Bắt đầu

Pin Bar

Fake Pin Bar & Engulfing Pattern DetectorFake Pin Bar & Engulfing Pattern Detector This indicator is designed to detect Fake Pin Bar structures and standard Engulfing candle patterns directly on the chart. A Fake Pin Bar is a price action pattern that appears after price forms a Mother Bar, then one or more Inside Bars, and finally produces a false breakout candle. The signal candle briefly breaks outside the Mother Bar range, but then returns back inside the structure. If that breakout candle also has a strong rejection wick and a relatively small body, the indicator marks it as a Fake Pin Bar. The idea behind this pattern is simple: price attempts to break above or below a consolidation area, fails to continue, and closes back inside the previous range. This can show rejection, trapped breakout traders, or a possible reversal area. How The Indicator Works The script looks for three main components: 1. Mother Bar A candle that defines the main high and low range. 2. Inside Bar Sequence One or more candles after the Mother Bar that remain inside the Mother Bar range. 3. False Breakout Pin Bar The signal candle must break only one side of the Mother Bar range and then return back inside it. For a bearish signal, price breaks above the Mother Bar high and rejects downward. For a bullish signal, price breaks below the Mother Bar low and rejects upward. The indicator also detects standard bullish and bearish Engulfing patterns. An engulfing pattern is detected when the current candle body fully engulfs the previous candle body in the opposite direction. Best Use Cases This indicator is best used as a price action confirmation tool, not as a standalone trading system. It can be useful around: - Support and resistance areas - Supply and demand zones - Previous session highs and lows - Liquidity sweep areas - Consolidation breakouts - Higher timeframe key levels - Trend pullbacks - Range boundaries Fake Pin Bars are generally more meaningful when they appear at important market levels instead of random areas in the middle of a chart. Settings Minimum Wick Ratio Controls how large the rejection wick must be compared to the full candle range. A higher value requires a stronger wick and produces fewer signals. Maximum Body Ratio Controls the maximum allowed candle body size compared to the full candle range. A lower value requires a smaller body and makes the pin bar condition stricter. Maximum Inside Bar Count Defines how many Inside Bars the script can look for after the Mother Bar. A higher value allows the indicator to detect longer consolidation structures. Confirm Signals After Bar Close When enabled, signals are confirmed only after the candle closes. This helps avoid signals changing during the live candle. Require Body Inside Mother Bar When enabled, the signal candle body must return fully inside the Mother Bar range. This makes Fake Pin Bar detection stricter. Show Engulfing Candles Turns standard bullish and bearish Engulfing candle detection on or off. Show Pattern Details Shows or hides the Mother Bar pattern box and high/low guide lines. Label Text Size Changes the size of the Fake Pin Bar signal labels. Inside Bar Area Opacity Controls the opacity of the pattern area shown on the chart. Bullish Candle Color Sets the color used for bullish Engulfing candles. Bearish Candle Color Sets the color used for bearish Engulfing candles. Important Notes This indicator does not place trades, does not calculate stop loss or take profit levels, and does not provide financial advice. Signals should be combined with market structure, trend direction, volume, support/resistance, and proper risk management. No price action pattern is perfect. Fake breakouts and engulfing candles can fail, especially in low-volume or choppy market conditions.
Chỉ báo
của malibuuu
3
Pin Bar Detector [SSFX]Pin Bar Detector is an indicator designed to automatically identify Bullish Pin Bars and Bearish Pin Bars directly on the chart based on candle structure and wick proportions. It is built for price action traders who want a fast and objective way to spot rejection candles without manually checking every bar. The script evaluates each candle using three main components: Body size relative to the full candle range Main wick size Opposite wick size For a Bullish Pin Bar, the indicator looks for candles with: a small body a long lower wick a small upper wick For a Bearish Pin Bar, the indicator looks for candles with: a small body a long upper wick a small lower wick One of the main strengths of this script is its flexibility. Users can adjust how strict the pin bar definition should be through the available inputs: Max body % of candle range: sets the maximum body size allowed relative to the full candle range Min long wick % of candle range: requires the main wick to represent at least a certain percentage of the full candle range Max opposite wick % of candle range: limits the size of the opposite wick so the candle keeps a clean pin bar structure In addition to wick and body structure, the indicator also includes an optional candle color filter for stricter confirmation: Bullish Pin Bar must close bullish Bearish Pin Bar must close bearish This helps filter out candles that visually resemble pin bars but close with weaker confirmation. For visualization, the indicator supports: bullish markers below bullish pin bars bearish markers above bearish pin bars optional text labels optional candle coloring for detected pin bars built-in alert conditions for TradingView alerts This indicator can be useful in many price action situations, such as: spotting reversal candles at support and resistance identifying rejection candles in trending markets combining with market structure, supply and demand, trendlines, or moving averages scanning for price action setups across multiple timeframes Disclaimer: This indicator is for educational and research purposes only. It does not provide financial advice or guarantee trading performance.
