OPEN-SOURCE SCRIPT

CandleCheck

3 427
This indicator is intended to evaluate the quality of the bullish candles (close > open).
It will calculate the average size of the bullish candles from the last 200 periods. I'm assuming that a bullish candle with a superior wick or shadow equal or less than 25% of the total size of the bar is a good disruption candle. You can adjust at your own taste.

Candles with a size above the average and a superior wick or shadow equal or less than 25% of the total size of the bar will be painted lime. These are "good" candles.

Candles with a superior wick or shadow equal or less than 25% of the total size of the bar but with a size below the average will be painted green. These are "OK" candles.

Candles with a size above the average but a superior wick or shadow above than 25% of the total size of the bar will be painted fuchsia. These are "bad" candles.

Candles with a size below the average and a superior wick or shadow above than 25% of the total size of the bar will be left alone. These are "worse" candles.

"bad" and "worse" candles will be marked with a lime cross at the exact spot where price should reach to turn these candles to "OK" or "good". That value will be indicated at the indicator header.

"OK" or "good" candles should have a volume above the average.

Thông báo miễn trừ trách nhiệm

Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.