bar with the lowest low among `len` bars on both sides. 2. **Breakout Logic:** - A buy breakout occurs when the price closes above the last top fractal level. - A sell breakout occurs when the price closes below the last bottom fractal level. - The breakout must happen on the current bar (i.e., the breakout is new: the previous bar was not above the top fractal for buy, or below the bottom fractal for sell). 3. **Volume Confirmation:** - The indicator maintains two arrays (one for buy breakouts and one for sell breakouts) that store the volumes of previous breakout bars. - For a breakout to be confirmed, the current volume must exceed the median volume of the respective array (buy or sell) multiplied by an adaptive multiplier. - The adaptive multiplier is calculated based on the current timeframe. It is designed to be lower on higher timeframes. 4. **Adaptive Multiplier:** - The base multiplier is set by the user (default 1.2). - The actual multiplier is adjusted by the formula: `baseMultiplier * (1.0 - min(timeframe_in_hours, 1.0) * 0.5)`. This reduces the multiplier on timeframes of 1 hour and above. 5. **Signal Alternation:** - The indicator alternates between buy and sell signals. After a buy signal, only a sell signal can occur, and vice versa. 6. **Visualization:** - Fractals are marked with triangles (red downward for top, green upward for bottom). - Breakout signals are marked with labels (green "BUY" below the bar, red "SELL" above the bar). 7. **Alerts:** - Alert conditions are set for both buy and sell breakouts. **Input Parameters:** - `Period Fractal (len)`: The number of bars used to detect fractals (default: 2). - `Number of Breakouts for Median (volLookback)`: The number of previous breakouts to consider for median volume calculation (default: 10). - `Base Volume Multiplier (baseMultiplier)`: The base volume multiplier (default: 1.2). This is adjusted for higher timeframes. **How It Works:** 1. **On each bar:** - Check for the formation of new top or bottom fractals. - Update the last top and bottom fractal levels if new fractals are found. 2. **Breakout Conditions:** - For a buy breakout: - The previous bar was not above the last top fractal level (i.e., no breakout in progress). - The current bar closes above the last top fractal level. - The current volume is greater than the median volume of previous buy breakouts multiplied by the adaptive multiplier (or if there are no previous buy breakouts, the volume condition is skipped). - Similarly for sell breakout. 3. **Update Arrays:** - When a breakout occurs, the current volume is added to the respective array (buyVolumes for buy, sellVolumes for sell) and the array is trimmed to the specified lookback period. 4. **Signal Generation:** - A buy signal is plotted as a green "BUY" label below the bar. - A sell signal is plotted as a red "SELL" label above the bar. 5. **Alerts:** - Alerts are triggered when a breakout signal occurs. **Additional Notes:** - The median is calculated as the middle value of the sorted array (or the average of the two middle values for even-sized arrays). - The adaptive multiplier ensures that on higher timeframes (like 1 hour and above) the volume requirement is less strict because volume patterns differ. **Potential Use:** Traders can use this indicator to identify potential trend continuations or reversals with volume confirmation. The adaptive volume filter makes it suitable for multiple timeframes.
Pine Script® indicator
by TradePro1000
MMS Buy StrategyMonthly and Weekly filters check proximity to upper Bollinger Band or positive lower BB momentum. Daily section: Confirms a challenge to the lower Bollinger Band. Then looks for either: Bullish Engulfing, Bullish Piercing candle closing above 50%, Morning Star reversal pattern. Daily momentum enforced via RSI > 40. EMA 50 condition captures support/fake breakdown or close proximity (within 1%). Stochastic ensures a positive crossover from a likely oversold zone.
Pine Script® indicator
by ASTASHARE