Chỉ báo
của SimplySafeFx
AG Pro Pin Bar Quality Filter [AGPro Series]AG Pro Pin Bar Quality Filter Overview / What it does AG Pro Pin Bar Quality Filter is a price-action overlay built to detect pin bar candles and then separate higher-quality rejection candles from weaker or noisier ones. The script does not treat every long-wick candle as equally meaningful. Instead, it evaluates the internal candle structure first, then applies a compact quality framework around volume, recent momentum, and local support/resistance context. The result is a filtered pin bar workflow designed for traders who want cleaner chart annotation rather than a raw pattern dump. This tool focuses on one specific job: identifying rejection candles with a measurable structure and presenting them with a readable quality label directly on the chart. It is intended to help users inspect potential reaction points, not to replace broader market context or execution rules. The visual design is intentionally simple at the core: pin bar body highlighting, wick emphasis, directional markers, and compact quality labels. This makes the script suitable for traders who want candle-based context without converting the chart into a full market-structure dashboard. Unique Edge The distinctive feature of this script is that it does not stop at pattern detection. A standard pin bar script often marks candles only because they have a long wick. This script goes further by checking whether the wick is large enough relative to the body, whether the body itself is small enough relative to the full candle range, and whether one wick clearly dominates the other. That combination helps reduce ambiguous candles that visually resemble pin bars but do not express clean rejection. After the structural test, the script applies a three-part quality model: - volume confirmation - momentum context - support/resistance proximity This creates a practical quality hierarchy rather than a binary pattern label. In other words, the script is not only asking “Is this a pin bar?” but also “How much contextual support does this pin bar have?” An optional piercing check is also available for users who want stricter validation. This adds another layer of selectivity by requiring the candle body to show stronger positional behavior relative to the prior bar. Methodology The script starts by measuring the current candle: - candle body size - full candle range - upper wick length - lower wick length - dominant wick versus body ratio A raw pin bar candidate requires: - a minimum wick/body ratio - a maximum body percentage of full range - directional wick dominance This helps define whether the candle is a legitimate bullish or bearish rejection structure. Bullish pin logic is based on lower-wick dominance. Bearish pin logic is based on upper-wick dominance. Once a raw pin bar is detected, the script evaluates three contextual filters. 1) Volume filter The current volume can be compared against a moving average of volume. This helps identify candles that form with relatively stronger participation. 2) Momentum confirmation The script can check whether recent candles were moving in the opposite direction of the current pin bar. For example, a bullish pin bar becomes more meaningful when it forms after short-term downward pressure, while a bearish pin bar becomes more meaningful after short-term upward pressure. 3) Support / resistance proximity The script tracks pivot-based reference levels and checks whether the pin bar forms close to a recent local support or resistance area, using an ATR-based distance threshold. Each passed filter contributes to the final quality score. This produces a compact tiered output instead of a single undifferentiated signal stream. Signals & Alerts The script can identify: - bullish pin bars - bearish pin bars - higher-quality pin bars based on the selected minimum score Visual elements may include: - body highlighting on detected pin bars - wick emphasis - directional arrow markers - quality labels with contextual details - an information panel summarizing the active state The quality label can display the signal tier and relevant confirmations such as: - wick/body ratio - volume confirmation - momentum confirmation - support/resistance proximity Alert conditions are available for: - bullish pin bars - bearish pin bars - prime-quality pin bars - any valid pin bar that meets the selected score threshold This allows users to align alerts with their own strictness settings rather than monitoring every possible candle manually. Key Inputs Important user controls include: - minimum wick/body ratio - maximum body percentage of full range - wick dominance threshold - optional piercing requirement - volume filter enable/disable - momentum filter enable/disable - support/resistance filter enable/disable - minimum quality score - label size - panel display - maximum number of displayed signals These settings make the script adaptable across different instruments and chart styles. Users who prefer a broader scan can lower the strictness, while users who want fewer but cleaner signals can raise the thresholds. Limitations & Transparency This script is a rule-based candle-quality filter. It is not a market prediction engine, and it does not attempt to classify broader trend structure, liquidity behavior, or macro regime by itself. A pin bar can still fail even when all filters pass. A visually strong rejection candle is not automatically a durable reversal. Context such as higher-timeframe structure, trend state, volatility regime, session behavior, and instrument-specific character still matters. Support and resistance detection in this script is pivot-based and proximity-based. It is designed as a practical contextual filter, not as a complete structural mapping model. Volume behavior also varies by asset and market type. On some instruments, especially where centralized volume data is limited or interpreted differently, the volume filter should be treated as a supplementary input rather than a universal truth test. The momentum check is intentionally compact and local. It is meant to improve candle context, not to replace broader directional analysis. For these reasons, the script is best used as a chart-reading assistant within a larger process, not as a standalone decision framework. Risk Disclosure This script is provided for technical analysis and chart annotation purposes only. It highlights selected pin bar conditions based on user-defined structural and contextual rules. It does not provide financial advice, investment advice, or guaranteed trade outcomes. Markets can remain irrational, trend continuation can invalidate rejection candles, and false positives can occur in all timeframes and asset classes. Users should validate the script on their own instruments, timeframes, and risk models before relying on it in live conditions. Position sizing, stop placement, execution discipline, and overall trade management remain the responsibility of the user. In summary, AG Pro Pin Bar Quality Filter is designed to help traders study rejection candles with more structure, more selectivity, and cleaner on-chart presentation than a basic pin bar marker, while remaining transparent about what the script does and does not do.
