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Bullish & Bearish Engulfing The Bullish & Bearish Engulfing Indicator is a body-based candlestick pattern indicator designed to identify potential trend reversal points in the markets. The indicator automatically detects Bullish Engulfing patterns that appear at the end of downtrends and Bearish Engulfing patterns that form at the end of uptrends. The Bullish & Bearish Engulfing Indicator is suitable for use with price action, support-resistance, and trend continuation/reversal strategies. Rather than being a standalone trading tool, it is designed as a powerful contextual analysis tool to support decision-making processes. When used with the correct market structure and additional confirmations, it helps to identify high-quality trading opportunities.
Indicador Pine Script®
por PineScriptCommander
Relative Volume: Bull/Bear Bars + Strength IntensityThis indicator: - Plots volume bars in a separate pane under the ticker's chart. - Computes and displays RVOL as a decimal (e.g., 1.37), based on current bar volume ÷ average volume over a lookback length (lookback length is customizable). - Shows the RVOL value in the indicator’s “Values” line (the “ticker” area at the top-left of the pane) by plotting it as a line (and you can also optionally show a label). - Colors volume bars: - green on bullish candles - red on bearish candles - also reflects RVOL strength via intensity (stronger RVOL = less transparent / more vivid)
Indicador Pine Script®
por StephC6
MACD-v Bullish/Bearish DivergenceMACD-v Bullish/Bearish Divergence Overview This indicator is a specialized divergence detector based on the MACD-v (Volatility Normalized Momentum) concept. Unlike standard MACD which uses absolute price differences, MACD-v normalizes values against volatility (ATR), allowing for fixed, universal Overbought/Oversold thresholds across all assets and timeframes. Recommendation: This script is highly effective when paired with the original MACD-v by Alex Spiroglou. While this indicator focuses on identifying and visualizing divergence entries, using the original oscillator alongside it provides the best visual context for the overall momentum structure. How It Works This tool uses a dual-signal mechanism (Raw Line + Signal Smooth) to identify specific divergence setups: Setup (Yellow/Blue Dots): Identifies when price momentum has extended significantly into extreme zones (Overbought/Oversold). Trigger (Red/Green Dots): Fires when price fails to make a new momentum extreme despite price action (classic divergence/failure swing). Active State (Background Color): Once a trigger fires, the background highlights (Red for Bearish, Green for Bullish) to indicate an active divergence play. Reset (Exit): The signal state clears when momentum returns to the neutral "safe zone." Important Note: Momentum Washout The colored background persists as long as the divergence trade remains valid. Traders should note the concept of "Momentum Washout": Signal End: The background color turns off when the MACD returns to the neutral range, indicating the primary high-velocity impulse is over. Performance Continuation: Significant positive or negative price performance can often continue even after the background signal ends. This period allows the remaining momentum to "wash out" or drift before the next major impulse. Strategy Tip: The indicator is designed to capture the high-volatility portion of the reversal. Do not assume the end of the signal is the absolute top or bottom of the trend; it simply marks the normalization of momentum. Strategy Recommendation: Multi-Timeframe Analysis Divergence signals are most powerful when confirmed across timeframes. It is highly recommended to look for alignment before taking a trade: Trend Confirmation: If you see a signal on a lower timeframe (e.g., 5m or 15m), check a higher timeframe (e.g., 1H or 4H). A bullish divergence on the 5m is significantly more reliable if the 1H momentum is already bullish or oversold. Signal Stacking: Valid signals often appear sequentially—first on the 1m, then the 5m, and finally the 15m. Waiting for this "cascade" can filter out false reversals. Visual Guide 🔵 Blue Dot: Bullish Divergence Setup (Watch for entry). 🟢 Green Dot: Bullish Divergence Trigger (Long Entry). 🟡 Yellow Dot: Bearish Divergence Setup (Watch for entry). 🔴 Red Dot: Bearish Divergence Trigger (Short Entry). Background Color: Indicates an active trade (Red = Bearish / Green = Bullish). Settings Auto-Detect: Automatically switches between Scalping settings (tighter thresholds) for low timeframes and Swing settings for high timeframes. Strict Invalidation: If enabled, cancels a setup if momentum pushes too far in the opposite direction before triggering. Active Signal Multiplier: Dynamically smooths the signal line only when a trade is active to prevent premature exits during choppy corrections. Disclaimer: This tool is for educational purposes and trend analysis only. Always manage your risk appropriately.
