Candle Range-Bars

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The Candle Range Bars indicator visually represents the range of each candlestick in either pips or ticks, depending on your preference. It plots vertical bars to show the size of each candle, making it easy to identify periods of high or low volatility. The indicator also displays the exact range value (in pips or ticks) above each bar, with customizable text size and color for better readability.


Key Features

Pips or Ticks Mode:

Choose to display the candle range in pips (for forex traders) or ticks (for other instruments).

Customizable Text:

Adjust the text color and text size (Tiny, Small, Normal, Large) to suit your chart style.

Clear Visuals:

Bars are colored green for bullish candles and red for bearish candles, making it easy to distinguish between up and down moves.

Flexible Use:

Ideal for analyzing volatility, identifying consolidation zones, and comparing candle ranges across different timeframes.

How to Use:
Add the indicator to your chart.

Customize the settings:

Choose between pips or ticks.

Adjust the text color and text size for the range values.

Observe the bars and their corresponding range values to analyze market volatility.

Why Use This Indicator?:
Simplify Range Analysis: Quickly see the size of each candlestick without manual calculations.

Customizable: Tailor the appearance to match your trading style.

Versatile: Works on any instrument and timeframe.

Settings:
Show Pips (Otherwise Ticks): Toggle between pips and ticks mode.

Text Color: Choose the color of the range value text.

Text Size: Select the size of the range value text (Tiny, Small, Normal, Large).

Ideal For:
Forex, stocks, commodities, and crypto traders.

Traders who focus on volatility and range analysis.

Anyone looking for a clear and customizable way to visualize candle ranges.

This description highlights the key features, benefits, and usability of your indicator, making it appealing to other TradingView members. Let me know if you'd like to tweak it further! 😊

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Phát hành các Ghi chú

Key Features

Pips or Ticks Mode:

Choose to display the candle range in pips (for forex traders) or ticks (for other instruments).

Customizable Text:

Adjust the text color and text size (Tiny, Small, Normal, Large) to suit your chart style.

Clear Visuals:

Bars are colored green for bullish candles and red for bearish candles, making it easy to distinguish between up and down moves.

Flexible Use:

Ideal for analyzing volatility, identifying consolidation zones, and comparing candle ranges across different timeframes.

How to Use:
Add the indicator to your chart.

Customize the settings:

Choose between pips or ticks.

Adjust the text color and text size for the range values.

Observe the bars and their corresponding range values to analyze market volatility.

Why Use This Indicator?:
Simplify Range Analysis: Quickly see the size of each candlestick without manual calculations.

Customizable: Tailor the appearance to match your trading style.

Versatile: Works on any instrument and timeframe.

Settings:
Show Pips (Otherwise Ticks): Toggle between pips and ticks mode.

Text Color: Choose the color of the range value text.

Text Size: Select the size of the range value text (Tiny, Small, Normal, Large).

Ideal For:
Forex, stocks, commodities, and crypto traders.

Traders who focus on volatility and range analysis.

Anyone looking for a clear and customizable way to visualize candle ranges.

This description highlights the key features, benefits, and usability of your indicator, making it appealing to other TradingView members. Let me know if you'd like to tweak it further! 😊