Chỉ báo
của AGProLabs
2
Strong Pinbar Reversals MTF | ProjectSyndicateStrong Pinbar Reversals MTF automatically identifies and power-ranks high-probability reversal opportunities by analyzing clusters of institutional pinbar rejections. It filters for quality, calculates a 0-10 strength score for every reversal cluster based on wick purity, cluster density, and candle momentum, and presents all data on the chart and in a comprehensive multi-timeframe dashboard to eliminate noise and focus on reversals that matter. • 🎯 Power-Ranking System (0-10) — every pinbar cluster is given a strength score based on a strict 5-dimensional algorithm that assesses cluster size, average wick purity, minimum wick purity, candle range versus ATR, and time density, providing an instant quality assessment. • 🎨 Strength-Based Color Scheme — reversal zones are colored by their power rank; stronger clusters get darker, more prominent colors for immediate visual hierarchy. • 🧠 Smart Context Detection — automatically ensures that bullish pinbar clusters only fire at local price lows (support) and bearish clusters only fire at local price highs (resistance), completely filtering out fake signals in mid-range consolidation. • 📊 On-Chart Statistics — each reversal zone displays its direction (Bullish/Bearish) and its calculated strength score directly inside the shaded zone. • 🧭 Full MTF Dashboard Display — provides a complete market overview across 7 timeframes (M1, M5, M15, M30, H1, H4, D1), showing the latest reversal signal, its strength, entry/SL/TP levels, and how many bars ago it occurred on that timeframe. The dashboard uses persistent state memory, meaning it is perfectly stable and consistent regardless of the chart you are viewing. • 🔔 Comprehensive Alerts — get notified the moment a new high-strength cluster occurs, with the alert message containing the full details: direction, strength, entry, SL, and TP levels. • ✅ Quality Control Filters — a user-configurable minimum strength score (default 6.0) allows you to filter out weak, low-probability wicks and focus only on institutional-grade reversal clusters. • 🔧 Fully Customizable — control everything from the minimum wick percentage and cluster lookback window to the ADR multipliers for universal zone height and SL/TP placement. • 🎯 Why this algo is unique: Standard pinbar indicators look at single candles and generate massive amounts of false signals in consolidation. This algorithm looks for clusters of rejection (e.g., 3+ pinbars in a tight window) and uses a multi-factor scoring system to quantify the quality of the rejection. It doesn't just show you a wick; it tells you how strong the institutional absorption is. The MTF dashboard provides a complete, stable cross-timeframe perspective that is impossible to achieve with standard single-timeframe indicators. • 🚀 Apply to Gold (XAUUSD), Forex, Crypto, and Indices on any timeframe. The wick percentage and cluster size settings allow it to adapt to anything from scalping (M1/M5) to swing trading (H4/D1). • 🎯 How to use this? Focus on trading opportunities from high-strength reversal clusters rated 7/10 or higher, as these show the highest probability of a structural shift. Use the dashboard to quickly identify which timeframes have active rejection zones, and look for alignment between lower timeframe clusters and higher timeframe support/resistance. • ⚠️ IMPORTANT NOTICE: This indicator is designed to identify high-probability reversal opportunities based on price action rejection. It should NOT be used as a standalone signal for entering trades. Always use it in conjunction with your own trading strategy, market structure analysis, and other technical indicators to confirm trade setups and manage risk.
Chỉ báo
của ProjectSyndicate
PinBar Finder by cryptokazancevEnglish description: This script helps traders identify high-probability reversal points based on price action, specifically Pin Bars — a well-known candlestick pattern used in technical analysis. What does the indicator do? It detects bullish and bearish Pin Bars using a custom method for wick-to-body ratio and filters based on historical volatility (pseudo-ATR). A label appears on the chart with detailed info on wick and body size when a valid signal is found. How does it work? - The indicator calculates a pseudo-ATR based on the percentage range of the last 1000 candles. - It then multiplies this value by a user-defined factor (default: 1.1) to set a dynamic threshold for wick size. - Bullish Pin Bars are detected when the lower wick is at least 1.1 times the body and greater than the dynamic ATR. - Bearish Pin Bars are detected when the upper wick meets similar conditions. - Signals are shown using chart labels with exact wick/body percentages. - Alerts are included for automation or integration with trading bots. How to use it? - Add the indicator to any timeframe and asset. - Use the alerts to notify you when a Pin Bar appears. - Ideal for traders who use candlestick reversal strategies or combine price action with other confluence tools. - You can adjust the wick length multiplier to fit the volatility of the instrument. What makes it original? Unlike many public scripts that use fixed ratios, this script adapts wick length detection based on recent volatility (pseudo-ATR logic). This makes it more dynamic and suitable for different markets and timeframes. Описание на русском: Этот скрипт помогает трейдерам находить точки потенциального разворота на основе прайс-экшена, а именно — свечного паттерна «Пин-бар». Индикатор автоматически определяет бычьи и медвежьи пин-бары с учетом адаптивных параметров волатильности. Что делает индикатор? Скрипт ищет свечи, у которых тень в несколько раз превышает тело (пин-бары), и отображает на графике точную информацию о длине тела и тени. Это полезно для трейдеров, использующих свечные сигналы на разворот. Как работает? - Рассчитывается псевдо-ATR по 1000 последним свечам на основе процентного диапазона high-low. - Этот ATR умножается на заданный множитель (по умолчанию: 1.1), чтобы динамически задать минимальную длину тени. - Бычий пин-бар определяется, когда нижняя тень больше тела в 1.1 раза и превышает ATR. - Медвежий пин-бар — аналогично, но для верхней тени. - Индикатор отображает лейблы с точными значениями тела и тени. - Реализованы условия для оповещений (alerts). Как использовать? - Добавьте индикатор на нужный график и таймфрейм. - Настройте alerts, чтобы не пропустить сигналы. - Особенно полезен для трейдеров, работающих со свечным анализом, стратегиями разворота, а также в сочетании с другими индикаторами. В чем оригинальность? В отличие от многих скриптов, использующих фиксированные параметры, здесь используется динамический расчет длины тени на основе волатильности. Это делает скрипт адаптивным к рынку и таймфрейму.
