OPEN-SOURCE SCRIPT
Good Candles with Risk Table
This custom Pine Script indicator highlights bullish and bearish candles based on the highest and lowest close prices over the past specified number of candles (look-back period).
Bullish candles are marked with an orange color when the close is higher than the highest close from the previous candle.
Bearish candles are marked with a purple color when the close is lower than the lowest close from the previous candle.
The indicator also draws two lines for each colored candle:
Midline: A horizontal line drawn at the midpoint between the open and close of the candle, which helps visualize the candle's body.
Open line: A horizontal line drawn at the open price, offering an additional reference point for market action.
Lines are visible for the last 5 colored candles (either bullish or bearish), with old lines being removed to avoid clutter on the chart.
Additionally, the Risk Table at the top right of the chart shows the calculated units to buy for the specified risk amount (default value of $0.1), based on the distance between the candle’s close and its midpoint. This allows users to manage their risk effectively by knowing how many units they should purchase to match their desired risk level.
Bullish candles are marked with an orange color when the close is higher than the highest close from the previous candle.
Bearish candles are marked with a purple color when the close is lower than the lowest close from the previous candle.
The indicator also draws two lines for each colored candle:
Midline: A horizontal line drawn at the midpoint between the open and close of the candle, which helps visualize the candle's body.
Open line: A horizontal line drawn at the open price, offering an additional reference point for market action.
Lines are visible for the last 5 colored candles (either bullish or bearish), with old lines being removed to avoid clutter on the chart.
Additionally, the Risk Table at the top right of the chart shows the calculated units to buy for the specified risk amount (default value of $0.1), based on the distance between the candle’s close and its midpoint. This allows users to manage their risk effectively by knowing how many units they should purchase to match their desired risk level.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menerbitkannya sebagai sumber terbuka, sehingga para trader dapat memahami dan memverifikasinya. Hormat untuk penulisnya! Anda dapat menggunakannya secara gratis, namun penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk digunakan pada chart
Inggin menggunakan skrip ini pada chart?
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.