What this Indicator Does
This indicator is a very simple tool created specifically for experienced Straters. It was created for those Straters who fully understand the 1-2-3 Strat Scenarios, are in need of an easy to use tool, and do not want or need a lot of messy markings on their chart.
The indicator simply allows the user to color code the Strat 1, 2 ,3...
The "ATR Pivots" script is a technical analysis tool designed to help traders identify key levels of support and resistance on a chart. The indicator uses various metrics such as the Average True Range (ATR), Daily True Range ( DTR ), Daily True Range Percentage (DTR%), Average Daily Range (ADR), Previous Day High ( PDH ), and Previous Day Low ( PDL ) to provide a...
There are many popular candlestick patterns that traders look for, including the inside, the doji, and the bullish and bearish engulfing patterns. Each of these patterns has its own interpretation and suggests a different potential price movement.
In this indicator i merged a few genius indicators into a single one that is usefull for SMC traders.
Right now there are the following included:
- NiGapo Notes/Reminder
- Inside Bar
- No Gaps Candles
- AG FX Watermark
This script automatically draws rectangles around bars inside IB pattern.
Note :: because Pinescript does not allow changes to already drawn charts on historical bars, checkbox "show only last box" doesn't work for arrows
PopGun Bar Pattern Strategy
The indicator does the following:
It detects the Outside Bar, the smaller inside Bar and the 3rd Pop Gun that is bigger, than the inside Bar.
When the Pop Gun was detected, the indicator will calculate 3 targets for long and short trades.
In our understanding, a Pop Gun is neutral. The next candles after the Pop Gun will...
This indicator finds candlesticks which are confined within the range of a previous candlestick. This indicates volatility contraction which often leads to volatility expansion, i.e. large price movements.
While every confined range will contain at least 1 inside bar, this indicator differs from the Inside Bar Finder which only finds consecutive inside...
- This script plots Inside Bar for given day in selected time-frame (applicable only for Timeframes < Day)
- Basis plotted inside bar, relevant targets are marked on the chart
- Targets can be customised from script settings. Example, if range of mother candle is 10 points, then T1 is 10 * x above/below mother candle and T2 is 10 * y above/below...
This long only strategy determines when there is both a NR7 (narrow range 7, a trading day in which the range is narrower than any of the previous six days), plus a inside day (high of the current day is lower than the high of the previous day and the low of the current day is higher than the low of the previous day) both on the same trading day and enters a long...
Inside Bar + False-Breakout = Fakey pattern
A Fakey pattern can have a pin bar as the false-break bar or not. Fakey’s are a very important and potent price action trading strategy because they can help us identify stop-hunting and provide us with a very good clue as to what price might do next.
This indicator plots MAs and paints Triggered Alert Arrows base on Flying Buddha candle patterns.
The “Flying Buddha” Pattern is defined as:
A candlestick chart with two moving averages: the 5 period exponential moving average (fast EMA) and the 10 period simple moving average (slow SMA),...
Simple indicator, to show outside bars and inside bars
inside sellbar = "I" in red color
inside buybar = "I" in green color
Outside sellbar = "O" in red color
Outside buybar = "O" in green color
Indicador simples, para mostrar outside bars e inside bars
inside sellbar = "I" na cor vermelha
inside buybar =...
Inside bars occur when the range of a candlestick falls entirely within the previous candlestick's range. This indicates volatility contraction which often leads to volatility expansion, i.e. large price movements.
This indicator includes options such as:
- The number of consecutive inside bars required to trigger the indicator
- Signal lines to indicate the high...
Indicator Script for identifying Narrow Range 4 / 7 + Inside Bar
It also helps to check whether NR4 / NR7 breakout trading has been profitable or not in the past in a particular instrument.
It has helped me to select profitable scripts and avoid losing ones. Can be used for anytime frame.
NR4 == Narrowest range of 4 periods + signal day is an inside...
I didn't find a study for Inside bar as I wanted. Therefore I wrote a one with PineV4. This may help you to see inside bars.
It can recalculate and works with either (opens-closes) or (highs-lows)