The Heikin-Ashi Chart Identifier is an indicator that checks if the current chart uses Heikin-Ashi candles. It tracks matched candles where open equals the average of previous open and close, and verifies no gaps between bars. When conditions match, it display
Indicator · Pine Script v5 · On the chart
Long Lower Shadow - Bullish
This indicator detects a bullish long lower shadow when the lower wick exceeds 75 percent of the candle range.
GitHub stars4on the repository
Pine versionv5runs as is
Lines of code39
Settings1inputs
LicenceNone stated
Last update1 year ago5 Apr 2025
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
Long Lower Shadow - Bullish plots an LLS label below the bar, tints the background blue, and fires an alert titled new pattern detected. The only input changes the bullish label color. Labels sit on the price chart, offset by a fraction of a 30-period ATR. Thresholds for shadow size and candle count are fixed in the code, not user settings. It does not define entries, exits, or risk management.
- Long lower shadow detection
- LLS labels under the bar
- Pattern alert condition
- Blue background highlight
- Adjustable bullish label color
Details
Published by
Hugs-4-Bugs on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Candlestick patterns
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 |
|---|---|---|---|
| Label Color Bullish | color | color.blue | label_color_bullish |
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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