OPEN-SOURCE SCRIPT

Nested Candle Highlighter @shrilss

Diupdate
The Nested Candle Highlighter identifies when the current candle's body is completely enclosed by the previous candle's wick zones. It examines the upper wick zone, from the previous high to the open or close, and the lower wick zone, from the low up to the open or close. This focused analysis can signal consolidation and potential shifts in momentum, offering an insightful addition to your trading analysis.
Catatan Rilis
Added toggle to only highlight nested candles that the previous candle upper wick is longer than the lower or vice versa. Default settings are the old version.
Catatan Rilis
Fixed it to highlight bars inside of the previous wick that have an equal open the the previous close.
Catatan Rilis
+ Added lines and labels giving users the information they need to use this script.

~ Make sure to wait for the nested candle close to confirm, place a stop and expect it to be hit within 2 bars, if not remove it and watch how price reacts. if broken within 2 bars expect at least 2 bars to the upside or downside.
Catatan Rilis
~ Typo Fix
Catatan Rilis
Made it so that conditions are met only after a candle has closed.
Candlestick Analysisshrilsshrilss

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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