Candlestick Plot MTF

Plots the live non-repainting candles for a higher time interval than the chart interval.

Features:

Configuration of the look and feel of the MTF candles.
Live candles update as the price action evolves for the session.
Historical candles can be toggled on/off.
Includes a moving average ribbon that is also MTF, matching the interval chosen.

Please watch this video to understand more:

Versionshinweise

Improved gap logic.

Versionshinweise

Added Heikin Ashi Candles.

Versionshinweise

Fixed issues with heikin ashi plot.

Versionshinweise

Updated max "recent" candle count. Shows a maximum of 90 candles built with pine 4.0 lines instead of 9.

Versionshinweise

Major overhaul to Pine V5.
Swapped candle body lines for "boxes" that were recently introduced. This has increased the total number of drawn candles by a factor of 4x.
Removed Moving Averages.
Removed "historical candles". There is a max bars back limitation. This new version will show 500 boxes (candles) in history. Only the most recent 250 candles will show wicks.
Code is condensed and simplified, speed improved.

Versionshinweise

Added simple countdown label showing the time remaining until the interval ends.

Versionshinweise

Removed unused plot.

Versionshinweise

Added volume gradient.
Shade the background of candles and set the border width based on the candle relative volume compared to the previous N candles.\n\nA candle with a lower relative volume will appear more transparent and have a thinner border, while a candle with a higher relative volume will appear more opaque and have a thicker border.

Versionshinweise

Minor updates and improvements,

Versionshinweise

Added better volume gradient range.
Added large tooltips in the center of each candle that can be shown when hovered over. These tooltips show the current candle volume and also the volume percentile rank.

Versionshinweise

Tweaked volume gradient shading mechanism.
Added option to show volume percentile value inside candle.
Updated tooltips.

Versionshinweise

Added ability to set the wick colors based on bullish/bearish candles.
Added fade in/out mechanism to the volume percentile rank labels. The text opacity approaches 100 as the rank approaches 100.

Versionshinweise

Set text opacity function to sqrt.

Versionshinweise

Added 'distribution' rank mode. See description in pictures attached to this update message.

Interesting combination of distribution and percentile rank modes on the same candle. This is live and occurred a few minutes ago when the CORE PCE data headline was released.

Versionshinweise

Updated input descriptions.

Versionshinweise

Added option to use custom sigma value, see input notes to know more next to the sigma variable.
Updated 'hybrid' candlestick types.
Updated documentation.

Open-source Skript

Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.

Sie können dieses Script für einen schnellen Zugang auf einem Chart Ihren Favoriten hinzufügen — erfahren Sie hier mehr.

mortdiggiddy

Find the edge.

Website: daily-edge.com
Twitter: twitter.com/dailyEdgeGroup
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