This script identifies chart patterns: wedges, flags, triangles on the chart It has many settings. You can choose by which extremums you want to identify patterns - by the edges of wicks (tails, shadows), or by the edges of candle bodies . You can also adjust the accuracy - how smooth and accurate the shapes must be in order for them to be considered wedges...
This script attempts to find consolidations or retracements within the context of a previous uptrend - basically looking for flag type patterns. It first measures an initial move (referred to as the flag pole in this script) and then looks for consolidation after that move within a certain range. If the consolidation is within the rage, it plots a dot under the...
Wishing all Indians a Happy Independence Day . With this script, you can plot the Indian Flag on your chart. You can place the Flag on any corner, resize it and also add a text under it. Feel free to use. Jai Hind!
Flag to indicate a good time to consider taking profit if you are in a long position. The indicator will show a green diamond in an uptrend where the price is overbought and could pull back. Conditions for flag: Price above 20MA 20MA above 50MA 50MA above 200MA RSI > 70 Close price is far from 20MA (about to pull back and overbought) All inputs configurable in...
Example how to limit the number of round trips per day. If entry condition is never met logic will force a round trip at end of day. Set chart to a timeframe that is lower than 1 Day period. NOTICE: This is an example script and not meant to be used as an actual strategy. By using this script or any portion thereof, you acknowledge that you have read and...
Introduction A pun between the word flag and the adjective flagging (less dynamic) , this indicator have two bands who react faster when in contact to the price. Imagine you are under sheets, if you abruptly rise, the sheets will instantaneously go up, then if you abruptly get down, the sheets will fall slowly until being in contact with a surface, this is...
This indicator is a flag mast detector. Works with cryptocurrencies, Forex and stocks. Marks with "M" the possible mast. Inputs: CandlesToAnalyze: Quantity of Candles to Analize. MinMastCandles: Minimum quantity of green candles of the mast. MinPercentageMast: minimum percentage of mast gain.