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Candlestick analysis

Apex Edge - VantageApex Edge – Vantage Quarter-Wick Reversal System | Price Action Based | Non-Repainting | Visual Confirmation Tool Overview: Apex Edge – Vantage is a precision price action indicator built to assist traders in identifying high-probability reversal entries — not based on indicators, but on how candles behave at their extremes. This tool implements a clean, repeatable framework that reflects how I personally trade: Spot a candle that closes with strong directional intent, Then wait for a controlled pullback into the outer quarter, And strike — only if price respects that line. There’s no magic here — just raw, tactical logic visualized clearly on your chart. It's not designed to predict the market — it's built to respond when price offers you Vantage. Core Logic: Dot Detection – Final Quarter Close Candles A green dot prints below a bullish candle if it closes within the top 25% of its wick-to-wick range. A red dot prints above a bearish candle if it closes within the bottom 25% of its range. These dots signify candles that made a strong, deliberate move in one direction — where price was pushed to an extreme and held that extreme into the close. These candles often signal institutional intent or momentum imbalance. Entry Confirmation – Controlled Wick Rebalance On the very next candle only, price must wick into the prior dot candle's outer quarter — but must not pass beyond it. For buy entries, the wick must enter the bottom 25% of the previous green dot candle, but not dip below it. For sell entries, the wick must reach into the top 25% of the red dot candle, but not exceed it. This wick into the quarter is seen as a controlled rebalancing — a tactical reaction back into the origin zone before potential continuation. Arrow Printing – Visual Entry Signal Once the entry criteria are confirmed, an arrow is printed after the candle closes. This arrow continues to print on each new candle as long as price does not violate the original entry zone — giving visual confirmation that the trade thesis is still valid. If price breaks above/below the quarter range, the arrow disappears. This ongoing confirmation is useful for staying in trades, managing risk, or spotting failed setups early. Automatic Stop Loss Level A horizontal Stop Loss line is drawn from the extreme wick of the original dot candle. For buy entries, SL is placed below the green dot candle's low. For sell entries, SL is placed above the red dot candle's high. This provides immediate risk context — perfect for traders using limit orders or looking to scale in. Coding Logic: This script uses plotshape() and plot() functions for all visual elements. Dot candles are identified using quarter-range logic via: pinescript Copy Edit close >= high - (high - low) * 0.25 // for bullish close <= low + (high - low) * 0.25 // for bearish Entry validation logic triggers only on the next candle, using: pinescript Copy Edit low >= quarterLine and low <= high // for buy entries high <= quarterLine and high >= low // for sell entries Arrows and SL lines are plotted only on closed candles, ensuring non-repainting behavior. alertcondition() is used for real-time alerts on valid buy/sell triggers. How I Personally Use It: I wait for a dot to print — this shows directional conviction. On the next candle, I watch for a tap into the outer quarter. If the wick meets the criteria and the candle closes, I’ll execute manually at the close of that candle. As long as the arrow remains on the chart, I know the setup hasn’t been invalidated. I combine this with market structure, session timing, and liquidity context to build confluence around each trade. Alerts Included: Buy Entry Alert: When a green arrow prints (entry confirmed) Sell Entry Alert: When a red arrow prints (entry confirmed) These fire once per confirmed signal, allowing you to react in real-time or automate if desired. Who This Is For: Manual traders who want clean price-based entries Anyone who uses market structure, SMC, or liquidity concepts Traders looking to replace indicators with pure candle logic Discretionary or semi-systematic traders who want visual tools to guide their decisions Final Word Apex Edge – Vantage doesn’t predict price — it shows you where price is offering you control. This is a surgical tool designed to help you act only when the market gives you a measurable edge — and to stay in the trade as long as that edge holds. If you're ready to stop chasing trades and start striking from a position of Vantage, then this tool belongs on your chart.