Chỉ báo
của cryptokazancev
StO Price Action - Level ReactionShort-Summary - Multi-timeframe reaction indicator for M5, M15, M30, H1, H4 - Monitors price interaction with higher timeframe levels (Daily, Weekly, H4) - Detects whether price touches or breaks choosen levels - Fully configurable colors, visibility and alerts per timeframe and level type Full Description Overview - Tracks market reaction on significant levels across multiple timeframes - Designed to identify intraday reactions to higher timeframe structure - Supports both bullish and bearish reactions, with separate visual cues - Alerts can be enabled to notify traders of touches or breaks Core Logic - Choice between detecting a touch or a break of the level - Configurable reference level: Open, High or Low - Lookback period can be set to target specific levels from previous candles Timeframe Reactions - Supported intraday reaction timeframes: M5, M15, M30, H1, H4, Daily, Weekly - Each reaction type can be individually toggled for display - Bullish and bearish reactions have separate color settings - Alerts configurable per timeframe and reaction type Alerting - Alerts can be triggered for touches or breaks - Supports separate alerts for each timeframe and each direction (bull/bear) - Useful for real-time monitoring of key level interactions Notes - Intended as a market reaction tool not a standalone entry signal - Helps traders confirm if price respects or violates higher timeframe levels
Chỉ báo
của sto_svc
Salman Indicator: Multi-Purpose Price ActionSalman Indicator: Multi-Purpose Price Action Tool for Pin Bars, Breakouts, and VWAP Anchoring This indicator provides a comprehensive suite of price action insights, designed for active traders looking to identify key market structures and potential reversals. The script incorporates a Quarterly VWAP for trend bias, marks pin bars for possible reversal points, highlights outside bars for volatility signals, and indicates simple breakouts and pivot-level breaks. Customizable settings allow for flexibility in various trading styles, with default settings optimized for daily charts. Outside Bars : Represented by an ⤬ symbol on the chart, these indicate bars where the current high is greater than the previous bar’s high, and the low is lower than the previous bar’s low, signaling high volatility and potential market reversals. Pin Bars : Denoted by a small dot at the top or bottom of a candle’s wick, these are crucial signals of potential reversal areas. Pin bars are identified based on the percentage length of their shadows, with adjustable strictness in settings. Quarterly VWAP : The light blue line on the chart represents the VWAP (Volume-Weighted Average Price), which is anchored to the Quarterly period by default. The VWAP acts as a directional bias filter, helping you to determine underlying market trends. This period, source, and offset are fully adjustable in the script’s settings. Simple Breaks : Hollow candles on the chart indicate "simple breaks," defined when the current bar closes above the previous high or below the previous low. This is an effective way to highlight directional momentum in the market. Bonus Pivot Breaks : The tilde symbol ~ appears when the price closes above or below prior pivot high/low levels, helping traders spot significant breakout or breakdown points relative to recent pivots. Alerts Simple Breaks : Alerts you when a breakout occurs beyond the previous bar’s high or low. Pin Bars : Notifies you of potential reversal points as indicated by bullish or bearish pin bars. Outside Bars : Triggers an alert whenever an outside bar is detected, indicating possible volatility changes. How to Use VWAP for Trend Bias : Use the Quarterly VWAP line to gauge overall market trend, with settings that allow adjustment to daily, weekly, monthly, or even larger time frames. Pin Bars for Reversal Potential : Look for the dot markers on candle wicks, where the strictness of the pin bar detection can be adjusted via settings to match your trading preference. Simple and Pivot Breaks for Momentum : Watch for hollow candles and the tilde symbol ~ as indicators of potential breakout momentum and pivot break levels, respectively. This script can serve traders on multiple timeframes, from daily to weekly and beyond. The flexible configuration allows for adjustments in VWAP anchoring and pin bar criteria, providing a tailored fit for individual trading strategies.
Chỉ báo
của luc_crypto
2
Price Action StrategyThe **Price Action Strategy** is a tool designed to capture potential market reversals by utilizing classic reversal candlestick patterns such as Hammer, Shooting Star, Doji, and Pin Bar near dinamic support and resistance levels. ***Note to moderators - The moving average was removed from the strategy because it was not suitable for the strategy and not participating in the entry or exit criteria. - The moving average length has been replaced/renamed by the support/resistance lenght. - The bullish engulfing and bearish engulfing patterns were also removed because in practice they were not working as entry criteria, since the candle price invariably closes far from the support/resistance level even considering the sensitivity range. There was no change in the backtest results after removing these patterns. ### Key Elements of the Strategy 1. Support and Resistance Levels - Support and resistance are pivotal price levels where the asset has previously struggled to move lower (support) or higher (resistance). These levels act as psychological barriers where buying interest (at support) or selling interest (at resistance) often increases, potentially causing price reversals. - In this strategy, support is calculated as the lowest low and resistance as the highest high over a 16-period length. When the price nears these levels, it indicates possible zones for a reversal, and the strategy looks for specific candlestick patterns to confirm an entry. 2. Candlestick Patterns - This strategy uses classic reversal patterns, including: - **Hammer**: Indicates a buy signal, suggesting rejection of lower prices. - **Shooting Star**: Suggests a sell signal, showing rejection of higher prices. - **Doji**: Reflects indecision and potential reversal. - **Pin Bar**: Represents price rejection with a long shadow, often signaling a reversal. By combining these reversal patterns with the proximity to dinamic support or resistance levels, the strategy aims to capture potential reversal movements. 