gaiors

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.
Open-source Skript

Ganz im Sinne von TradingView hat der Autor dieses Skripts es als Open-Source veröffentlicht, damit Trader es verstehen und überprüfen können. Ein Hoch auf den Autor! Sie können es kostenlos verwenden, aber die Wiederverwendung dieses Codes in einer Publikation unterliegt den Hausregeln. Sie können das Skript den Favoriten hinzufügen, um es auf dem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?

Kommentare

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