Disguised Candles by The School of Dalal Street

3 giorni fa

Disguised Candles corrects one of the subtle visual distortions present in normal candlestick charts — the mismatch between the close of one candle and the open of the next.

On many instruments (especially at day/session breaks), the next candle’s open often jumps due to price gaps or data feed behavior. This can make reading the flow of price action harder than necessary.

Disguised Candles fixes this by plotting synthetic candles where the open of each candle is forced to match the close of the previous one — creating a visually continuous flow of price.

Real candles are made fully transparent, so only the "corrected" candles are visible.

This allows traders to:

Visualize price flow as a smooth path

Better spot true directional shifts and trends

Avoid distractions caused by technical gaps that are not meaningful to their strategy

🚀 Pure visual clarity. No noise from false opens.

How it works:

The open of each synthetic candle = close of previous real candle

High, Low, Close remain unchanged

Colors are based on Close vs Corrected Open

Real chart candles are hidden under a transparent overlay

Use this as a clean canvas for trend analysis or as a foundation for building new visual systems.

3 giorni fa

Note di rilascio

Disguised Candles corrects one of the subtle visual distortions present in normal candlestick charts — the mismatch between the close of one candle and the open of the next.

On many instruments (especially at day/session breaks), the next candle’s open often jumps due to price gaps or data feed behavior. This can make reading the flow of price action harder than necessary.

Disguised Candles fixes this by plotting synthetic candles where the open of each candle is forced to match the close of the previous one — creating a visually continuous flow of price.

Real candles are made fully transparent, so only the "corrected" candles are visible.

This allows traders to:

Visualize price flow as a smooth path

Better spot true directional shifts and trends

Avoid distractions caused by technical gaps that are not meaningful to their strategy

🚀 Pure visual clarity. No noise from false opens.

How it works:

The open of each synthetic candle = close of previous real candle

High, Low, Close remain unchanged

Colors are based on Close vs Corrected Open

Real chart candles are hidden under a transparent overlay

Use this as a clean canvas for trend analysis or as a foundation for building new visual systems.

l’altro ieri

Note di rilascio

Corrected bug which showed original disguised candle in cases where the corrected candle color changed.

Important: To use this indicator properly, disable the original Tradingview candles, by going into Chart Settings > Symbol and unchecking the Body, Wick and Border.

ieri

Note di rilascio

Fixed candles where if the corrected candle color changed, both were visible, causing confusion.