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Indicators and strategies written in Deepwick Script — Pine Script v5 compatible. Add any of them to your chart in one click, fork the open-source ones, backtest them and turn their conditions into alerts.
Bearish Harami: a large green candle followed by a small red candle contained entirely within the prior body. Early warning that buyers are losing conviction. - Red bar colour on the harami bar. - Combine with a bearish confirmation candle on the next bar for entry.
Bullish Harami: a large red candle followed by a small green candle contained entirely within the prior body. Early warning that sellers are losing conviction. - Green bar colour on the harami bar. - Combine with a bullish confirmation candle on the next bar for entry.
Shooting Star: small body at the bottom of the candle with a long upper wick (≥ 60% of range) and a tiny lower wick. Bearish reversal at the top of an uptrend. - Red bar colour highlights the warning. - Watch the next candle — a gap down or weak close confirms.
Hanging Man: hammer shape (small body, long lower wick) that appears at the top of an uptrend instead of a downtrend. Bearish reversal warning. - Only flagged when the prior close is above its 20-SMA (uptrend context). - Red bar colour highlights the warning; confirmation candle is still required.
Hammer: small body at the top of the candle with a long lower wick (≥ 60% of range) and a tiny upper wick. Bullish reversal signal at the bottom of a downtrend. - Triangle marker below the bar + green bar colour. - Most reliable when it forms after a sharp decline and the next candle confirms upward.
Bearish Engulfing: a small green candle followed by a larger red candle whose body fully contains the previous body. Classic reversal at the top of an uptrend. - Triangle marker above the bar + red bar colour when confirmed. - Strongest after an extended rally or at a prior resistance level.
Bullish Engulfing: a small red candle followed by a larger green candle whose body fully contains the previous body. Classic reversal pattern at the bottom of a downtrend. - Triangle marker below the bar + green bar colour when confirmed. - Strongest when it appears at a prior support level or after a sharp sell-off.
Gann HiLo Activator switches its value between yesterday's low (uptrend) and yesterday's high (downtrend) based on where the SMA of close sits. A clean trailing-stop line. - Long when the line is below price and the SMA is rising; short when above and falling. - Used by Gann followers as both entry trigger and trailing exit. - Pair with a longer-term trend filter for swing trades.
Two stacked Supertrends with different factors and lookbacks — the fast one for entries, the slow one for the regime filter. - Only trade in the direction of the slow Supertrend. - Fast Supertrend flips inside the slow Supertrend = high-probability pullback entries. - Four lines on the chart: fast up/down (green/red) and slow up/down (teal/orange).
Elder Impulse System colours price bars green when both EMA(13) and MACD histogram are rising (bulls in control), red when both falling, blue when they disagree. - Stay long in green bars, short in red bars; blue bars are no-trade zones. - Avoids many false signals from a pure EMA cross or pure MACD cross.
Parabolic SAR dots track the trend and accelerate as it matures; when price crosses the dots, the SAR flips to the other side and a reversal is signalled. - Long when dots are below price, short when above. - Lower Increment for tighter stops in fast markets; raise Max for stronger trends. - Pairs well with an ADX filter to avoid choppy reversals.
Classic Supertrend: ATR-based bands that flip direction with the trend — green line under price in an uptrend, red above in a downtrend. - Flip points are marked with triangles and alert on both sides. - Raise the factor for fewer, longer trends; lower it for faster flips. - Works on any market; a 3.0x factor on the daily is the standard starting point.
Volume Filter shades every bar whose volume exceeds mult × SMA(volume, len) — a quick visual mask for 'this is a real participation bar'. - Trade only the green-shaded bars when you want a strict participation filter. - The threshold (mult) is the dial: lower = more bars pass, higher = only the loudest qualify.