by 
This indicator plots a custom Anchored Volume-Weighted Average Price (VWAP) directly on the price chart along with optional standard deviation bands. Users can anchor the VWAP to standard time periods like sessions, weeks, or months, or to corporate events suc
Indicator · Pine Script v5 · On the chart
Candle Filters
Candle Filters is an overlay indicator that marks bullish and bearish engulfing candles on the price chart.
GitHub stars2on the repository
Pine versionv5runs as is
Lines of code42
Settings6inputs
LicenceNone stated
Last update2 years ago13 Sep 2024
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
A bullish signal requires a prior down candle whose body is engulfed by the current candle near a swing low, while a bearish signal does the reverse near a swing high. Optional filters limit signals by ATR-relative candle size, close above or below an EMA, and a configurable swing lookback. The EMA plots only when that filter is enabled. Alert conditions fire for each pattern. It does not manage trades.
- Bullish and bearish engulfing detection
- Optional ATR candle size filter
- Optional EMA direction filter
- Optional swing high and low filter
- Pattern alert conditions
Details
Published by
Web3Degenerate on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Candlestick patterns, Moving averages, Volatility & bands, Support & resistance
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Max Candle Size | float | 1.0 | maxAtrSize |
| Use ATR Filter? | bool | false | useAtrFilter |
| EMA Length | int | 50 | emaLength |
| Use EMA Filter? | bool | false | useEmaFilter |
| Swing High/Low Lookback | int | 10 | lookback |
| Use Swing High/Low Filter? | bool | false | useHlFilter |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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