PROTECTED SOURCE SCRIPT
Three-Zone Candle — LABELS
Overview
Three-Zone Candle — LABELS prints a compact code on each bar that shows where the open and close occurred within three equal zones of the bar’s range (High→Low).
Zones: Top = 1, Mid = 2, Bottom = 3 → Code format: openZone-closeZone (e.g., 3-1).
Labels only. No bar recoloring. Non-repainting.
Color Legend
Green — Climbers & Bull Reversal: 3-1, 2-1, 1-1
Red — Drifters & Bear Reversal: 1-3, 2-3, 3-3
Gray — Uncertain/Balance: 3-2, 1-2, 2-2
Quick Read
Climbers (3-1, 2-1) → buyers gained control through the bar.
Drifters (1-3, 2-3) → sellers gained control through the bar.
Reversals (1-1, 3-3) → leadership flipped late in the bar.
Uncertain (3-2, 1-2, 2-2) → balance/indecision.
Inputs
Labels on last N bars (default 500; TradingView cap ≈ 500 labels/script).
Label offset (% of bar range) to keep tags clear on large candles.
Label size (tiny/small/normal/large).
Placement
Automatic: labels print above up bars and below down bars for clean spacing. Text shows the code only (e.g., 3-1).
How to Use
Scan sequences (e.g., repeated Climbers) for control continuity; watch Reversal prints at key levels.
Combine with Session Volume Profile (VAH/VAL/POC) and Footprint/Delta to confirm acceptance vs. rejection before acting.
For dense charts, trim N bars or increase offset for readability.
Notes
Works on any symbol/timeframe.
Performance-friendly; no external dependencies.
Labels only by design to keep charts clean.
Release
v1.0 — initial public version (labels only, code-only text, color-coded categories).
Three-Zone Candle — LABELS prints a compact code on each bar that shows where the open and close occurred within three equal zones of the bar’s range (High→Low).
Zones: Top = 1, Mid = 2, Bottom = 3 → Code format: openZone-closeZone (e.g., 3-1).
Labels only. No bar recoloring. Non-repainting.
Color Legend
Green — Climbers & Bull Reversal: 3-1, 2-1, 1-1
Red — Drifters & Bear Reversal: 1-3, 2-3, 3-3
Gray — Uncertain/Balance: 3-2, 1-2, 2-2
Quick Read
Climbers (3-1, 2-1) → buyers gained control through the bar.
Drifters (1-3, 2-3) → sellers gained control through the bar.
Reversals (1-1, 3-3) → leadership flipped late in the bar.
Uncertain (3-2, 1-2, 2-2) → balance/indecision.
Inputs
Labels on last N bars (default 500; TradingView cap ≈ 500 labels/script).
Label offset (% of bar range) to keep tags clear on large candles.
Label size (tiny/small/normal/large).
Placement
Automatic: labels print above up bars and below down bars for clean spacing. Text shows the code only (e.g., 3-1).
How to Use
Scan sequences (e.g., repeated Climbers) for control continuity; watch Reversal prints at key levels.
Combine with Session Volume Profile (VAH/VAL/POC) and Footprint/Delta to confirm acceptance vs. rejection before acting.
For dense charts, trim N bars or increase offset for readability.
Notes
Works on any symbol/timeframe.
Performance-friendly; no external dependencies.
Labels only by design to keep charts clean.
Release
v1.0 — initial public version (labels only, code-only text, color-coded categories).
Script protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
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 protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
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.