3. Sensitivity Level - The sensitivity parameter adjusts the acceptable range (Default 0.018 = 1.8%) around support and resistance levels within which reversal patterns can trigger trades (i.e. the closing price of the candle must occur within the specified range defined by the sensitivity parameter). A higher sensitivity value expands this range, potentially leading to less accurate signals, as it may allow for more false positives. 4. Entry Criteria - **Buy (Long)**: A Hammer, Doji, or Pin Bar pattern near support. - **Sell (Short)**: A Shooting Star, Doji, or Pin Bar near resistance. 5. Exit criteria - Take profit = 9.5% - Stop loss = 16% 6. No Repainting - The Price Action Strategy is not subject to repainting. 7. Position Sizing by Equity and risk management - This strategy has a default configuration to operate with 35% of the equity. The stop loss is set to 16% from the entry price. This way, the strategy is putting at risk about 16% of 35% of equity, that is, around 5.6% of equity for each trade. The percentage of equity and stop loss can be adjusted by the user according to their risk management. 8. Backtest results - This strategy was subjected to deep backtest and operations in replay mode on **1000000MOGUSDT.P**, with the inclusion of transaction fees at 0.12% and slipagge of 5 ticks, and the past results have shown consistent profitability. Past results are no guarantee of future results. The strategy's backtest results may even be due to overfitting with past data. 9. Chart Visualization - Support and resistance levels are displayed as green (support) and red (resistance) lines. - Only the candlestick pattern that generated the entry signal to triger the trade is identified and labeled on the chart. During the operation, the occurrence of new Doji, Pin Bar, Hammer and Shooting Star patterns will not be demonstrated on the chart, since the exit criteria are based on percentage take profit and stop loss. Doji: Pin Bar and Doji Shooting Star and Doji Hammer 10. Default settings Chart timeframe: 20 min Moving average lenght: 16 Sensitivity: 0.018 Stop loss (%): 16 Take Profit (%): 9.5 BYBIT:1000000MOGUSDT.P
Chiến lược
của felipemiransan
7
P.I.B. System (Pin Bar | Inside Bar) // AlgoFyreThe "P.I.B. System (Pin Bar | Inside Bar)" identifies bullish and bearish pin bars and inside bars on a price chart. It highlights potential market reversals by plotting labels and colorizing bars, providing traders with visual cues for better decision-making. Description The "P.I.B. System (Pin Bar | Inside Bar)" script is designed to help traders identify potential reversal points in the market by detecting bullish and bearish pin bars and inside bars. A pin bar is a candlestick pattern that indicates a potential reversal, characterized by a small body and a long wick. Inside bars are candlestick patterns where the current bar's high and low are within the previous bar's range, indicating potential consolidation before a breakout. This script allows customization of various parameters to fine-tune the identification of pin bars and inside bars. When a pin bar or an inside bar is detected, the script plots a label on the chart and colorizes the bars to highlight these patterns. This tool is useful for traders looking to identify potential reversal points and make informed trading decisions. Explanation of All Options Pin-Wick Size Ratio Minimum Value : The minimum ratio of the wick size to the total candle size for a pin bar to be considered valid. Default is 0.66. Candle Body Size Ratio Maximum Value : The maximum ratio of the body size to the total candle size for a pin bar to be considered valid. Default is 0.4. Handle-Wick Wick Size Ratio Maximum Value : The maximum ratio of the opposite wick size to the total candle size for a pin bar to be considered valid. Default is 0.4. Filter Out Small Candles : Option to filter out small candles based on the previous candle's size. Default is true. Small Candle Size Ratio : The ratio used to determine if a candle is considered small compared to the previous candle. Default is 2.0. Identify Inside Bars : Option to identify inside bars following a pin bar. Default is true. Show Only P.I.B. : Option to show only the bars where a pin bar is followed by an inside bar. Default is true. Hide Horizontal Rays : Option to hide horizontal rays drawn from the last identified pin bars. Default is false. How to Use To use this script, add it to your chart. Customize the input parameters to match your trading strategy. The script will automatically identify and highlight bullish and bearish pin bars and inside bars on the chart. Use the visual cues provided by the labels and colorized bars to make informed trading decisions.
Chỉ báo
của AlgoFyre
2
Candlesticks Patterns [TradingFinder] Pin Bar Hammer Shooting🔵 Introduction Truly, the title "TradingView" doesn't do justice to this excellent website, and that's why I've written about its crucial aspect. In this indicator, the identification of all candlesticks known as "Pin bars" is explored. These candlesticks include the following: - Hammer : A Pin bar formed at the end of a bearish trend, with its body being either bearish or bullish. - Shooting Star : Formed at the end of a bullish trend, with its body being either bearish or bullish. - Hanging Man : Formed during an upward trend, characterized by a candle with a lower shadow. - Inverted Hammer : Formed during a downward trend, characterized by a candle with an upper shadow. 🟣 Important : For ease of use, we refer to these four candlestick patterns as Pin Bars and categorize them into the main friends "Bullish" and "Bearish." 🟣 Important : In all sources, Hanging Man and Inverted Hammer are referred to as "Reversal candles." However, in reality, whenever they appear after breaking a significant area (Break Out), we expect these candles to signal a continuation of the trend and confirmation in the direction of the trend. 🟣 Important : One of the best signs of market manipulation and entry by market giants is the "Ice Berg." So, it provides one of the best trading opportunities. 