APB Candle (Average Price Bar) with Heikin Ashi and Default Candle ON/OFF Control
Description (日本語解説は下記):
The APB Candle (Average Price Bar) provides a smoother and clearer visualization of market trends compared to standard candlesticks or Heikin Ashi. Unlike regular candlesticks, which display raw price data, APB candles calculate the average of open, high, low, and close prices, effectively filtering out short-term noise and minor fluctuations. This allows traders to focus on overall trends rather than being distracted by small, unpredictable price movements.
Why APB is superior:
・Better Trend Identification: APB candles smooth price data more effectively than standard candlesticks, making it easier to spot sustained trends.
・Reduced Market Noise: While Heikin Ashi also filters noise, APB provides a clearer view of actual price averages, offering a better balance between smoothing and staying close to the real price.
・Clear Entry and Exit Signals: By smoothing out minor fluctuations, APB candles can provide clearer signals for entering and exiting trades, particularly in volatile markets.
Key Features:
1.APB Candle ON/OFF: Display smoothed average price bars that filter out minor fluctuations, making trends clearer.
2.Heikin Ashi Candle ON/OFF: Remove market noise and visualize smoother trends using Heikin Ashi candles.
3.Default Candle ON/OFF: Compare APB and Heikin Ashi candles with the standard TradingView candles.
4.Customizable Colors: Personalize the colors of bullish and bearish candles, including the body, wick, and border.
5.Color Shift Threshold: Adjust the transparency of APB candles based on a user-defined threshold for smaller body sizes.
6.Countdown Timer: See how much time remains before the next candle forms, with customizable size, position, and color.
Trading Strategy:
・Trend Following with APB: Use APB candles to identify smoother trends by filtering out minor price fluctuations. This can be useful for trend-following strategies in volatile markets.
・Heikin Ashi for Reversals: Heikin Ashi candles help to smooth out trends, making it easier to spot potential reversals. When switching from red to green (or vice versa), it could signal a change in direction.
・Compare APB, Heikin Ashi, and Default Candles: For confirmation, compare APB and Heikin Ashi signals with default candlesticks to ensure reliability before entering a trade.
Benefits:
・Customizable Visualization: You can quickly switch between different candle types, depending on your strategy, without changing your chart setup.
・Clear Trend Identification: APB and Heikin Ashi candles help filter out noise, making it easier to see trends and reversals.
・Multiple Timeframes: Works well on multiple timeframes, allowing for flexible trading strategies.
Drawbacks:
・Smoothing May Hide Important Details: While APB and Heikin Ashi smooth price action, they might obscure key price points or signals on smaller timeframes.
・Potential Over-Reliance on Visuals: Relying too much on smoothed candles might cause traders to miss underlying market conditions or important price levels visible in traditional candlesticks.
Transparent background color for remaining time display labels to display text only 残り時間表示のラベルの背景色を透明にし、テキストのみの表示に変更
Catatan Rilis
Corrected an error in changing the background color of the remaining time display labels to transparent and displaying only text. 残り時間表示のラベルの背景色を透明にし、テキストのみの表示に変更に誤りがあったため、再度修正
Catatan Rilis
The transparency setting of the APB candles when there is no volatility did not correspond to the different volatilities of the currency pairs.
【Symbols that are now supported】 【対応させたシンボル】 USDJPY・EURJPY・GBPJPY・AUDJPY・CADJPY XAUUSD・XAGUSD・XPTUSD BTCUSD・ETHUSD JP225 日経平均株価(Nikkei 225)・NI225 日経平均株価(Nikkei 225) EURUSD・GBPUSD・AUDUSD・NZDUSD USDCAD・AUDNZD・AUDCAD・GBPAUD
(Symbols other than the above should be adjusted individually in the Threshold Adjustment on the Settings screen.) (上記以外のシンボルは設定画面のしきい値調整でその都度個別に調整してください)
Catatan Rilis
The colors of APB candles, average candles, and default candles can be changed individually. Added a 1-minute candles background for the average candles. Added a candlestick cloud for the 1-minute candlestick. (Added for those who want to check the direction even with the default candlestick) ・APBキャンドル、平均足キャンドル、デフォルトローソク足、それぞれ個別に色変更できるようにしました、実体、ひげ、枠、の色をそれぞれ変更することができます。 ・1分足用の平均足キャンドル背景を追加しました。 ・平均足クラウドを追加しました。 (デフォルトローソク足でも方向性を確認したい人向けに追加しました)
Skrip ini dipublikasikan secara closed-source dan anda dapat menggunakannya dengan bebas. Anda dapat memfavoritkannya untuk digunakan pada grafik. Anda tidak dapat melihat atau mengubah kode sumbernya.
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