Indicador Pine Script®
por suresh789
1
TraderDemircan - Ultimate Fibonacci Suite (Bearish) v2.0-Overview This indicator is a comprehensive Fibonacci-based trading tool specifically designed for identifying and trading bearish XABCD harmonic patterns. It combines classical Fibonacci retracement/extension levels with advanced harmonic pattern recognition, risk management calculations, and confluence zone detection to provide traders with a complete analytical framework for short positions. -What Makes This Script Original Unlike standard Fibonacci tools that simply draw static levels, this script: Dynamically identifies swing highs and lows using lookback period analysis Automatically detects and labels XABCD formation points (X, A, B, C, D) in real-time Recognizes multiple harmonic patterns (Gartley, Butterfly, Bat, Crab, Shark) with customizable tolerance Calculates and displays Potential Reversal Zones (PRZ) at point D Provides integrated risk management with position sizing, stop loss, and multiple take profit levels Identifies confluence zones where multiple Fibonacci levels intersect Includes trend filter to validate pattern direction Offers trading mode presets for scalpers, day traders, and swing traders -How It Works XABCD Pattern Detection (Bearish Version) The script uses a bearish structure where: Point X: The highest point (swing high) identified within the lookback period Point A: The lowest point (swing low) that occurs after X Point B: The retracement level from A back toward X (typically 0.382, 0.5, 0.618, or 0.786) Point C: The projected target below B (calculated as B minus the X-A range) Point D: The Potential Reversal Zone (PRZ) where the short position is recommended The algorithm: Scans the last N bars (user-defined) to find the highest point (X) Identifies the lowest point after X (point A) Monitors price retracement to determine point B Projects point C and D targets based on Fibonacci extensions Validates the formation against minimum swing size requirements Optionally applies trend filter to confirm bearish bias Fibonacci Levels The script plots 14 customizable Fibonacci levels: Retracement levels: 0.0 (X), 0.236, 0.382, 0.5, 0.618, 0.786, 1.0 (A) Extension levels: 1.272, 1.414, 1.618, 2.0, 2.618, 3.618, 4.236 Each level is color-coded and can be individually toggled on/off. In the bearish version, these levels are calculated from the swing high (X) downward to the swing low (A) and beyond. Harmonic Pattern Recognition The indicator automatically detects five classic harmonic patterns when enabled: Bearish Gartley (75% probability): B retracement at 0.618, D target at 0.786 Bearish Butterfly (70% probability): B retracement at 0.786, D target at 1.272 Bearish Bat (80% probability): B retracement at 0.382-0.5, D target at 0.886 Bearish Crab (85% probability): B retracement at 0.382-0.618, D target at 1.618 Bearish Shark (72% probability): B retracement at 0.382-0.618, D target at 1.13 Pattern detection uses a tolerance parameter (default 5%) to account for market imperfections. When a pattern is identified, it displays the pattern name and estimated success probability. Risk Management System The script includes a complete risk management framework: Position Sizing: Calculates the appropriate position size based on: Account size (user input) Risk percentage per trade (user input) Distance from entry to stop loss Stop Loss: Automatically placed 0.5% above point X to protect against invalidation Take Profit Levels: TP1: 1.272 extension (customizable) TP2: 1.618 extension (customizable) TP3: 2.0 extension (customizable) Risk/Reward Ratio: Displayed in the info panel, calculated as (Entry - TP3) / (Stop Loss - Entry) Confluence Detection When multiple Fibonacci levels converge within 0.5% of each other, the script highlights these zones with translucent boxes. These confluence zones often act as strong support/resistance areas and increase the probability of reversal. Minimum confluence threshold is customizable (default: 2 levels). Trend Filter Optional moving average filter (default: 50-period SMA) helps validate that patterns are forming in the direction of the prevailing trend. When enabled with "Only Show Patterns in Trend Direction," the indicator will only display formations that align with a bearish trend (price below MA). -How to Use For Scalpers: Select "Scalper" trading mode Use lower timeframes (1m, 5m, 15m) Focus on TP1 and TP2 levels Tight stop loss above point X For Day Traders: Select "Day Trader" trading mode Use medium timeframes (15m, 30m, 1H) Target TP2 and TP3 levels Monitor confluence zones for entry refinement For Swing Traders: Select "Swing Trader" trading mode Use higher timeframes (4H, D) Hold for TP3 or beyond Use trend filter to confirm macro direction Entry Strategy: Wait for point D (PRZ) to be reached Look for bearish confirmation (candlestick patterns, volume, momentum) Enter short position at or near point D Place stop loss above point X as indicated Scale out at TP1, TP2, and TP3 levels -Key Settings General Settings: Trading Mode: Presets optimized for different trading styles Lookback Bars: Historical period for swing detection (10-200) Min Swing Size: Minimum percentage move to validate formation (0.1-10%) Fibonacci Levels: Individual toggle and color customization for all 14 levels Line thickness and style options (Solid/Dashed/Dotted) Optional price and percentage labels Left and right line extension Harmonic Patterns: Enable/disable specific pattern types Pattern tolerance adjustment (1-15%) Risk Management: Account size input Risk percentage per trade (0.5-10%) Customizable