A traditional candle only has two colors, either green or red. A TL candle goes one step further, it has three colors: green for bullish (perfectly bullish), red for bearish (perfectly bearish), and yellow for ranging (wake-up, sleeping). A green TL candle means that its close is not only higher than its open but also higher than previous close, previous open and...
––––HISTORY & CREDITS 🏦 The Three Weeks Tight Close pattern is a technical analysis pattern that occurs when a stock closes at nearly the same price for three consecutive weeks, suggesting a period of consolidation before the stock moves in a new direction. The concept of "line of least resistance" as mentioned by Jesse Livermore is closely related to this...
This indicator shows the three and four-bar play which is when price action has a wide igniting bar that has a full body, then one or two narrow bars which have a relatively equal high for long plays and relatively equal low for short plays, then a continuation bar. You should not take plays that will encounter resistance. Jared Wesley is one of the more notable...
Abstract This script measure the related speed between rising and falling. This script can replace binary Falling Three Methods detector and, report continuous value and estimate potential trend direction. My suggestion of using this script is combining it with trading emotion. Introduction Falling Three Methods (F3M) is a candlestick pattern. Many trading...
This script is for three moving averages with as many features as I can possibly fit into a single moving average. Features: - Three moving averages (MA1, MA2, MA3). - Standard MA inputs. - MA type. - MA period. - MA price. - MA resolution (time frame). - Visibility toggle. - MA Candle Type - Fancy MA inputs. - Toggle to show only candles included in the MA...
This is just a simple script to put 3 EMAs on the chart at one time. Saves the trouble of putting the EMA Indicator on 3 times. Default EMA Values are 50 (black), 21 (red) and 8 (blue). Of course you can change the period and color for each EMA to your liking. It is a very simple script that i wrote for my own convenience, but wanted to share it with someone...
This is a modified version of the three line break price representation. It is composed with 2 lines made of Close price values forming a “cloud”. If the trend is bullish and the price breach the lower level of the green cloud, a new bearish trend is taking place. If the current trend is bearish and the price breakout the upper band of ...
This is a three candlestick bullish reversal pattern consisting of a bullish engulfing pattern formed by the first two candlesticks then followed by an up candlestick with a higher close than the prior candlestick. WARNING: - This script to change bars colors.
This is a three candlestick bearish reversal pattern consisting of a bearish engulfing pattern formed by the first two candlesticks then followed by a down candlestick with a lower close than the prior candlestick. WARNING: - This script to change bars colors.
12, 26 and 55 EMA with Crosses feel free to edit :)
Plots 3 EMA from a larger timeframe (day, week) and 3 SMMA from the current one.
Plots 3 exponential moving averages from a bigger timeframe (Day, Week) and 3 smoothed moving averages from the current timeframe.
Based on AdventTrading's TEMA script, but using simple moving averages instead of exponential. Also changed the colours to be nicer.
This script plots three Simple Moving Averages instead of just one. Support me going through grad school! www.linkedin.com BTC tip jar: 1Mv1s7nLaTsRoLai5WXEGg8doisXuiPUXy ETH tip jar: 0x6113DDD23D0D5aCad3d1f8640A8A571E9Cb86cB8 LTC tip jar: LYvyoqTSWxa22TQw3E7818xy4AfYNi6xcm BCH tip jar: 1GC7oZ7MhLkamKCDdZFnUfV21SKWq84VdY
author: maqpie (a.ka. Sanne) date: 26th of October 2017 NOTE: credits go to Brian from TRI 0.23% for the original code and for all that he has taught me. Thanks Brian! How to use this DI Three Thumbs Script script? 1. The first thumb will be the lowest time frame and MUST be equal to or higher than the chart's time frame, e.g. 60 2. The second thumb will be of a...