Candlecoloring — Indicators and Strategies

Mark specific candle (e.g. bar 20)This Pine Script indicator, "Mark specific candle (e.g. bar 20)" (short title "Mark candle"), is a simple yet powerful tool to visually highlight a particular candle on your chart. What it does: It marks a specific candle (e.g., the 20th, 10th, or any number you choose) counting backwards from the most recent candle on your chart. The marked candle will be colored in a subtle light grey and also feature a tiny, matching grey arrow pointing down from above it. Why it's useful: This indicator helps you quickly identify and track a consistent reference point in recent price action. It's great for strategies that depend on fixed look-back periods or for simply keeping an eye on a specific historical candle's position as new data comes in. Key Features: Adjustable Candle Number: Easily change which candle is marked (e.g., 20th, 10th, 5th) directly from the indicator settings using the "Candle Number to Mark (from end)" input. Clear Visuals: Both the candle color and a small arrow provide a subtle, yet effective, visual cue. How to use: Simply add this script to your TradingView chart. Then, open the indicator's settings to set your desired candle number.

Trend Strength | Flux Charts 💎 GENERAL OVERVIEW Introducing the new Trend Strength indicator! Latest trends and their strengths play an important role for traders. This indicator aims to make trend and strength detection much easier by coloring candlesticks based on the current strength of trend. More info about the process in the "How Does It Work" section. Features of the new Trend Strength Indicator : 3 Trend Detection Algorithms Combined (RSI, Supertrend & EMA Cross) Fully Customizable Algorithm Strength Labels Customizable Colors For Bullish, Neutral & Bearish Trends 📌 HOW DOES IT WORK ? This indicator uses three different methods of trend detection and combines them all into one value. First, the RSI is calculated. The RSI outputs a value between 0 & 100, which this indicator maps into -100 <-> 100. Let this value be named RSI. Then, the Supertrend is calculated. Let SPR be -1 if the calculated Supertrend is bearish, and 1 if it's bullish. After that, latest EMA Cross is calculated. This is done by checking the distance between the two EMA's adjusted by the user. Let EMADiff = EMA1 - EMA2. Then EMADiff is mapped from -ATR * 2 <-> ATR * 2 to -100 <-> 100. Then a Total Strength (TS) is calculated by given formula : RSI * 0.5 + SPR * 0.2 + EMADiff * 0.3 The TS value is between -100 <-> 100, -100 being fully bearish, 0 being true neutral and 100 being fully bullish. Then the Total Strength is converted into a color adjusted by the user. The candlesticks in the chart will be presented with the calculated color. If the Labels setting is enabled, each time the trend changes direction a label will appear indicating the new direction. The latest candlestick will always show the current trend with a label. EMA = Exponential Moving Average RSI = Relative Strength Index ATR = Average True Range 🚩 UNIQUENESS The main point that differentiates this indicator from others is it's simplicity and customization options. The indicator interprets trend and strength detection in it's own way, combining 3 different well-known trend detection methods: RSI, Supertrend & EMA Cross into one simple method. The algorithm is fully customizable and all styling options are adjustable for the user's liking. ⚙️ SETTINGS 1. General Configuration Detection Length -> This setting determines the amount of candlesticks the indicator will look for trend detection. Higher settings may help the indicator find longer trends, while lower settings will help with finding smaller trends. Smoothing -> Higher settings will result in longer periods of time required for trend to change direction from bullish to bearish and vice versa. EMA Lengths -> You can enter two EMA Lengths here, the second one must be longer than the first one. When the shorter one crosses under the longer one, this will be a bearish sign, and if it crosses above it will be a bullish sign for the indicator. Labels -> Enables / Disables trend strength labels.

Fractal-Dimension-Index-Adaptive Trend Cipher Candles [Loxx]Fractal-Dimension-Index-Adaptive Trend Cipher Candles is a candle coloring indicator that shows both trend and trend exhaustion using Fractal Dimension Index Adaptivity. To do this, we first calculate the dynamic period outputs from the FDI algorithm and then we injection those period inputs into a correlation function that correlates price input price to the candle index. The closer the correlation is to 1, the lighter the green color until the color turns yellow, sometimes, indicating upward price exhaustion. The closer the correlation is to -1, the lighter the red color until it reaches Fuchsia color indicating downward price exhaustion. Green means uptrend, red means downtrend, yellow means reversal from uptrend to downtrend, fuchsia means reversal from downtrend to uptrend. What is the Fractal Dimension Index? The goal of the fractal dimension index is to determine whether the market is trending or in a trading range. It does not measure the direction of the trend. A value less than 1.5 indicates that the price series is persistent or that the market is trending. Lower values of the FDI indicate a stronger trend. A value greater than 1.5 indicates that the market is in a trading range and is acting in a more random fashion. Included Loxx's Expanded Source Types Related indicators: Adaptive Trend Cipher loxx] CFB-Adaptive Trend Cipher Candles Dynamic Zones Polychromatic Momentum Candles RSI Precision Trend Candles

Donchian RSI Bands This little mashup of mine is called the Donchian RSI Bands. It consists of two RSI's, a Donchian Channel, & Bollinger bands, which can all be turned on or off depending on your preferences. The main RSI is set to the 7 length and the second RSI is set to the default 14 length. When used together, they form an RSI cloud. The Bollinger Bands are set to the 35 length and use two sets of adjustable deviations to form the bands. The inner band is set to 0.25 deviation and the outside is set to 0.5. Generally, the Bollinger Bands deviation is set to 2 but for this idea, when the RSI is inside the Bollinger Bands, there's a higher possibility of chop. The stronger Bullish or Bearish trend will be when the main RSI is trending above or below the Bollinger Bands. The RSI color is Bullish when the RSI is above the Upper Bollinger Band, Neutral when the RSI is inside the Bands, and Bearish when the RSI is below the lower Bollinger Band. The wider you adjust the Outer Band Deviation, the wider the Neutral zone will be. The width of the Bollinger Band Basis can also be adjusted so you could widen it all the way out to the Bands which will form a fully shaded channel to avoid trading when the RSI is trending inside. The Donchian Channel is set to 70, which 2x the Bollinger Band length. I use it for longer term trends and possible trend reversals. There are 3 options for Barcoloring: RSI Bollinger Bands RSI Cloud & when the RSI is above/below the Donchian Channel Basis