OPEN-SOURCE SCRIPT
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Type A Candle:
This candle is labeled "A" if its high price is higher than the high price of the previous candle, and its low price is also higher than the low price of the previous candle.
In simpler terms, the entire candle (both the top and bottom) is above the previous candle.
Type B Candle:
This candle is labeled "B" if its high price is lower than the high price of the previous candle, and its low price is also lower than the low price of the previous candle.
In simpler terms, the entire candle (both the top and bottom) is below the previous candle.
Type C Candle:
This candle is labeled "C" if its high price is higher than the high price of the previous candle, and its low price is lower than the low price of the previous candle.
In simpler terms, this candle has a higher high and a lower low compared to the previous candle, indicating a larger range or volatility.
Type D Candle:
This candle is labeled "D" if its high price is lower than the high price of the previous candle, and its low price is higher than the low price of the previous candle.
In simpler terms, this candle has a lower high and a higher low compared to the previous candle, indicating a smaller range or consolidation.
This candle is labeled "A" if its high price is higher than the high price of the previous candle, and its low price is also higher than the low price of the previous candle.
In simpler terms, the entire candle (both the top and bottom) is above the previous candle.
Type B Candle:
This candle is labeled "B" if its high price is lower than the high price of the previous candle, and its low price is also lower than the low price of the previous candle.
In simpler terms, the entire candle (both the top and bottom) is below the previous candle.
Type C Candle:
This candle is labeled "C" if its high price is higher than the high price of the previous candle, and its low price is lower than the low price of the previous candle.
In simpler terms, this candle has a higher high and a lower low compared to the previous candle, indicating a larger range or volatility.
Type D Candle:
This candle is labeled "D" if its high price is lower than the high price of the previous candle, and its low price is higher than the low price of the previous candle.
In simpler terms, this candle has a lower high and a higher low compared to the previous candle, indicating a smaller range or consolidation.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.