This is a very advanced indicator that detects most commonly used candlestick patterns. Please read this document carefully to understand how it works. It is tailored to identify patterns that only have a great possibility of signaling a price movement. In other words, it can and will ignore some patterns, even though they satisfy the recognition conditions...
The indicator discovers profitable patterns by associating Price Season of multiple time frames. Full Name: 9 Seasons Rainbow - Multiple Time Frames Associated Price Wave Pattern Indicator This is redefined from “9 Seasons Rainbow Indicator DEMO”, with clearer definition of 9 Seasons and user manual. Version: DEMO Language: English Copyright: 2019 ---------- How...
This indicator was built for a client. PM me for code access. The signal comes from the "RailRoad" candlestick pattern breaking a support/resistance level, which typically indicates price will respect that level.
I believe the most of users know the Double Top Pattern, so I omit the introduction. The algorithm uses 10 internal watchers to identify the incomplete M-pattern. If any of the watchers finds the pattern, the signal will be plotted on the chart. You can customize the lookback periods for the watchers as well as you can specify the precision of the difference...
I think everybody knows the Double Bottom Pattern, so I omit the introduction. The algorithm uses 8 internal watchers to identify the incomplete W-pattern. If any of the watchers finds the pattern, the signal will be plotted on the chart. You can customize the lookback periods for the watchers as well as you can specify the precision of the difference between two...
Having good pattern recognition? Use this indicator to test and practice it. Market is full of life, with seasons. 9 Seasons Rainbow Indicator displays 9 seasons of any trading instrument in multiple time frames, helping traders and investors understand the flow of price. The combination of seasons in different time dimensions may give perfect trading signals,...
Candlestick patterns identified with win percentage.
spike reversal indicator is an innovation of lirshah programming team, this indicator is combination of several indicators with candle sticks patterns. good accuracy on reverse points and ease of interpretation are strong points of this indicator. calculation of this indicator is based on opening price of each bar which means the value of indicator is constant on...
triangle pattern created for our subscribers for better indication of chart patterns. i hope enjoy that.
This is a pretty simple indicator that automatically draws Support and Resistance lines.
uses reversal candles to determine accumulation and distribution candles remembers the last reversal candle and draws a support or resistance line at the reversal level does a barcolor if the price breaks support/resistance similar to the hoffman a/d breakout indicator but there is no trend detection components
High Priority = Gold Diamonds Medium Priority = Silver Circles Leading Priority = Fuchsia Crosses
Hey! This time I took the pattern recognizer from a previous script I worked. It overlays the Arrows on the chart. Legend: #Maroon colour: Strong bearish signal #Red colour: Bearish signal #Dark Green colour: Strong bullish signal #Lime: Bullish signal NOTE: Also, you can untick the patterns you don't find useful, but I kept every pattern to get a complete...
Version 2 of my fractal pattern aid ( Version 1 ). I added a bouncing line between the high and low trend lines, connecting consecutive extreme points. I also chased down a pesky bug in the slope calculation...and for now I have disabled the ability to change resolution basis for extreme detection (e.g. 30m on a 1hr chart). For fun, I added some shading to make...
Displays "spike days" by colouring the bars (Default: yellow for a Spike High and blue for a Spike Low) Spike Day's definition taken from Jack D Schwager's Book: A Complete Guide to the Futures Market: Technical Analysis, Trading Systems, Fundamental Analysis, Options, Spreads, and Trading Principles A spike is: A wide difference between the spike high and...
This indicator is a interpretation of the Red Dog Reversal Pattern which was discovered by T3Live founder Scott Redler. (AFAIK) The indicator is maybe useful for Day Trade or Swing Trade. BUY Criteria: 1. Stock is down for multiple days 2. Stock goes below prior day's low 3. Stock trades back up through prior day's low, which triggers the buy 4. The stop is set...