PINE LIBRARY

WpProbabilisticLib

Aktualisiert
Library "WpProbabilisticLib"
Library that contains functions to calculate probabilistic based on historical candle analysis

CandleType(open, close) This function check what type of candle is, based on its close and open prices
  Parameters:
    open: series float (open price)
    close: series float (close price)
  Returns: This function return the candle type (1 for Bullish, -1 Bearish, 0 as Doji candle)

CandleTypePercentDiff(open, close, qtd_candles_before, consider_dojis) This function calculates the percentage difference between Bullish and Bearish in a candlestick range back in time and which is the type with the least occurrences
  Parameters:
    open: series float (open price series)
    close: series float (close price series)
    qtd_candles_before: simple int (Number of candles before to calculate)
    consider_dojis: simple string (How to consider dojis (no consider "NO", as bearish "AS_RED", as bullish "AS_GREEN"))
  Returns: tuple(float, int) (Returns the percentage difference between Bullish and Bearish candles and which type of candle has the least occurrences)
Versionshinweise
v2
Just Changing the colors and the indicator direction. To avoid misunderstanding
Versionshinweise
v3
Overlay true removed
bar_typesstatisticstechindicator

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