Pine Script® indicator
by ApexEdge
50/100 EMA Crossover with Candle Confirmation📘 **50/100 EMA Crossover with Candle Confirmation – Strategy Description** The **50/100 EMA Crossover with Candle Confirmation** is a trend-following strategy designed to filter high-probability entries by combining exponential moving average (EMA) crossovers with strong price action confirmation. This strategy aims to reduce false signals commonly associated with EMA-only systems by requiring a **candle close confirmation in the direction of the trend**, making it more reliable for intraday or swing trading across Forex, crypto, and stock markets. --- ### 🔍 **Core Logic** * The strategy is based on the interaction of the **50 EMA** (fast-moving average) and the **100 EMA** (slow-moving average). * **Trend direction** is determined by the crossover: * **Bullish Trend**: When the 50 EMA crosses **above** the 100 EMA. * **Bearish Trend**: When the 50 EMA crosses **below** the 100 EMA. * To **filter out false breakouts**, a **candle confirmation** is used: * For a **Buy signal**: After a bullish crossover, wait for a strong bullish candle (e.g., full-body green candle) to **close above both EMAs**. * For a **Sell signal**: After a bearish crossover, wait for a strong bearish candle to **close below both EMAs**. --- ### ✅ **Entry Conditions** **Buy Entry:** * 50 EMA crosses above 100 EMA. * Latest candle closes **above both EMAs**. * Candle must be bullish (green/full body preferred). **Sell Entry:** * 50 EMA crosses below 100 EMA. * Latest candle closes **below both EMAs**. * Candle must be bearish (red/full body preferred). --- ### 🛑 **Exit or Take-Profit Options** * **Fixed TP/SL**: 1:2 or 1:3 risk-reward. * **Trailing Stop**: Based on recent swing highs/lows or ATR. * **EMA Exit**: Exit trade when the candle closes on the opposite side of 50 EMA. --- ### ⚙️ **Best Settings** * **Timeframes**: 5M, 15M, 1H, 4H (works well on most). * **Markets**: Forex, Crypto (e.g., BTC/ETH), Indices (e.g., NASDAQ, NIFTY50). * **Recommended filters**: * Use with RSI divergence or volume confirmation. * Avoid using during high-impact news (especially on lower timeframes). --- ### 🧠 **Why This Works** The 50/100 EMA crossover provides a **medium-term trend signal**, reducing noise seen in fast EMAs (like 9 or 21). The candle confirmation adds a **momentum filter**, ensuring price supports the directional bias. This makes it suitable for traders who want a balance of trend and entry precision without overcomplicating with too many indicators. --- ### 📈 **Advantages** * Simple yet effective for identifying trends. * Filters out fakeouts using candle confirmation. * Easy to automate in Pine Script or other trading bots. * Can be combined with support/resistance or SMC zones for better confluence. --- ### ⚠️ **Limitations** * May lag slightly in ranging markets. * Late entries possible due to confirmation candle. * Works best with additional volume or volatility filter.
Pine Script® indicator
by freefeeltrader
Keith's Volume with MAs and Breakout SignalsThis indicator highlights significant volume breakouts based on customizable moving averages. A breakout signal appears only when: Volume is higher than all three selected volume MAs (default 20, 50, 200). The short-term MA is above the long-term MA. Volume exceeds a customizable ratio threshold (default: 2× of MA50). Designed for traders who want clean and reliable breakout alerts without unnecessary noise. Works well for trend continuation and momentum confirmation.
Pine Script® indicator
by kisskeith
Alinhamento H1 + H4 com Fundo Colorido MACD Alignment Strategy: H1 + H4 This script highlights candles on the H1 chart with a colored background when there's full alignment between H1 and H4 based on the classic MACD (12,26,9) and EMA 200. ✅ Bullish background (green): Price is above the EMA 200 on both H1 and H4 On both H1 and H4: MACD line is above the Signal line Histogram is green and above zero MACD is above zero ❌ Bearish background (red): Price is below the EMA 200 on both H1 and H4 On both H1 and H4: MACD line is below the Signal line Histogram is red and below zero MACD is below zero Use this tool to visually confirm trend alignment between timeframes and filter high-probability entries.