TP level multipliers Toggle stop loss and take profit displays Display Options: Show/hide XABCD lines C target and D target (PRZ) visualization Confluence zone highlights Trend MA overlay Information panel with trade statistics Alert Settings: Pattern completion alerts C target hit notifications Key Fibonacci level alerts -Visual Features Color-coded Fibonacci levels: Each level has a distinct color for easy identification Dynamic XABCD lines: Yellow lines connect pattern formation points Target projections: Magenta for C target, blue for D target (PRZ) Risk management lines: Red for stop loss, green for take profits Confluence boxes: Golden translucent boxes highlight key zones Information panel: Top-right panel displays pattern type, entry, stop loss, TP3, R:R ratio, position size, and direction Point labels: Clear X, A, B, C, D markers with hover tooltips showing exact prices -Important Disclaimers Risk Warning: Trading financial instruments involves substantial risk and may not be suitable for all investors. Past performance of any trading system or pattern is not necessarily indicative of future results. No Repainting: This indicator does NOT repaint. All pattern detection and level calculations are based on confirmed price data at the close of each bar. Backtesting Note: If used as a strategy with backtesting, ensure realistic parameters: Use appropriate commission (0.1% or higher for most markets) Include slippage (10+ ticks for liquid markets) Risk no more than 2-5% of account per trade Test on sufficient sample size (100+ trades minimum) Manual Confirmation: This indicator is a tool to assist analysis, not a complete trading system. Always use additional confirmation from: Price action analysis Volume confirmation Market context and news Risk tolerance assessment Harmonic Pattern Probabilities: The success rates shown (70-85%) are theoretical estimates based on historical studies and should not be interpreted as guarantees. Actual results will vary based on market conditions, execution timing, and individual risk management. -Technical Details Pine Script Version: v6 (latest) Overlay: True (displays on price chart) Maximum Objects: 500 lines, 500 labels, 500 boxes Calculation Method: Swing high/low detection with percentage-based Fibonacci calculations No Lookahead Bias: All calculations use confirmed historical data Compatible Timeframes: All timeframes (1m to 1M), recommended 15m and above -Differences from Bullish Version This is the bearish version specifically designed for short positions: X point is the swing HIGH (not low) A point is the swing LOW (not high) B retracement moves UP from A toward X C target projects DOWN from B D target (PRZ) is calculated ABOVE X for short entries All Fibonacci levels are inverted for downward price movement Pattern recognition logic adjusted for bearish structures A companion bullish version is available separately for long position analysis.
Indicador Pine Script®
por TraderDemircan_
Direction via Zone Break [by rukich]🟠 OVERVIEW The indicator shows the direction of movement and zones: SSL, BSL, FVG. Zones serve as support/resistance and as validation/invalidation of a movement reversal. 🟠 COMPONENTS The direction of movement is built based on a three-candle swing high (BSL) and swing low (SSL) pattern. If swing high (BSL) and swing low (SSL) are formed, and then an internal swing high/low is formed (depending on the direction of movement), then in case the initial movement continues — for example, in an upward movement — the new swing low (SSL) will be the minimum before the update, i.e., the internal low, while the swing high (BSL) will be formed according to the three-candle pattern. A change of direction is considered when a candle closes beyond the key swing high/low (BSL/SSL), depending on the direction of movement. For example, in an upward movement, a break occurs when a candle closes beyond the swing low (SSL). After that, the swing high (BSL) will be the nearest fractal (swing high), and the swing low (SSL) will be formed according to the three-candle pattern. All the above logic also applies to downward movements. Within each movement, there can be FVG zones, which can act as support/resistance or indicate weakness in the movement direction. Note: if the movement is upward, only bullish FVG+ will be displayed; if the movement is downward, only bearish FVG- will be displayed. Weakness of movement direction. For example, consider an upward impulse with the nearest FVG+ zone. If the price closes beyond the lower boundary of the zone, it will be considered invalidated (inv. FVG-), which in turn indicates weakness in the movement direction and a possible local short, which may subsequently lead to a break of the entire movement. 🟠 HOW TO USE There are only two visual settings in the configuration: Show previous SSL/BSL – enables/disables the display of all previous SSL/BSL zones Show Bullish/Bearish trend – enables/disables background shading between SSL and BSL for visual understanding of the movement direction On the chart, the following are displayed: Labels with current SSL/BSL FVG+- / inv. FVG+- zones, for trading in the movement direction In case the nearest FVG is invalidated, a label will appear with the text: Weak bullish/bearish & local short/long (this is not a signal, but only indicates the probability of a potential move based on the weakness of the nearest zone) 🟠 CONCLUSION The indicator helps determine the current movement with zones for trading in the direction, and also indicates movement weakness through invalidation of the nearest zones.
