This script, redraws the Minute, Hourly, Daily, Weekly, Monthly candles for gap up and gap down situation. Also this candle marks the LEG candles and BASE Candles with different colors to mark the supply and demand zone. This script is only for Indian NSE markets (09:15 to 15:30) for GAP up/GAP down redraw.
This script is most beneficial for TradeLegend students.
This script is originally made by me, and no code has been modified or copied from anywhere else except Pinescript documentation.
Versionshinweise
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Now all intraday candles can be redraw if the option is selected.
Hello @ankurjpr, could you please let me know what is the colour here for a rally leg candle, drop leg candle and base candle? I can see there are three colours - yellow, purple and black - but I'm unable to understand which colour stands for which candle
ankurjpr
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@deveshiachawda, Yellow Candle is Rally Leg Candle, Purple is Drop Leg Candle, Black/Gray is the base candle. Though the colors can be changed as per preference.