Candlestick High/Low Labels

📌 Indicator Name:
Candlestick High/Low Labels

🧠 Author:
Precious Life Dynamics (Precious_Life)

📋 Description:
The Candlestick High/Low Labels indicator highlights recent price extremes by placing labels above highs and below lows of previous candles.
Additionally, it displays a live OHLCV dashboard in the bottom-right corner, offering a quick overview of recent market data.

This tool is especially useful for:

Identifying support/resistance levels

Tracking candle behavior

Visualizing volume trends in context

⚙️ How It Works:

🔸 High/Low Labels:
Each of the most recent candles (based on Candle Lookback) is annotated as follows:

🔹 Red label above each candle’s high

🔹 Green label below each candle’s low

🔹 Price values are rounded (no decimals)

🔹 Labels are dynamically updated; old ones are removed

🔹 Label visibility can be toggled via the Show Labels input

🔸 OHLCV Dashboard:
A real-time data table appears in the bottom-right corner of the chart.
It displays the last N candles (based on Dashboard Lookback) with the following fields:

🔹 Candle Number (1 = most recent)

🔹 Open, High, Low, Close

🔹 Volume

🔹 Values are rounded for readability

🔹 White background with black text ensures high visual clarity

🔧 Customizable Inputs:

✅ Candle Lookback → Number of candles to label (default: 10)

✅ Show Labels → Toggle High/Low label display on/off

✅ Dashboard Lookback → Number of candles shown in the OHLCV table (default: 10)

🎯 Use Cases:

🔹 Identify recent price extremes and reaction zones

🔹 Spot dynamic support and resistance levels

🔹 Observe how candles behave at swing highs/lows

🔹 Monitor volume activity in relation to price

🔹 Use as a clean visual tool for scalping and intraday trading

📝 Notes:

🔹 This indicator is purely visual – it does not generate trade signals

🔹 Best suited for traders who value clear, real-time price structure feedback

Notes de version

Whats new?

Added option to reduce the font size of High/Low labels

Added setting to disable the green/red background color of the labels

These changes improve visual flexibility and allow for better integration into various chart styles

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.

Precious_Life

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

Precious_Life