Indicador Pine Script®
por rukich
12
EMAs Bullish/Bearish Confluence [Trend Bias]EMA Confluence Zones This indicator is designed to simplify trend identification by visually highlighting "Confluence Zones" —areas where short-term, medium-term, and long-term momentum are fully aligned. While traders can manually add three Moving Averages to a chart, identifying the exact moment all three align (the "Perfect Stack") can be visually difficult during live trading. This script automates that process, converting complex line crosses into simple background color zones and providing actionable alerts for the exact moment a trend alignment begins. 🛠 How It Works The script utilizes three customizable Exponential Moving Averages (EMAs) to detect the market bias: Short EMA: Represents immediate price action/momentum. Medium EMA: Represents the intermediate trend. Long EMA: Represents the major trend baseline. Calculations & Logic The indicator checks for a specific hierarchical alignment (Stacking) of these averages: 1. 🟢 Bullish Confluence (Buy Zone):** Returns true when `Short > Medium` AND `Medium >Long`. This confirms that momentum is rising across all three monitored timeframes. 2. 🔴 Bearish Confluence (Sell Zone):** Returns true when `Short < Medium` AND `Medium < Long`. This confirms that momentum is falling across all three monitored timeframes. 3. ⚪ Neutral (No Color): Any other state indicates a choppy or consolidating market where the EMAs are intertwined. --- 🚀 Key Features *Visual Bias Confirmation: The background highlights Green (Bullish) or Red (Bearish) only when the "Perfect Stack" conditions are met. Trend Start Alerts: Unlike standard EMA cross alerts, this script includes custom alert conditions that trigger only on the first bar where the confluence becomes valid. This prevents spam alerts during a prolonged trend. Full Customization: Users can adjust the lengths of all three EMAs to fit specific strategies (e.g., Scalping vs. Swing Trading). Clean Chart Mode: Includes options to hide the EMA lines entirely and rely solely on the background color for a minimalist "Naked Trading" setup. 🎯 How to Use 1. Trend Filter: Use the background color to determine your directional bias. If the background is Green, look only for Long setups on lower timeframes. If Red, look only for Short setups. 2. Breakout Confirmation: If price breaks a key level, wait for the background color to flip. This confirms that the Moving Averages have caught up to the move, validating the breakout strength. 3. Exit Signal: If you are in a trend trade and the background color disappears (turns transparent), it indicates the trend momentum is fading and the EMAs are beginning to cross/compress. ⚙️ Settings EMA Lengths: Default is 20, 50, 100. These can be changed to common combinations like (9, 21, 55) or (50, 100, 200). Visuals: Toggle lines or background colors on/off and adjust transparency to keep your chart readable. --- Disclaimer: This script is for informational purposes only. Past performance of a trend following method does not guarantee future results. Always use proper risk management.
Indicador Pine Script®
por Kodologic
Bullish and Bearish Engulfing (Strength & Trend)This is the final indicator that will show all the “Bullish Engulfing” and “Bearish Engulfing” price action patterns on the chart. There are several indicators that show this type of chart pattern, but this will show you on the chart all the types of engulfing that may exist and differentiated by type (or strength). I have classified 4 types of patterns for strength. Those of strength 1 represent patterns that only incorporate the body of the previous candle, and therefore represent a "base" signal. Those of strength 2 represent patterns that have the close beyond the shadow, but with an open equal to the previous close. Those of strength 3 represent patterns that open beyond the previous close. Those of strength 4 represent patterns in which the body of the candle completely encompasses the previous candle. Trend Filter For a better experience I have also added a trend filter via an exponential moving average adjustable from the settings. So if activated, patterns will only appear if the candle is completely above the moving average. The indicator is completed by alerts that can be activated either via the "any alert function" in which you will receive any alert, or you can choose whether to receive only bullish ones or only bearish ones.
