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
Marubozu Finder
Marubozu Finder identifies classic bullish and bearish Marubozu candlestick patterns based on the previous completed bar.
GitHub stars20on the repository
Pine versionv5runs as is
Lines of code13
Settings0inputs
LicenceApache-2.0
Last update2 years ago30 Apr 2024
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 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
13 lines of Pine Script v5 from Pinescrips/maribouzu-candle.txt, published under Apache-2.0. Keep the author's credit and licence lines when you reuse it.
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © Sofien-Kaabar
//@version=5
indicator("Marubozu Finder", overlay = true)
bullish_marubozu = close[1] > open[1] and high[1] == close[1] and low[1] == open[1]
bearish_marubozu = close[1] < open[1] and high[1] == open[1] and low[1] == close[1]
plotshape(bullish_marubozu, style = shape.triangleup, color = color.green, location = location.belowbar, size = size.small)
plotshape(bearish_marubozu, style = shape.triangledown, color = color.red, location = location.abovebar, size = size.small)
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Overview
Marubozu Finder detects a bullish Marubozu when the previous bar's high equals its close and its low equals its open. Conversely, a bearish Marubozu is detected when the previous high equals its open and the low equals its close. The script plots green triangles below the bar for bullish patterns and red triangles above for bearish patterns directly on the main price chart. It offers no customizable input parameters.
- Bullish Marubozu detection
- Bearish Marubozu detection
- On-chart signal plotting
Details
Published by
Tikam02 on GitHub
Code credit
Sofien-Kaabar, as written in the script's header
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.
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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