Pine Script® indicator
by fausto-soldatelli
Sesión Asiatica 5-10 PM México + EMAs + Cruces# Asian Session EMA Crossover Indicator ## Overview This Pine Script indicator is designed specifically for trading during the Asian session (5-10 PM Mexico time) and focuses on EMA crossover signals with visual markers. ## Key Features ### 1. **Multiple EMAs Display** - **EMA 8** (Blue line) - Short-term trend - **EMA 13** (Green line) - Medium-term trend - **EMA 21** (Yellow line) - Intermediate trend - **EMA 55** (Red line) - Long-term trend - Toggle option to show/hide all EMAs ### 2. **Asian Session Focus** - Configured for Mexico timezone (America/Mexico_City) - Active trading window: 5:00 PM - 10:00 PM Mexico time - Crossover signals only trigger during this session ### 3. **EMA 8/13 Crossover Detection** - **Bullish Signal**: Green triangle (↑) appears below price when EMA 8 crosses above EMA 13 - **Bearish Signal**: Red triangle (↓) appears above price when EMA 8 crosses below EMA 13 - Signals only occur during Asian session hours ### 4. **Alert System** - Real-time alerts for bullish crossovers - Real-time alerts for bearish crossovers - Alerts only fire during Asian session ## Configuration Options - Customizable EMA periods (default: 8, 13, 21, 55) - Show/hide EMAs toggle - Show/hide crossover signals toggle - Timezone selection (Mexico City, GMT-6, GMT-5) - Session time adjustment ## Use Case Ideal for traders who focus on Asian market hours and use EMA crossover strategies for entry signals. The indicator helps identify momentum shifts during the Asian session while filtering out noise from other trading sessions.
Pine Script® indicator
by ecasvar
Hybrid candles by Marian BDescription ------------- This script it does a very simple thing: it will color the candles according to the HeikenAshi rules. It will keep the regular candle shape, but with the HeikenAshi colors. Some traders find it useful, especially those using the ATS methodology. Originality ------------- This script is not at all orginal and it will not make you win trades. There are a few others out there, but I could not find a public one that also colors the wicks; most of them just handle the color of the candle body. Chart ------- See a sample screenshot how it will look like.
Pine Script® indicator
by marianboricean
Candle Size TableLast 3 Candle Stats – High, Low, Volume & Size Description: This intraday trading tool displays the High, Low, Volume, and Size (range) of the last 3 candles on your chart, providing a quick and clear reference for short-term momentum, volatility, and potential trade decisions. Designed for scalpers and day traders, this indicator helps you: Gauge momentum shifts by tracking how candle size and volume evolve. Identify exhaustion or continuation patterns by comparing recent candle ranges. Define entries and exits with more precision based on real-time market activity. The candle size is calculated as the absolute difference between the high and low of each candle, making it easy to spot expanding or contracting price action. Use this as a complementary tool with your price action strategy to enhance timing and confidence in fast-moving markets.
Pine Script® indicator
by twknowles
Body Engulfing Detector🔶 Body Engulfing Detector This simple but effective indicator identifies candlestick patterns where the entire body of the current candle engulfs the body of the previous one — a classic signal of a potential reversal or momentum continuation. 🔍 What It Does: Detects when the body (open-close range) of the current candle completely covers the body of the previous candle. Triggers a visual signal on the chart once the candle is closed, avoiding premature alerts. Includes a generic alert you can enable from the TradingView alert system, so you’ll be notified as soon as a body engulfing pattern occurs. 📈 Use Case: This pattern can be interpreted as a shift in market sentiment and may signal a possible entry point depending on the context: Use it as part of your price action strategy. Combine it with trend analysis, volume, or other confirmation tools. ⚠️ This indicator focuses only on body engulfing and does not require the candle to be bullish or bearish specifically. If you'd like a version that distinguishes between bullish and bearish engulfing, feel free to request it.
