Shaved Candle Identifier

This script is different because it actually highlights the candle and is not just an icon. It will identify bars that have no wick. Each color represents a different type of candle.

Shaved candles represent major liquidity zones, and tend to get swept in the future.

Shaved candles are useful for spotting reversals and as price targets.

Green is when open = low
Red is when open = high
Blue is when close = high
Orange is when close = low

There is 0 tolerance for any deviation, if the price is 0.001 off, it will not be identified. Only absolutely shaved candles will be identified.

Notes de version

This script is different because it actually highlights the candle and is not just an icon. It will identify bars that have no wick, or you can set a threshold for how large you want the wick to be, this is measured in ticks.

Shaved candles represent major liquidity zones, and tend to get swept in the future, especially when they are on a higher time frame.

Shaved candles are useful for spotting reversals and as price targets.
Green is when open = low
Red is when open = high

The user may define a tolerance for the wick size defined in tick size.

--Patch notes--

1. Added a threshold that the user can define.
2. Removed shaved closes.

Script open-source

Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.

btcmaxlev

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.

Script open-source

btcmaxlev