OPEN-SOURCE SCRIPT
CandleCheck
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.
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.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
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.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
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.