Pine Script® indicator
by Giancarlo_Adorno
Logios Traders Pro v1## 📈 Logios Traders Pro v1 – EMA Crossover + Signal Candle Extensions **Logios Traders Pro v1** is a powerful and clean EMA crossover-based tool designed for traders who want precise entry zones, trend clarity, and support/resistance validation — all in one lightweight overlay. ### 🔍 Features: * **Customizable Fast and Slow EMAs** Set your preferred EMA lengths to generate Buy/Sell signals based on crossovers. * **Signal Candle High/Low Extensions** Each Buy/Sell signal marks the high and low of the signal candle and projects them forward as horizontal levels. These act as **dynamic support/resistance zones**, and extend until broken by price. * **Trend EMA (e.g., EMA 50)** An optional third EMA is displayed by default to help filter trades with the broader trend. Its length is also fully customizable. * **Smart Visuals** * Signal markers (`Buy` / `Sell`) with clean labels. * Background coloring and EMA plots are optional and customizable. * Alert-ready for both buy and sell conditions. ### ✅ Best Used For: * Trend-following or reversal setups. * Retest entries off signal candle zones. * Entry confirmation aligned with trend direction (using the 50 EMA). --- ### ⚙️ Inputs: * Fast EMA Length (default: 5) * Slow EMA Length (default: 9) * Trend EMA Length (default: 50) --- Whether you're a scalper, intraday trader, or swing trader, **Logios Traders Pro v1** gives you high-precision insight into the market’s structure and key entry zones. ---
Pine Script® indicator
by sdmusicbeats
ICT Time CaptureICT 8am High/Low + 9am Capture (NY Time) — Fixed 1H This indicator marks the High and Low of the 8am candle on the 1-hour timeframe fixed to New York time (America/New_York timezone). It also draws a line for the 9am candle open and indicates if the 9am candle “captured” (broke above or below) the 8am High or Low. Key Features: Always uses 1-hour data fixed on New York timezone, regardless of the chart’s current timeframe. Draws horizontal lines for the 8am High and Low, with configurable colors, styles (solid/dashed), thickness, and extension length. Draws a horizontal line for the 9am open price with customizable style. Shows labels with price values explaining the lines. Shows a capture label when the 9am candle breaks above the 8am high or below the 8am low. Allows full customization of label text colors, line colors, line styles, thickness, and label distances from line start. How to use: Use this indicator to monitor key ICT timeframes (8am and 9am NY time) for intraday price action clues. The capture labels help identify when price breaks key levels from the 8am candle during the 9am candle. The configurable style options let you customize the indicator to your chart style.
Pine Script® indicator
by EduWarlock
Zembala_DMarkThis indicator uses a specific candle-counting technique to identify potential short-term exhaustion points in price action. It works by comparing the current candle’s closing price to the closing price 9 candles earlier and maintains two separate counts: Buy Count (13B): Increases when the current close is lower than the close 9 bars ago. Sell Count (13S): Increases when the current close is higher than the close 9 bars ago. When either count reaches 13 consecutive conditions, a signal is displayed: 13B (green triangle up) suggests downside exhaustion and a possible short-term rebound. 13S (red triangle down) suggests upside exhaustion and a potential short-term pullback. These signals are not traditional buy/sell recommendations but instead highlight areas of potential trend fatigue or price extremes. This logic is loosely inspired by bar-counting methods used in certain sequential strategies, but simplified and adapted for general use without reliance on any proprietary methodology.
Pine Script® indicator
by mzpkotfi
Fixed First Candle Levels by TF with UTCFixed First Candle Levels by TF with UTC This script draws High and Low levels of the first candle of each day based on a custom timeframe selected by the user (15m, 30m, 1h, 2h, 4h) and adjusted for the UTC offset. Features: ✅ Automatically detects the first candle of the day for the selected timeframe ✅ Plots horizontal lines from the start of the day to the end of the day ✅ Highlights the actual candle’s range using a translucent background box ✅ Works across all chart timeframes ✅ Ideal for identifying potential support/resistance zones based on early market structure You can customize: Target timeframe (independent from current chart TF) UTC offset Useful for intraday traders, breakout strategies, and pre-market planning.
Pine Script® indicator
by Ann_kchn
Hacim Patlaması Alarmı (3 Bar Ortalaması)//@version=5 indicator("Hacim Patlaması Alarmı (3 Bar Ortalaması)", overlay=false) hacim = volume hacimOrtalama = ta.sma(volume, 3) limit = hacimOrtalama * 1.5 hacimPatladiMi = hacim > limit plot(hacim, title="Hacim", color=color.new(color.blue, 0), style=plot.style_columns) plot(hacimOrtalama, title="3 Bar Ortalaması", color=color.gray, linewidth=1) bgcolor(hacimPatladiMi ? color.new(color.red, 80) : na) alertcondition(hacimPatladiMi, title="Hacim Patladı", message="⚠ Hacim patlaması tespit edildi!")
Pine Script® indicator
by topacibrahim8