This is a basic strategy that will buy after a hammer is printed, and sell when a predetermined risk or reward price is hit. You can change the risk and reward values in the settings. Risk and reward values are in increments of $0.01. Default values are 75 ($0.75) and 200 ($2.00). If the strategy is producing losses, try adding a zero to the end of the risk value...
RSI Ribbon + Candle
By Ricardo Santos and JR
In this chart rendering we are combining RSI and Moving Averages. For an added features we included colors to the candles and ribbons. Lime and green displays a strong bullish trend, yellow is caution or no trade, red and maroon are bearish trends. You can also find divergences using the ribbon.
B3 Buyer-Seller Breakouts = If a bar is showing that it is moving in a direction with highs lows and close, all of which are >respectively< moving against the open from the bar before, then it prints indicating buyers or sellers bringing momentum. The arrows and cloud carry into the next bar to give lots of awareness of the micro-term momentum. The cloud...
Adds aesthetic ability to charts by allowing the trader to change the color of the bars, background, and plots using HEX colors, rather than TradingView's limited color selector box. This makes for easy application of color palettes to charts. The color palettes can be saved as indicators and applied quickly, as desired.
There are different and better way's to see price data, a candlestick chart is one of the best way to see the price since you have access to the open/high/low/close information, this is really efficient and can allow for naked non parametric trading strategies (candlesticks patterns). But what about making candles out of indicators ? There are tons...
Is Price Action Higher or Lower on STRONG or WEAK VOLUME from lookback
(Strong or Weak Bulls // Strong or Weak Bears)
Candles / Bars Indicate the Following (default 13 period lookback / Length)
MAROON Bear Candle with STRONG VOLUME more than 150% of the lookback / length (13 default), STRONG Bear Candle Confirmed With Volume
RED Bear Candle while VOLUME is...
This tool is simple yet very effective. It creates new candles on the chart based on the MACD.
Candles are green when MACD is increasing and red when it is decreasing. All lengths can be adjusted in the input menu and there is an option to plot the signal line.
The rules for using it are pretty simple:
1.Buy on Green
2.Sell on red
An indicator that visualizes the evolution of a daily candle, inspired by a thread on forexfactory: www.forexfactory.com
Applied on a timeframe lower than D (actually lower than H4), it visualizes the evolution of the day's high and low, as well as mid and 25% and 75% lines.
The sole input parameters are the hour at which a day is...
//Candle Patterns Ranked by Performance THOMAS N. BULKOWSKI
//1. Bearish Three Line Strike +Up 67.38%
//2. Bullish Three Line Strike -Down 65.23%
//3. Bearish Three Black Crows -Down 59.83%
//4. Bearish Evening Star -Down 55.85%
//5. Bullish Upside Tasuki Gap +Up 54.44%
//6. Bullish Inverted Hammer -Down 51.73%
//7. Bullish Matching Low -Down 50.00%
I was getting sick of the useless VWAP indicator on Trading View and wrote something that is more comprehensive and quite interesting, in fact: candles for VWAP.
It uses the original open/high/low/close and combines them as you would the original hlc3 calculation, but separately, to draw the candles as a shadow of the current price.
There are a few parameters to...
// Author : Jacques CRETINON
// Last Version : V1.0 11-22-2016
// Risk disclaimer : Do not use this script in production environment. We assume no liability or responsibility for any damage to you, your computer, or your other property, due to the use of this script.
// Purpose of this script :
// 1- use same pine code for strategy or study script (with...