🔵 Reason for Creation Many traders, especially volume traders, use Pin bars as confirmation and enter the market after their occurrence. In this indicator, all four patterns are identified and displayed in a colored candle format, using "triangle" and "circle." When they are evident on the chart, directly or by drawing a horizontal line, they give us good alerts for reversal or continuation areas. 🔵 Information Table 1. Red circle: Pin bars formed in a downtrend. 2. Blue circle: Bullish Pin bars formed in an uptrend. 3. Black triangle: Bearish Pin bar candle in an uptrend. 4. Blue triangle: Bullish Pin bar candle in a downtrend. 🔵 Settings Trend Detection Period: A special feature that considers smaller or larger fluctuations. If individual price waves need to be considered, use lower numbers; if the overall trend direction is desired, use larger numbers (e.g., 5-7 or higher). This precisely sets the Zigzag or Pivot format, not displayed but considered in the indicator calculation. Trend Effect : By changing the Trend Effect status to "Off," all Pin bars, whether bullish or bearish, are displayed regardless of the current market trend. If the status remains "On," only Pin bars in the direction of the main market trend are shown. 🟣 Important : Black triangles "Number 3" and blue triangles "Number 4" displayed in the information table section, as explained in the "Information Table" section. Show Bullish Pin Bar : When set to "Yes," displays bullish Pin bars; when set to "No," does not display them. Show Bearish Pin Bar : When set to "Yes," allows the display of bearish Pin bars; when set to "No," does not display them. Bullish Pin Bar Setting : Using the "Ratio Lower Shadow to Body" and "Ratio Lower Shadow to Higher Shadow" settings, you can customize your bullish Pin bar candles. Larger numbers impose stricter conditions for identifying bullish Pin bars. Bearish Pin Bar Setting : Using the "Ratio Higher Shadow to Body" and "Ratio Higher Shadow to Lower Shadow" settings, you can customize your bearish Pin bar candles. Larger numbers impose stricter conditions for identifying bearish Pin bars. Show Info Table : Allows the display or non-display of the information table (located at the bottom of the page and on the right side). 🔵 How to Use At the end of a downtrend, look for "Hammer" candles, easily identified one by one. To identify the "Shooting Star" candle pattern at the end of an uptrend; expect a price reversal in the downtrend. For trades in the downward direction, wait for the formation of an "Inverted Hammer" Pin bar. And finally, in an uptrend, where a "Hanging Man" candle can form. 🔵 Features For better visualization, triangles and circles are used above the candles, but they can be easily removed. All Pin bars are displayed in color with the following meanings: - Black-bodied candle: Inverted Hammer - Turquoise blue candle: Hammer - Pink candle: Hanging Man - Red candle: Shooting Star 🟣 Important : The capability to detect the powerful two-candle pattern "Tweezer Top" at the end of an uptrend emerges by forming two "Shooting Star" candles side by side. Similarly, the two-candle pattern "Tweezer Bottom" is created at the end of a downtrend with the formation of two "Hammer" candles side by side. To identify the "Tweezer" pattern, make sure the settings in the "Trend Effect" section are set to "Off." 🟣 Auxiliary Indicators During the start of trading sessions such as Asia, London, and New York, where the highest liquidity exists, alongside this indicator, you can use the Trading Sessions indicator. Sessions The combination of Order Blocks "-OB" and "+OB" with candles is one of the best trading methods. The indicator that identifies order blocks, along with this indicator, can yield remarkable results in the success of Pin bar candles. Order Blocks Finder The trading toolset "TFlab" presents this indicator. To benefit from all indicators, we invite you to visit our page " TFlab Scripts ".
Chỉ báo
của TradingFinder
2
Pin Bar, Inside Bars and Engulfing Candle SticksIntroducing the Candlestick Pattern Plotter, a comprehensive TradingView indicator designed to elevate your technical analysis by automatically identifying and plotting three essential candlestick patterns – Pin Bars, Engulfing Candles, and Inside Bars. This powerful tool equips traders with a holistic view of market dynamics, enabling them to make informed decisions based on key price action signals. Pin Bar Identification: The indicator adeptly recognizes Pin Bars, a pivotal candlestick pattern characterized by a small body and a long wick in the opposite direction of the prevailing trend. Pin Bars are instrumental in signaling potential trend reversals or continuations, providing crucial insights for strategic decision-making. Engulfing Candle Detection: Identify Engulfing Candles effortlessly with this indicator, showcasing instances where the body of one candle fully engulfs the body of the previous candle. Engulfing Candles serve as powerful reversal indicators, offering valuable insights into shifts in market sentiment and potential trend reversals. Inside Bar Recognition: The indicator goes beyond traditional patterns by identifying Inside Bars, where the range of a candle is entirely within the previous candle's high and low. Inside Bars often signify consolidation or a period of indecision in the market, providing traders with crucial information about potential breakouts or reversals. Seamlessly integrate the Candlestick Pattern Plotter into your TradingView chart, enjoying a user-friendly interface for swift interpretation of candlestick patterns. Toggle the display of Pin Bars, Engulfing Candles, and Inside Bars on and off with ease, allowing you to focus on the specific patterns most relevant to your analysis. Real-Time Alerts: Stay ahead of the market with real-time alerts that notify you when a Pin Bar, Engulfing Candle, or Inside Bar is identified on the chart. Timely notifications keep you informed, ensuring you never miss a potential trading opportunity based on these crucial candlestick patterns. Enhance your trading strategy with the precision of Pin Bars, Engulfing Candles, and Inside Bars, seamlessly integrated into your analysis through the Candlestick Pattern Plotter. Gain a comprehensive understanding of market movements and make well-informed decisions in real-time.