Indicador Pine Script®
por LuTrader_LB
Absorption — Bullish or BearishAbsorption — Bullish or Bearish Only is a lightweight and minimalistic tool designed to identify pure absorption events in the market. It highlights only two conditions: Bullish Absorption • Volume spike • Small candle body • Positive delta behavior (close > open) → Indicates potential buy-side absorption at lows Bearish Absorption • Volume spike • Small candle body • Negative delta behavior (close < open) → Indicates potential sell-side absorption at highs This script intentionally keeps the chart clean by marking only “Bullish” or “Bearish” labels, without any additional visuals, colors, or extra signals. Ideal for traders who want a simple, non-disruptive absorption confirmation tool.
Indicador Pine Script®
por YUHUNGTsai
PDB - RSI Buy & Sell Zones + SMA (PrintDemBandz)PDB - RSI Buy & Sell Zones A clean, upgraded version of the RSI with shaded momentum zones to make entries and exits easier to spot. The background is divided into five color-coded zones so you instantly see when the market is shifting from bullish to bearish momentum. Shaded Zones Explained: | Zone | RSI Range | Zone Meaning | | --------------------------- | --------- | ----------------------------------------------------- | | Strong Buy (Dark Green) | < 30 | Oversold extreme – high probability bounce zone | Buy Zone (Light Green) | 30–40 | Early accumulation & potential reversal area | Neutral (Grey) | 40–60 | No edge zone – stay patient and wait for direction | | Sell Zone (Light Red) | 60–70 | Market heating up – take profit or prepare to short | | Strong Sell (Dark Red) | > 70 | Overbought extreme – high probability correction zone | A dashed midline at 50 helps instantly gauge trend bias (above = bullish, below = bearish). Use this RSI alone or combine with MACD or MA for stronger confirmations. Search "PDB" in the indicators section for more free indicators.
Indicador Pine Script®
por PrintDemBandz
Bull vs Bear Volume(Simplified)Bull vs Bear Volume After experimenting with countless volume-based indicators, I sought a simple way to visualize buying and selling pressure with just two lines—an indicator that stays closely coupled with price action. I went through endless trial and error, building extremely complex volume indicators, only to find that in live trading, errors kept arising and the tools became more hindrance than help. Yet, to enhance the reliability of price indicators, a trustworthy volume measure is indispensable. Even after testing numerous community-shared indicators, I could not find one that met my needs. This led me to a simple idea: process volume only when Close > Open for buying pressure, and Close < Open for selling pressure, while cleaning out the noise. By reflecting only the volume contributing to price movement, the indicator remains stable and intuitive. Implementing this concept, I created an indicator that, among countless volume tools, stands out for its clarity and lack of extraneous functions. Users can freely adjust the sum periods of the Bull and Bear lines, choose line styles, and even enjoy the dynamic color changes when the lines cross. If this indicator can provide even a little assistance in trading, then my purpose is fulfilled.
Indicador Pine Script®
por darwinisgod2
Engulfing Detector [HASIB]Description: Engulfing Detector is a clean and powerful candlestick pattern indicator designed to automatically detect Bullish and Bearish Engulfing setups on any chart and any timeframe. This tool helps traders easily spot reversal zones and potential trend continuation entries by highlighting high-probability engulfing candles with clear visual signals. 🔹 Features: Detects both Bullish and Bearish Engulfing patterns in real time Works on all timeframes and all assets (Forex, Crypto, Stocks, Indices) Customizable color alerts for bullish and bearish signals Lightweight, fast, and optimized for smooth performance Perfect for price action traders and candlestick strategy lovers 📈 Created with precision and simplicity by Hasib, for traders who love clarity and confidence in their charts.
Indicador Pine Script®
por hsf2025
Bullish & Bearish Once Bar PainterThe Bullish & Bearish First Bar Marker is a simple yet powerful indicator designed to highlight the first bullish and bearish bars in a sequence, helping traders identify key momentum shifts in the market. It marks:Bullish Bars: The first bar where the high and low are both higher than the previous bar (high > high and low > low ), painted green with a "Bullish" label. Bearish Bars: The first bar where the high and low are both lower than the previous bar (high < high and low < low ), painted red with a "Bearish" label. To avoid clutter, consecutive bullish or bearish bars are not marked until a non-bullish or non-bearish bar resets the sequence. This makes it ideal for spotting the start of strong upward or downward price movements.
