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Candlestick reversal indicator
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Created: by Ragdoll Attachments:1

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Candlestick reversal indicator

  #1 (permalink)
Elite Member
Walterboro, South Carolina
 
Futures Experience: Intermediate
Platform: ninjatrader, amibroker, thinkorswim
Favorite Futures: futures
 
Posts: 13 since Aug 2013
Thanks: 1 given, 5 received

Candlestick reversal indicator

Does anyone know if there is a candlestick reversal indicator that combines all the potential candlestick reversal patterns into a single indicator? it seems to me that would be a very handy thing to have. I will try to write one if that wheel has not been invented yet.

Cheers,

Ted

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  #2 (permalink)
Elite Member
Walterboro, South Carolina
 
Futures Experience: Intermediate
Platform: ninjatrader, amibroker, thinkorswim
Favorite Futures: futures
 
Posts: 13 since Aug 2013
Thanks: 1 given, 5 received

Hello all,

I have written the indicator. A few caveats: 1. All the patterns are based on the default settings of the particular pattern presented. 2. These patterns are the result of the Candlestick library within Thinkorswim, I was surprised at how many patterns were identified. 3. There are two modes, delayed and immediate. The delayed mode waits until the next open to display the pattern name while the immediate mode displays the pattern as it is identified. I find the immediate mode useful in daily charts and the delayed mode better for intraday charts. This is my first attempt at writing code for other than my own use. Please let me know if there are improvements to be made.

Hope this is useful,

Ted

Attached Files
Register to download File Type: ts CandlestickReversalPatternsSTUDY.ts (7.6 KB, 438 views)
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The following 4 users say Thank You to Ragdoll for this post:
 
  #3 (permalink)
Trading Apprentice
Green Bay, WI
 
Futures Experience: Beginner
Platform: Thinkorswim
Favorite Futures: Futures
 
Posts: 1 since Apr 2015
Thanks: 1 given, 0 received

help windows media player can not play



Ragdoll View Post
Hello all,

I have written the indicator. A few caveats: 1. All the patterns are based on the default settings of the particular pattern presented. 2. These patterns are the result of the Candlestick library within Thinkorswim, I was surprised at how many patterns were identified. 3. There are two modes, delayed and immediate. The delayed mode waits until the next open to display the pattern name while the immediate mode displays the pattern as it is identified. I find the immediate mode useful in daily charts and the delayed mode better for intraday charts. This is my first attempt at writing code for other than my own use. Please let me know if there are improvements to be made.

Hope this is useful,

Ted


what do I need? StevenJohn

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  #4 (permalink)
Trading Apprentice
Salt Lake City, Utah
 
Futures Experience: Beginner
Platform: TradeStation
Favorite Futures: Piano
 
Posts: 11 since Mar 2015
Thanks: 2 given, 0 received


stevenjohn View Post
what do I need? StevenJohn

The original reply was from August 31st, 2013, 08:54 PM. I'm not sure if he'll get back to you, but best of luck!

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  #5 (permalink)
Trading Apprentice
toronto, canada
 
Futures Experience: None
Platform: tos
Favorite Futures: spy
 
Posts: 1 since Nov 2016
Thanks: 1 given, 0 received


Ragdoll View Post
Hello all,

I have written the indicator. A few caveats: 1. All the patterns are based on the default settings of the particular pattern presented. 2. These patterns are the result of the Candlestick library within Thinkorswim, I was surprised at how many patterns were identified. 3. There are two modes, delayed and immediate. The delayed mode waits until the next open to display the pattern name while the immediate mode displays the pattern as it is identified. I find the immediate mode useful in daily charts and the delayed mode better for intraday charts. This is my first attempt at writing code for other than my own use. Please let me know if there are improvements to be made.

Hope this is useful,

Ted

Thx , that's a big help in learning the scripting. Easy to customize etc. !!!!!

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