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:

11:47

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.