Ever wonder how candles would look on a chart if they were tracked by calendar day instead of market days?
📅Custom start date for candle formation
🌈Up / Down Colors
📋Displays candle data with invisible plots
Use Move to Existing Pane to Overlay on chart.
Can only display a max of 500 candles!
Allows chart levels to be plotted automatically, simply add tool to chart and the interactive mode will prompt for candle selection, timeframe anchor and some label choices such as displaying time, price or disabling labels altogether.
Also a note can be supplied that will be shown in the labels if they're displayed, if not it'll be up in the...
As the period value is longer than 14, the RSI value sticks to the value of 50 and becomes useless.
Also, when the period value is less than 14, it moves excessively, so it is difficult for us to see the movement of the RSI .
So, using the period value and the RSI value as variables, I tried to make it easier to identify the RSI value through a new...
Updated - Version 2
This tool is used to calculate the size of a trade.
Settings - Type in total account size and % of capital that can be risked on each trade.
The table will display:
Column 1 - Stop placement based on low, mid or high value of the current candle.
Column 2 - Percent risk on the trade.
Column 3 - Amount of shares that can be traded...
// I have written a Pine Script to re-paint large candles in a different Color.
// You can set the value that you want to use to define what is 'Large', and the script will re-paint any candle whose size is equal to or greater than your value.
// The number can be an integer (8) or a decimal (7.5).
// You can enable the size measurement to be done in one of two...
Auto Levels is a Work in progress.
It is based on the previous days ATR and the current days opening tick.
It takes that info and uses Fibonacci to automatically draw key levels for the day.
I have added the BULL BAR ( Green bar ) and Bear Bar ( Red Bar ) to signal as a Go Long / Go Short line in the sand.
The Tan bars are also proven key "Take Profit" levels....
Supply and Demand - Order Block - Energy Candles
An experimental script, designed as a visual aid, to highlight the last up or down candle before a fractal break. We can assume these candles where the point of origin that generated enough strength to break recent structure. By using them as reference points, traders are expected to follow their...
Candlestick Channels return channels whose extremities converge towards the price when a corresponding candlestick pattern is detected. This allows for us to obtain more reactive extremities in the presence of a cluster of candlestick patterns.
The detected candlestick patterns are also highlighted with labels on your chart automatically.
I am happy to present this script with a nice idea!
You can now customize a watchlist with your preferred time frame and any symbol from any market.
The main purpose is to be aware of any moves and watch a brief overview of the chart.
- 8 customizable symbols with the option to show/hide anyone
- Multi time frame support
- 3 Types of charts...
This script can show (upto) 3 candles of another time frames without changing chart time frame realtime . You can choose the time frame and number of candles in the options. You have option to change body and wick colors as well.
in this example number of candles is 2:
You can set body and wick colors:
In this example, weekly candles are...
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
This script is for custom candles based on an HMA calculation with a default period of 10 as well as an SMA of the close price, defaulted to 1 period to only show the current price. The purpose of the custom candles is to try and reduce noise from candles and help identify trends. These custom candles somewhat resemble Heikin-Ashi candles in their...
Patterns makes parts of the many predictive tools available to technical analysts, the most simples ones can be easily detected by using scripts. The proposed tool detect the simple (vanilla) form of the ABCD pattern, a pattern aiming to detect potential price swings. The script can use an additional confirmation condition that aim to filter potential false...
A simple but effective indicator that paints candles with different shades of colors based on the volume transacted.
-> Supports 6 levels of sensitivity at present. Might enhance the granularity later.
-> Darkest indicates the most volume transacted. Lightest, the least. Change it around however you see fit and based on your theme.
-> Use it for your Volume...
This indicator allows you to quickly view the true % change per candlestick (prev close > current close), but it also has 3 other customizable values for you to set your own % change conditions (such as open > high). Feel free to edit the script to suit your own needs as well.
Heikin ashi chart so powerful that you can understand trend direction easily. But sometimes, this type of chart doesn't update properly and make no sense on real time. So I made this script. You can now change candle stick style default to heikin ashi (default / modified version) on the real time default chart without switching heikin ashi chart. Enjoy traders!!!...