Secondary Chart with OverSized Candles

15 thg 1, 2022

Hi everyone, I'm sharing a simple script I made for a friend. He was looking for a way to add another asset to his chart, and monitor relevant movements \ spot eventual correlation, especially when trading Cryptocurrencies.
We couldn't find a similar script already available so here it is - the code is commented and I hope it's clear enough :)

Notes:
- The parameter scale = scale.left keeps the scales separated and therefore the chart is more organized, otherwise the chart would appear flat if the price difference is too big (e.g. BTC vs XRP)
- It is possible to have the script running in a separate panel (instead of overlay) by moving it to a new pane (when added to the chart) or by removing the parameter overlay = true at the beginning of the code.
- In case you wish to add indicators to this sub-chart (e.g. Bollinger Bands, EMA, etc..) you can do that by adding the relevant code and feed it with the variables OPEN \ HIGH \ LOW \ CLOSE as well as using the same method to retrieve new variables from the target asset with the request.security function.

Hope this comes handy.
Val - Protervus

15 thg 1, 2022

Phát hành các Ghi chú

Added Price Line as per request (can be disabled in Settings)

19 thg 1, 2022

Phát hành các Ghi chú

Code-cleaning only.

15 thg 7, 2022

Phát hành các Ghi chú

Fixed the alert for Bearish OverSized Candle