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Candlepattern

Impulse Profile Zones [BigBeluga]🔵 OVERVIEW Impulse Profile Zones is a volume-based tool designed to highlight high-impact candles and visualize hidden liquidity zones inside them using microstructure data. It’s ideal for identifying volume concentration and potential reaction points during impulsive market moves. Whenever a candle exceeds a specified size threshold, this indicator captures its structure and overlays a detailed intrabar volume profile (from a 10x lower timeframe), allowing traders to analyze the distribution of interest within powerful market impulses. 🔵 CONCEPTS Filters candles that exceed a user-defined threshold by size. For qualifying candles, retrieves lower timeframe price and volume data. Divides the candle’s body into 10 volume bins and calculates the volume per zone. Highlights the bin with the highest volume as the Point of Control (POC) . Each POC line extends forward until a new impulse is detected. 🔵 FEATURES Impulse Candle Detection: Triggers only when a candle’s body size is larger than the defined threshold. Lower Timeframe Profiling: Aggregates 10-bin volume data from a lower timeframe (typically 1/10 of current TF). Volume Distribution Bars: Each bin displays a stylized bar using unicode block characters (e.g., ▇▇▇, ▇▇ or ▇--). The bar size reflects the relative volume intensity. POC Zone Mapping: The bin with the highest volume is marked with a bold horizontal line. Its value is labeled and extended until the next valid impulse. 🔵 HOW TO USE Use large candle profiles to assess which price levels inside a move were most actively traded. Watch the POC line as a magnet for future price interaction (support/resistance or reaction). Combine with market structure or order block indicators to identify confluence levels. Adjust the “Filter Large Candles” input to detect more or fewer events based on volatility. 🔵 CONCLUSION Impulse Profile Zones is a hybrid microstructure tool that bridges lower timeframe volume with higher timeframe impulse candles. By revealing where most of the volume occurred inside large moves, traders gain a deeper view into hidden liquidity, enabling smarter trade entries and more confident profit-taking zones.
Pine Script® indicator
by BigBeluga
10
TechniTrend: CandleMetrics🟦 Overview The TechniTrend: CandleMetrics Indicator is a powerful tool designed to give traders an in-depth analysis of candlestick structures. This indicator allows users to identify potential reversal points, trend continuations, and other crucial market behaviors by examining key ratios between candle components—such as body, shadow, and overall range—alongside volume conditions. The advanced filtering options offer flexibility for both novice and experienced traders, enabling tailored setups to suit different trading strategies. 🟦 Key Features 🔸Customizable Ratios: Set thresholds for Body-to-Range, Shadow-to-Range, Upper Shadow-to-Range, and Lower Shadow-to-Range ratios. 🔸Volume-Based Filters: Integrate volume conditions to strengthen the reliability of signals. 🔸Flexible Conditions: Choose whether filters should work independently or in combination, allowing for precise pattern identification. 🔸Visual Markers: Mark potential signals with a distinct background color and symbols on the chart. 🔸Alerts: Receive notifications for each selected condition, ensuring you never miss an opportunity. 🟦 How It Works The CandleMetrics Indicator operates by analyzing the relationship between different components of each candlestick, combined with volume data to determine the strength of signals. Here’s a detailed breakdown of each feature: 🔸 Body to Range Ratio: This filter compares the size of the candle's body to its total range (from high to low). Example Setting: If you’re interested in spotting candles with small bodies relative to their total range, you might set the Body-to-Range Ratio to “Less than 0.3.” 🔸 Shadow to Range Ratio: This examines the combined size of both shadows (upper and lower) relative to the entire candle range. Example Setting: Use a Shadow-to-Range Ratio set to “More than 0.8” to find candles with significant wick lengths, suggesting market indecision. 🔸 Upper Shadow to Range Ratio: This filter assesses the proportion of the upper shadow (wick) in relation to the candle’s full range. Example Setting: “Less than 0.05” can help identify situations where the upper shadow is minimal, indicating strong downward pressure. 🔸 Lower Shadow to Range Ratio: It measures the lower shadow compared to the entire candle range. Example Setting: “More than 0.7” is useful for detecting potential rejection patterns at lower prices, hinting at a possible bullish reversal. 🔸 Volume Filter: Integrates volume data to verify the reliability of each candle pattern. Example Setting: Apply a Volume Filter Length of 100 with an SMA type to smooth volume data over a longer period, filtering out short-term noise and focusing on significant volume shifts. 🟦 Combining Filters The indicator offers an option to Combine Filters. When this setting is enabled, all selected conditions must be met simultaneously for a candle to be marked. If disabled, each condition functions independently, allowing more flexibility in detecting diverse patterns. 