DI Simple Price Action

The indicator searches Price Action patterns and puts corresponding labels on a chart. It can display only certain selected patterns.


Determined Patterns:

  1. Inside Bar. Determinative bullish bar
  2. Inside Bar. Determinative bearish bar
  3. BUOVB (engulfing). Bullish setup
  4. BEOVB (engulfing). Bearish setup
  5. DBLHC. Bullish setup (bars with similar Lows and higher closure)
  6. DBHLC. Bearish setup (bars with similar Highs and lower closure)
  7. Pin Bar. Bullish setup
  8. Pin Bar. Bullish setup
  9. Pin Bar. Bearish setup
  10. Pin Bar. Bearish setup


Settings:

  • Color Text - text color
  • Font Size
  • Angle - text turning angle
  • Difference High/low - acceptable difference between Highs and Lows
  • Show Inside Bar - find and display the Inside Bar
  • Show BUOVB - find and display the BUOVB
  • Show BEUOVB - find and display the BEUOVB
  • Show DBLHC - find and display the DBLHC
  • Show DBHLC - find and display the DBHLC
  • Pin-bar - display the Pin Bar
  • Pin-bar Tail - minimum size of the tail
  • Pin-bar Head - maximum size of the head
  • Pin-bar Boby - maximum size of the body
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