OPEN-SOURCE SCRIPT

TTP Green/Red Consecutive Candles

This indicator counts consecutive green/red candles offering some basic statistics and signals/alerts.

Features
- Counts consecutive green/red candles in an oscillator chart
- Moving average of the counting helps spotting when the consecutive candles are away from the mean. MA length and multiplier to adjust the signal sensitivity.
- Thresholds can be set to backtest and send alerts on any number of arbitrary consecutive candles of the same color.
- All time highs: the indicator keeps track of when the maximum has been reached
- Distribution data: the number of times each number of consecutive color candles has been reached is offered

Signals
- Threshold signal triggers when the number of candles of the same color is above the specified threshold.
- MA cross signal triggers when the number of candles of the same color is above the MA.

candlecolorCandlestick analysiscandlestickpatternconsecutivecandlesExponential Moving Average (EMA)exponentialmovingaveragegreencandlesredcandlessignalTrend Analysis

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

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