Candle Color Generator:
This indicator is designed to highlight the candle colors based on the combinations of Parabolic SAR (PSAR) and 2 Hull Moving Averages (HMA).
Yellow, Red, and Green colors are used to describe the candle colors depends on its position to PSAR and 2 HMAs.
PSAR position above or below candle position is differentiated...
This script was cannibalized by another member on here (Kudos given in Script). I trimmed down the script and created this to give a visual representation of the changing slope on exponential moving averages.
//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%
Example how to color the trigger bar of the condition and n-1 prior bars using only 1 barcolor() function.
Currently when offsets are used in barcolor(), bgcolor(), plot(), plotarrow(), plotchar(), or plotshape(), the offset only works with a simple (static) integer. If series (dynamic) integers are used instead, there is not an error, but the series values are...
Hope you're all doing well 😘
Today I feel gracious and decided to give to the community. And giving not only an indicator but also a trading method
This trading method shows how a convergence based on moving averages is tremendous
Multicolour Bollinger Bands indicator that indicates market phases.
It plots on the price chart, thanks to different...
This is a script for a view I wanted to go along with the Autoview plugin I bought. Keep in mind this is my first script and was created for me to learn the Pinescript framework. This isn't meant to be perfect. Indicator colors are usually blue or green or red. Also keep in mind since this is my first script in a new framework, the more stuff I build the better...
This script is about rainbow color gradient, there are 35 colors from red to purple. The color changes with the time series, from light to dark, and then to light, repeat. Maybe it's visually beautiful. Compared to practicality, I prefer to use it as a color gradient reference. for the later...
This script plots 10 exponential moving averages and marks the areas between them.
The lengths are Fibonacci numbers starting from 5 and ending with 377.
The colors indicate the length of the moving average, green for the shortest and purple for the longest.
The zones between consecutive EMA's (e.g. 5 and 8 ema ) are market according to the color of the greater...
Colours for candles/bars determined by
- standard deviation of price, and also
- additional inputs to determine if the candle/bar is significant:-
1) volume more than half the average volume, or
2) net movement (up, down) same as previous candle/bar
Developed for black background, but you can adjust the colours to your liking. Best used...
This is a very simple script... it does not necessarily create signals. It only provides useful feedback via statistics & probability.
There will be a green background if there are two green bars in a row, and it will stay green until two red bars show up (in which it switches color to red until two green bars show up again).
The fuchsia arrows show the double...