Chỉ báo
của Adam-Robinson
7
PinBar and Bloom Pattern Concept (Zeiierman)█ Overview The Precision PinBar and Bloom Pattern Concept by Zeiierman introduces two new patterns, which we call the Bloom Pattern and the Precision PinBar Pattern. These patterns are used in conjunction with market open, high, and low values from different periods and timeframes. Together, they form the basis of the "PinBar and Bloom Pattern Concept." The main idea is to identify key bullish and bearish candlestick patterns around key levels plotted on the chart. The key levels are the Open, High, and Low from the current and previous periods of the selected timeframe. Users can choose how many previous periods to be drawn on the chart. █ How It Works The indicator operates by analyzing market data over selected timeframes. It uses inputs such as previous period open-high-low lines, timeframe selections, and pattern detection settings like Symmetry Precision and Range Threshold. These parameters allow the indicator to identify specific market conditions, including symmetrical movements in price and significant price range deviations, which form the basis of the Bloom and Precision PinBar patterns. Symmetry Signal: Purpose: To detect symmetry in price movements based on a precision threshold. How It Works: This function calculates the symmetry of high and low prices within the specified precision. It returns two boolean values indicating whether the high and low prices are within the symmetry precision. BaselineBound Pattern: Purpose: To identify bullish or bearish patterns based on a range factor. How It Works: The function calculates whether the current close price is within a certain range of the high-low difference of the previous period. It returns bullish and bearish signals based on these calculations. █ ● Bloom Pattern The Bloom Pattern is a unique candlestick pattern designed to identify significant trend reversals or continuations. It's not a single candlestick formation but a combination of a few elements that signal a potential strong move in the market. ⚪ Previous and Current Candle Analysis: The Bloom Pattern looks at the relationship between the current candle and the previous one. It checks whether the current candle's body (the range between its opening and closing prices) fully encompasses the body of the previous candle. This condition is known as "embodying." ⚪ Baseline Bound: The Baseline Bound concept involves comparing the closing price to a range established by the high and low of the previous candle, adjusted by a factor (the rangeFactor). This helps in identifying if the current price is showing a bullish or bearish tendency relative to the previous period's price movement. ⚪ Symmetry Signal: Additionally, it uses the Symmetry Signal, which measures the symmetry between the high and low prices of two consecutive candles. ⚪ Bullish and Bearish Signals: The combination of these conditions (embodying, baseline bound, and symmetry) results in either a bullish or bearish signal. A bullish signal suggests a potential upward trend, while a bearish signal indicates a possible downward trend. █ ● Precision PinBar Pattern The Precision PinBar Pattern is a refined version of the traditional Pin Bar, a well-known candlestick pattern used in trading. This pattern focuses on identifying market reversals with a high degree of accuracy. ⚪ Identification of Pin Bars: The function first identifies a pin bar, characterized by a small body and a long wick. The long wick indicates a rejection of certain price levels, and the small body shows little change between the opening and closing prices. ⚪ Tail and Body Length Analysis: The script calculates the length of the bar's tail (wick) and compares it to the length of the body. A qualifying pin bar typically has a tail at least three times longer than its body, suggesting a strong rejection of prices. ⚪ Positioning and Thresholds: Open-Close Position: The function checks whether the opening and closing prices are within a certain threshold of the high or low of the bar, which helps in distinguishing between bullish and bearish pin bars. ⚪ Baseline Bound and Symmetry: Like the Bloom Pattern, it incorporates Baseline Bound and Symmetry Signal concepts to validate the significance of the pin bar. ⚪ Bullish and Bearish Signals: Depending on these factors, a bullish or bearish pin bar is identified. A bullish PinBar suggests potential upward price movement, while a bearish PinBar indicates possible downward price movement. █ How to Use Using the Bloom and Precision PinBar patterns in conjunction with key market levels, such as previous highs and lows, can be a powerful strategy for traders. These market levels often act as significant points of support and resistance, and combining them with the patterns can offer strong trade signals. Here's how traders can effectively utilize these patterns: Identifying Key Market Levels Previous Highs and Lows: These are the highest and lowest points reached in previous trading periods and are often considered strong levels of resistance (in the case of previous highs) and support (in the case of previous lows). Using the Bloom Pattern Near Previous Highs (Resistance): If a Bloom Pattern emerges near a previous high, it could indicate a potential bearish reversal. Traders might interpret this as a signal to consider short positions, especially if the pattern shows bearish characteristics. Near Previous Lows (Support): Conversely, a bullish Bloom Pattern near a previous low could suggest a trend reversal to the upside. This could be a signal for traders to consider long positions. Using the Precision PinBar Pattern Precision PinBar at Resistance: A bearish Precision PinBar appearing near a previous high can be a strong signal for a potential downward move. This setup is often used by traders to enter short positions, anticipating a price rejection at this resistance level. Precision PinBar at Support: Similarly, a bullish Precision PinBar at or near a previous low suggests that the market is rejecting lower prices, indicating potential upward momentum. This is typically used by traders as a cue to go long. █ Settings Previous Open-High-Low Lines: Determine the number of historical periods to analyze. Settings include toggling the visibility of lines and labels and specifying the number of periods. Timeframe & Current Period: Select the timeframe for current market analysis. Options include different timeframes (e.g., 1H, 1D) and customization of line styles and colors. Pattern Settings: Adjust the Symmetry Precision and Range Threshold to fine-tune the indicator's sensitivity to specific market movements. Bloom & Precision PinBar Pattern: Enable or disable the detection of specific patterns and customize the visual representation of these patterns on the chart. ----------------- Disclaimer The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
Chỉ báo
của Zeiierman
17
Hammer and inverted Hammer The "Hammer and Inverted Hammer" indicator is straightforward and effective. It automatically spots key candlestick patterns for you, making it easier to see potential market turns. You can also adjust a few settings to fit your trading style. Simple, yet quite handy for traders! Alerts for Hammer Pattern: When the script identifies a Hammer pattern, it can trigger an alert. This is particularly useful if you're looking for potential bullish reversal signals and don't want to miss them. Alerts for Inverted Hammer Pattern: Similarly, when an Inverted Hammer pattern is detected, the script can also trigger an alert. This is helpful for spotting potential bearish reversal signals. SETTINGS EXPLAINED Minimum Lower Tail Length (%): This setting allows you to define what percentage of the total candle size should be considered a significant lower tail. This is important for identifying the Hammer pattern. Number of Consecutive Candles (for Lower Tails): This input lets you choose how many consecutive candles with significant lower tails must be present to identify a pattern. Percentage of Candle Below Previous Low: This setting determines what percentage of the candle's range must extend below the lowest low of a specified number of previous candles. It's used to assess the significance of a Hammer pattern. Number of Previous Candles for Lowest Low: This decides how many previous candles the script should look at to calculate the lowest low, which is then used in the Hammer pattern analysis. Minimum Upper Tail Length (%): Similar to the lower tail setting, this defines the significant length of an upper tail, used for identifying the Inverted Hammer pattern. Number of Consecutive Candles (for Upper Tails): This input is for setting how many consecutive candles with significant upper tails are required to confirm an Inverted Hammer pattern. Percentage of Candle Above Previous High: This setting is used to determine how much of the candle's range must be above the highest high of a set number of previous candles, aiding in the identification of the Inverted Hammer pattern. Number of Previous Candles for Highest High: It specifies the number of past candles to consider for calculating the highest high, which is important for the analysis of Inverted Hammer patterns. These settings allow you to customize how the script identifies Hammer and Inverted Hammer patterns, making it adaptable to different trading strategies and market conditions.
