[FR]Custom Candles/FVG/nSideBarCustom Candles /FVG/ nSideBar
- I used this as a learning project for understanding plot()'s Better
- My goal was to see if I could use normal plots to cleanly plot FVGs on the chart using only plots with out and boxes/lines
The problem was if multiple FVGs were on back to back bars the plot fill would fill the line to the next FVG/Bar
I solved this by using 4 plots and alternating them if consecutive FVGs form
- 2 MODES
- Slim
- Normal
//////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
-Slim
Uses 3 plotcandle() parts and divides the candle between body/wicks/open and close
by manipulating the ohlc inputs and the colors I was able to pretty make them full customizable
all components are customizable with up/down colors
-Normal
These are your normal candles but they are full customize able from components to individual up/down colors
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
- FVGs
There are 2 FVG settings can be used with both MODES
- Big
These are the FVGs that use plots and since there isn't a 500 object limit on plots you don't need to manage them in the code and they are there how ever far you need to look back
- Slim
These use a Line and the width of the line can be adjusted for user preferences
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
- INSIDE-BARS
These will change the color of the body of either SLIM or NORMAL Candles
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Drawing Snap Features Work Just Fine!
I suggest hiding your chart candles with the eye in the top left of the screen and moving the indicator to the top of your object tree
I understand that the candles in the chart pictures are impractical I was just demonstrating the functionality of the tool
Hope You Enjoy!!
FFriZz
Customcandles
NSDT HAMA CandlesHAMA (Heiken-Ashi Moving Average) Candles are built using different moving average lengths for the open, high, low, and close. Those levels are then run through the Heiken-Ashi Candle formula to create a new hybrid candle on the chart. There is an additional Moving Average plotted as well for overall direction.
This may be used best for identifying trending markets. By referencing the HAMA Candle indicator, it may help guide you to stay in a trade a bit longer, or wait a bit longer before entering at the beginning of a potential trend.
We added a Gradient Color scheme option for a more colorful view of potential trend directional changes. The gradient code is taken from the Pinecoders Gradient Framework (Pro Advance/Decline Gradient example) at
There are three different Moving Average types to choose from. (EMA, SMA, WMA). All MA lengths can be modified. All colors can be modified. All options can be turned on or off.
This was previously an "invite-only" indicator, but we decided to publish it publicly and open source.
NSDT Bearish-Bullish CandlesThis is another interesting take on candlesticks . These Bearish-Bullish Candles do not show the wicks. Instead, the upper wick is made into a Red body and the lower wick is made into a Green body. If you match the candle body color in the chart settings (or turn off the candles completely), you get a unique way of seeing how Bearish or how Bullish a candle is because the wick will now match the body size and color.
This indicator is very similar to our NSDT Special High-Low Candles.
customcandlesLibrary "customcandles"
customcandles: Contains methods which can send custom candlesticks based on the input
macandles(maType, length, o, h, l, c) macandles: Provides OHLC of moving average candles
Parameters:
maType : - Moving average Type. Can be sma, ema, hma, rma, wma, vwma, swma, linreg, median
length : - Defaulted to 20. Can chose custom length
o : - Optional different open source. By default is set to open
h : - Optional different high source. By default is set to high
l : - Optional different low source. By default is set to low
c : - Optional different close source. By default is set to close
Returns: : Custom Moving Average based OHLC values
hacandles() hacandles: Provides Heikin Ashi OHLC values
Returns: : Custom Heikin Ashi OHLC values
ocandles(type, length, shortLength, longLength, method, highlowLength, sticky, percentCandles) macandles: Provides OHLC of moving average candles
Parameters:
type : - Oscillator Type. Can be cci, cmo, cog, mfi, roc, rsi, tsi, mfi
length : - Defaulted to 14. Can chose custom length
shortLength : - Used only for TSI. Default is 13
longLength : - Used only for TSI. Default is 25
method : - Valid values for method are : sma, ema, hma, rma, wma, vwma, swma, highlow, linreg, median
highlowLength : - length on which highlow of the oscillator is calculated
sticky : - overbought, oversold levels won't change unless crossed
percentCandles : - candles are generated based on percent with respect to high/low instead of actual oscillator values
Returns: : Custom Moving Average based OHLC values
