OPEN-SOURCE SCRIPT

Long Signal Consecutive Lower Shadows - Correct Bars Colored

This script identifies and highlights consecutive lower shadows on candlesticks in TradingView. A lower shadow is the portion of the candlestick between the low price and the lower of the open or close prices, often indicating price rejection at lower levels.
Key Features:

Threshold Settings: The user can customize the minimum length of the lower shadow (lowerShadowThreshold) and the maximum allowable price difference between consecutive lows (priceDifferenceThreshold).
Bar Coloring: When two consecutive bars meet the lower shadow condition, both bars are colored (default green).
Alerts: An alert is triggered when consecutive lower shadows are detected, allowing users to be notified of potential market reversals or buy opportunities.
Chart patterns

Script open-source

Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Vous voulez utiliser ce script sur un graphique ?

Clause de non-responsabilité