Chỉ báo
của FogWalkerTrader
1
Trend Pinbar PT49 by CuancuanIdea Behind: Buying the short-term trend that shows a pin-bar candlestick pattern. Meant to be traded on a daily chart / higher timeframe. To determine the short-term trend we use short EMA such as 8-16-30 and check the slope of each one, and definitely, the shorter one must be above the longer one for an uptrend. Vice versa for a downtrend. To determine a pin-bar candlestick, I calculate that the body size (open to close) is at maximum a-third of the candle size (high to low). Besides that, I ensure that the close of the candle is above the shortest MA for bullish and below it for bearish. As extra filters to reduce trade numbers: 1. Longer MA Filter = You can turn it off if you think the higher timeframe filter is unnecessary. 2. Slope Filter = To ensure the slope of the shorter MA is steeper rather than the mid-MA. 3. Size Filter = To check whether the overall candle size (high to low) is bigger than the ATR number. When the size filter is turned on, it removes small insignificant candles. PS: Don't trade anything live unless you find it comfortable after backtesting it by yourself .
Chỉ báo
của TradingTradingCuanCuan
1
Pin Candle DetectionPin candles are a variation of hammer candles that are useful in technical analysis . In particular, when combined with volume profile studies, they can be a powerful set up for long entries or other decision making. For example, when looking at volume profiles, a long entry would be a fair value area (i.e. 40%) below the close of a pin candle. When combined with a support level , the set up is stronger. While most scripts look for hammer candles, pin candles are somewhat different in that the length of the wick is significant. This script and its parameters was built for ES futures 15 min chart in mind. This script is unique in that it allows for the below parameters to be adjusted to suit other instruments and timeframes: 1. Fib level: Candle must close within a certain retracement level). My preference is 0.55. Some traders like 0.5, while others prefer 0.33 2. Wick length: Pin candles differ from pure hammers in that the length of the wick must be significant. My preference is 7 points on ES (as in $ and not ticks) Add this script to your alerts to no longer miss these set ups.
Chỉ báo
của xfuturesgod
Engulfing Pinbar [serkany88]This is an experimental candlestick pattern that combines pinbars and engulfing patterns as my own implementation. These signals can be used as a possible reversal points based on timeframe used or set wick size. Of course these signals should never be used on their own but rather can be used as another confluence of possible entry signal. Functional and Manual alerts provided with simple and clean code. TLDR: Use as a possible reversal point for your entries in combination with your trend and volatility filters. Green means possible bullish move, Red means possible bearish move.
Chỉ báo
của serkany88
13
PinBar Detector [Mr_Zed]Pinbar Detector is a technical analysis tool designed to detect Pinbar patterns in financial markets. Pinbars are reversal patterns that indicate a potential change in trend. This indicator is based on an existing Pinbar detector in MQ4/5 format, originally developed by "earnforex". The PineScript version is written to work in TradingView, and can be applied to any chart to identify Pinbar formations. The indicator uses specific criteria to identify Pinbars, such as the length of the wick and the relationship between the wick and the body of the candlestick. By displaying the Pinbars on the chart, traders can make informed decisions about entering or exiting trades based on their analysis of the market's potential trend reversal. enjoy !
Chỉ báo
của Indicator_Wizard
2
Bollinger Band with Moving Average & Pin BarsThis indicator was specifically built to be used for trading the Scalpius Trading System promoted by @scottphillipstrading. Additionally I've added Daily and Weekly Highs, Lows and Central Pivot lines The central indicators used in the Scalpius trading system which are included here are: The Bollinger Band, chart plotting of Pin Bars (Hammers & Shooting Stars) and an Exponential Moving Average. In the settings the user has the option select EMA, SMA or WMA along with desired length, the default settings are 8EMA as per the Scalpius system rules. Also the Bollinger Band settings can be amended by the user and the Pin Bar chart plots and daily + weekly high and low plots can be removed by the user.
Chỉ báo
của gary_trades
Pinbar IndicatorHello everyone, this is a simple script for determining a qualified Pinbar (1) Indicator introduction This indicator can combine multiple K-lines and determine whether the combined K-line is a qualified Pinbar Supports the calculation of Pinbar strength and filters out undesirable Pinbars by a minimum threshold (2) Parameter introduction - Pinbar Pattern Draw Pinbar Pattern Alert?: Display the Pinbar label or not Pinbar Statistic Period: The statistic bars for calculating average values Max Merged Bars: Maximum number of merged bars, default is 2 Min Pinbar Strength: Minimum Pinbar strength, default is 1.5 Happy trading and enjoy your life! ———————————————————————————————————————— 各位朋友大家好，这是一个用于判断 Pinbar 的简单脚本 (1) 指标说明 该指标可以合并多跟 K线，然后判断合并后的 K 线是否是一个合格的 Pinbar 支持 Pinbar 强度的计算，并通过一个最低阈值过滤掉不理想的 Pinbar (2) 参数说明 - Pinbar Pattern Draw Pinbar Pattern Alert?: 是否需要显示 Pinbar 标签 Pinbar Statistic Period: 用于统计 Pinbar 的平均量的 bar 数量 Max Merged Bars: 最大合并 bar 的数量，默认为 2 Min Pinbar Strength: 最小的 Pinbar 强度，默认为 1.5 祝大家交易愉快
Chỉ báo
của dandrideng
4