Candlestick Patterns Identified (updated 3/11/15)I decided to republish this one without the trend filter and with all the major symbols active. This will allow for all the patterns to show up.
Due to 15 different candlestick formations in this one script, it will be difficult to turn off the last few due to screen size. You can turn off individual patterns on the settings screen.
I have everything spelled out except the hammer and inverted hammer. They are "H" and "IH" respectively on the charts. They show up so often that they cluttered the charts.
The default script has: Doji, Evening Star, Morning Star, Shooting Star, Hammer, Inverted Hammer, Bearish Harami, Bullish Harami, Bearish Engulfing, Bullish Engulfing, Piercing Line, Bullish Belt, Bullish Kicker, Bearish Kicker, Hanging man, and Dark Cloud Cover. You can turn off what you don't like. The Piercing Line, Bullish Belt, and the Kickers will usually show up better in the daily charts.
I recommend watching videos with Stephen Bigalow to get a feel for how to trade these. You will want to add an 8 EMA to your chart with his setups. Enjoy.
If you want the old version: Take a look at the related ideas below.
Cloud
Ichimoku-Hausky_v2.1Made a little update to my trading system. This system is made so that you can easily follow the trend and know when to get out. You still have to know basic market structure to find a good entry.
NB!! I see that i placed the entry wrong on the example, you have too wait for the EMA to go below the MA :)
I have posted the right one at the bottom.
Take profit can be set at last low or you can use trail stop on the EMA, MA, Kijun-sen or Tenkan-sen.
Example rules:
Buy:
IF Market is in a trend or are possibly close to break out of range
THEN see if price has closed above cloud
IF price has closed above cloud
THEN see if EMA has crossed above MA
IF EMA has crossed above MA
THEN buy or wait for pullback
Sell:
IF Market is in a trend or are possibly close to break out of range
THEN see if price has closed below cloud
IF price has closed below cloud
THEN see if EMA has crossed below MA
IF EMA has crossed below MA
THEN buy or wait for pullback
Ichimoku Cloud ALERTHi, this my new script which show you correct Ichimoku signals, when price exit cloud.
SELL SIGNAL:
- red line below blue
- green line below price
- price exit cloud bottom
- price below 3 EMA's!
BUY SIGNAL:
- red line above blue
- green line above price
- price exit cloud upper
- price above 3 EMA's!
You can change ichimoku parameters and input 3 EMA's. If u dont want use any of the EMA's then input 1 into them.
CM Enhanced Ichimoku Cloud V5Ichimoku Cloud Indicator With Cloud Shading Based On Trend!!!
I’m releasing this Indicator b/c of the New Feature that Allows Coding The Fill of The Cloud To Change Colors Based On Trend. However, I will be releasing a Much More Advanced Version Soon!!!
Current Features - Via Inputs Tab:
- Ability to Turn On/Off Every Plot Individually Via Check Box
- Ability To Turn On/Off Tenkan and Kinjun Crosses (Arrows)
***Features Coming Soon - All Will Have Capability to Turn On/Off:
- Bar Color Change when Entering The Cloud
- Filtered Tenkan and Kinjun Crosses To Plot Only With Trend, only Counter Trend, Or All Crosses
- Plot Arrows When Price Exits The Cloud.
- Plot Arrows When Lagging Line Crosses The Cloud Confirmed, or Not Confirmed by Price.
- Plus More!!!
- Basically Ability To Set Alerts Based On Any Condition!!!
WHAT ARE YOUR REQUESTS FOR FEATURES??? Comment Below.
