This is an updated and final version of this indicator. This version distinguishes between the true Harami and the other Doji candlestick patterns as used with the Heikin Ashi candle charts. These candle patterns indicate a potential trend reversal or pullback. The patterns identified are: - Bearish Harami (Red Highlight above Bar): One to three...
This requested release includes an Alert condition, so an alarm can be created on selected Price Action bars. Also this version modifies the Doji calculation to be similar to an Harami, so now the description of the Doji's are: - Bearish Doji (aka Bearish Harami) (Fuchsia Highlight above Bar): A large body Bull (green) candle followed by a small or no body...
You can create an alert based on this signal :) Works on standard and Heikin-ashi candles You can also adjust the sensitivity (how big you want the body of the doji) :)
I've been trying to put a stop loss in the High or Low of the last second bar after I open a position but in this example the only way to close it, is with the opposite action. Does anyone know how to put a stop loss and order with just stop loss and close when there is a bullish or bearish engulfing bar?
Indicator that changes the bar's color to green if there is a Bullish Engulfing or Red if there a Bearish Engulfing Patterns.
Indicator that changes the bar's color to green if there is a Bullish Engulfing or Red if there a Bearish Engulfing Patterns.
Reversal candles are a very easy way to identify a turn in trend, this indicator has some specific additional conditions for the reversal candle. BUY Signal reversal candle Low of current candle exceeds low of previous candle Low of current candle is lowest for last 7 candles High of current candle exceeds high of previous candle Close of current candle is...
Qstick indicator as described by Tushar S. Chande and Stanley Kroll in the New Technical trader. The indicator shows the range between open and close for the specified period of time boosted by the presence of exponential moving average. Qstick is best to discover divergence and find local tops and bottoms. Mercurius.a.m@gmail.com
This is a general purpose very flexible program to test the effectiveness of HA bars. Please note that if you are charting at tradingview using Heikin-Ashi charting, your system will be trading fictitious prices even if you check the "use real prices" box. Thought you might like to know that before you lose all your money. This program performs the HA calcs...
Version 1.1 is here! This is an indicator for the Big Shadow (engulfing candle) that Walter Peters teaches in his course (fxjake.com) and book "Naked Forex". I have really been diving into this one and back testing it like crazy. The results have been great and I will be publishing them on the nakedforexnow.com forum soon since it probably isn't appropriate to do...
This script simply takes a user-defined bar height number (variable barHeight) to find large candles. Automatically colors large bullish and bearish candles green or red, respectively. The barHeight can be modified to fit your needs. Use this in a variety of ways: - Confirm breakouts of support / resistance - Identify new trends
The script highlights "Fuller's pins" and generates alerts when these bars are appearing
Script to identify candlesticks with less than 50% body of total high low candlestick. Places a dot inside the candle. Make sure indicator is moved in the top of Objects Tree so the dot will not be hidden behind the candlebar.
This script sows you candlestick patterns in real-time. At that moment script knows Bearish/Bullish Engulf and Doji Points. You can recommend me which pattens you want to see in next version at comment section below