Indicador Pine Script®
por Trading_Andrea
Moons Bearish Pullback Detector# Moons Bearish Pullback Detector ## Overview **Moons Bearish Pullback Detector** is a trend following indicator intended to identify bearish trend pullbacks to enter on price continuation. This indicator is useful for setting watchlist alerts! Configure your pullback rules and have it monitor your watchlist for you. You will be alerted when pullbacks have occurred and are starting to continue in the trend direction. ## How It Works ### Bearish Trend Detection The indicator identifies a bearish trend based on a configurable MA basis ### Pullback Identification Once in a bearish trend, the indicator tracks: Swing Lows: Continuously monitors and updates the lowest point in the trend Pullback Start: Detects the first green candle after establishing new lows Pullback Duration: Monitors pullback length (configurable number of bars) Pullback Depth: Ensures pullbacks don't violate a key moving average (optional) ### Multi-Layer Filtering System The indicator employs several optional filters to ensure signal quality: Volume Filter: Set a minimum daily volume to ensure sufficient liquidity Pullback Duration Filter: Pick a min and max bar count you like to see in a pullback. Pullback Depth Filter: Monitors that pullbacks don't close above the desired EMA, maintaining trend strength Validation Filter: Checks higher timeframe moving average for trend confirmation Context Filter: Analyzes even higher timeframe for broader market context ### Alert System The indicator generates alerts when: All filtering conditions are met Price crosses back below the configured alert line This signals potential continuation of the bearish trend and gives warning to place potential orders ## Key Features ### Alerts The indicator is useful for driving a watchlist alert to notify you when a pullback is starting to continue the trend. ### Visual Elements Bollinger Bands: Optional display of 1 and 2 standard deviation bands Moving Averages: 20 EMA (basis), 50 EMA, and 10 EMA (pullback filter) Trend High Line: Yellow line showing current swing low during pullbacks Alert Line: Entry signal line positioned below swing low Background Highlighting: Gray for normal pullbacks, red tint when rules aren't met Labels: Price labels at swing lows and depth violation warnings Wick Detection: Tags bullish and bearish wicks for helpful spotting in your analysis ### Information Table Comprehensive status table to show the state of your filters and rules as price plays out. ### Configuration Options Moving average settings Display Options Alert Configuration Filter Settings ## Best Use Cases Swing Trading: Identify high-probability entries during trend pullbacks Trend Following: Stay aligned with strong bearish momentum Risk Management: Multiple filters help avoid false signals Multi-Timeframe Analysis: Ensures broader market context alignment ## Trading Applications This indicator works best when: Markets are in clear downtrends Sufficient volume is present Multiple timeframes align Used in conjunction with proper risk management The Moons Pullback Detector provides traders with a systematic approach to identifying and capitalizing on pullback opportunities in strong bearish trends, combining technical rigor with practical usability. --- *Note: This indicator is for educational purposes. Past performance does not guarantee future results. Always use proper risk management and consider multiple factors when making trading decisions.*
Indicador Pine Script®
por ToTheMoonTrading
Bull/Bear Lower Volume (vijayachandru)Bull/Bear Lower Volume (HA + Box + ±15 Lines) This indicator tracks intraday Heikin Ashi candles and highlights the lowest-volume bull/bear candles after 9:25 (IST). When price breaks above/below these candles, a breakout box is drawn with optional ±15 point dashed levels. It plots clear Buy/Sell signals, marks box breakouts, and provides alert conditions for all setups—helping traders spot early intraday breakouts driven by volume shifts
Indicador Pine Script®
por vijayachandru
1
ADR H/L + Bull/Bear TargetsThis indicator calculates the Average Daily/Weekly Range over any given period and plots the Bull and Bear targets for that Session Daily/Weekly or both. Classic targets are calculated at ADR/AWR +/- .50 .75 1.00 1.25. Green is for the + and RED is for the - but colors can been changed to suit. In 'Settings' there is the ability to toggle: 1. How many sessions you want to plotting on your chart. 2. Switching ON/OFF Bull/Bear targets. 3. Line color/thickness 4. Ability to offset Header for ADR/AWR vertically. 5. I've put in there a FIB option as well as Classic. FIB counts are at .382 .50 .618 1.00 of ADR and labelled as such.
Indicador Pine Script®
por ThomasSelby
1