🟦 Examples & Use Cases 🔸Example 1: Spotting Reversal Opportunities I used the following configuration to find potential bullish reversals: Upper Shadow to Range Ratio: “Less than 0.05” – Looking for candles with almost no upper shadow. Lower Shadow to Range Ratio: “More than 0.7” – Highlighting candles with a significant lower shadow. Volume Filter Length: 100 with SMA. This setup effectively highlights candles where price rejection is happening at lower levels, suggesting a potential trend reversal to the upside. 🔸Example 2: Detecting Market Uncertainty If you want to focus on candles showing market hesitation, try: Shadow to Range Ratio: “More than 0.85” – Emphasizing long-wick candles that could indicate indecision. Disable Combine Filters to allow flexibility, marking any candle meeting the above criteria. 🟦 Detailed Explanation of Each Option Here’s a clear and concise breakdown of each option for a better understanding: 1. Body to Range Ratio Purpose: This ratio shows how significant the candle's body is compared to its overall range. A smaller body-to-range ratio can indicate a potential reversal if the market appears indecisive. How to Use: Increase the ratio to filter for stronger trend candles; decrease it to identify reversal or indecision candles. 2. Shadow to Range Ratio Purpose: This filter captures the size of both shadows relative to the candle's total range. A larger ratio often points to market hesitation, while a smaller ratio suggests a decisive move. How to Use: Adjust this filter to focus on candles with long wicks (indecision) or short wicks (decisiveness). 3. Upper Shadow to Range Ratio Purpose: Helps to identify candles with strong downward moves by focusing on the upper wick length. A small upper shadow can imply sellers' dominance. How to Use: Lower the ratio to detect candles with minimal upward rejection. 4. Lower Shadow to Range Ratio Purpose: Targets candles with strong buying pressure by analyzing the lower shadow. A larger lower shadow may indicate a bullish reversal. How to Use: Increase the ratio to spot rejection candles with significant lower shadows. 5. Volume Filter Purpose: Adds a volume component to verify the validity of each candlestick pattern. Higher-than-average volume often signifies the strength of a move. How to Use: Adjust the filter length and type to smooth out volume fluctuations based on your trading timeframe. 🟦 Indicator Alerts Each filter has its own alert configuration, enabling traders to stay updated on market conditions that meet their selected criteria. You can customize alerts to trigger whenever a condition is met, helping to manage trades even when away from the screen.
Pine Script® indicator
by itsKraken
ICT HTF Candles [Source Code] (fadi)Plotting a configurable higher timeframe on current chart's timeframe helps visualize price movement without changing timeframes. It also plots FVG and Volume Imbalance on the higher timeframe for easier visualization. With ICT concepts, we usually wait for HTF break of structure and then find an entry on a lower timeframe. With this indicator, we can set it to the HTF and watch the develop of price action until the break of structure happens. We can then take an entry on the current timeframe. Settings HTF Higher timeframe to plot Number of candles to display The number of higher timeframe candles to display to the right of current price action Body/Border/Wick The candle colors for the body, border, and wick Padding from current candles The distance from current timeframe's candles Space between candles Increase / decrease the candle spacing Candle width The size of the candles Imbalance Fair Value Gap Show / Hide FVG on the higher timeframe Volume Imbalance Show / Hide Volume Imbalance on the higher timeframe Trace Trace lines Extend the OHLC lines of the higher timeframe and the source of each Label Show/Hide the price levels of the OHLC
Pine Script® indicator
by fadizeidan
128
Pro Trading Art - Candlestick Patterns with alertAll candlestick pattern based on "Japanese candlestick charting techniques". Currently Supported List of Candlestick Patterns : Hammer Hanging Man Inverted Hammer Shooting Star Morning Star Evening Star Bullish Engulfing Bearish Engulfing Important Points: 1. You can create alert for all patterns. 2. You can modify multiplier(Length Of Shadow) for Hammer, Hanging Man, Inverted Hammer and Shooting Star 3. You can modify EMA length for upward and downward validation of any pattern.
Pine Script® indicator
by protradingart
5
Candlestick RecognitionCandlestick Recognition Version 1.0 Fun script to recognize and name candlesticks. Hamers and Highwaves and Marubozus oh my! All candlestick names can be turned on or off in the settings since sometimes they stack close to each other and are hard to read. If you think I mislabeled any please provide me with an example of what you think it should be and I will review it to see if any changes need to be made. Please keep in mind that each stock will be a little different as the Candlestick Recognition uses ATR (Average True Range) for the calculations.
Pine Script® indicator
by Dustin_D_RLT
2