OPEN-SOURCE SCRIPT
Next Candle Prediction (HA) (Open Source)
Automate your pinescript strategies to NinjaTrader ninja-view.com/
This Pine Script indicator is designed to perform the following tasks:
Buy/Sell Ratio (BSR) Calculation: It calculates the buying and selling ratio as a percentage based on volume and price levels of the current candle. The buying ratio is the percentage of the candle's volume attributed to buying, and the selling ratio is the percentage of the candle's volume attributed to selling.
Overbought and Oversold Levels: It plots horizontal lines on the chart to indicate overbought (green) and oversold (red) levels. These levels are set at 90% for overbought and 10% for oversold.
Label Display: It displays a label on the chart for the current candle, showing the buying and selling percentages. You can choose to display labels for past candles as well, controlled by the showPastLabels input.
Heikin Ashi Candle Calculation: It calculates Heikin Ashi candles, which are derived from the open, high, low, and close prices. These Heikin Ashi candles are used to predict the open and close prices of the next candle.
Next Candle Prediction: It predicts the open and close prices of the next candle based on Heikin Ashi calculations. It also determines the direction of the predicted candle (Up or Down) and assigns a color accordingly.
Display Predicted Candle Information: If the showCurrentLabel option is enabled, it displays a label for the predicted open price and direction of the next candle. This label is positioned above the current bar or past bars, depending on the settings.
Display Predicted Candle Size: It can also plot the size of the predicted next candle as a vertical line on the chart. You can control the width of this line using the candleWidth input. The color of the line corresponds to the predicted direction of the candle.
This Pine Script indicator is designed to perform the following tasks:
Buy/Sell Ratio (BSR) Calculation: It calculates the buying and selling ratio as a percentage based on volume and price levels of the current candle. The buying ratio is the percentage of the candle's volume attributed to buying, and the selling ratio is the percentage of the candle's volume attributed to selling.
Overbought and Oversold Levels: It plots horizontal lines on the chart to indicate overbought (green) and oversold (red) levels. These levels are set at 90% for overbought and 10% for oversold.
Label Display: It displays a label on the chart for the current candle, showing the buying and selling percentages. You can choose to display labels for past candles as well, controlled by the showPastLabels input.
Heikin Ashi Candle Calculation: It calculates Heikin Ashi candles, which are derived from the open, high, low, and close prices. These Heikin Ashi candles are used to predict the open and close prices of the next candle.
Next Candle Prediction: It predicts the open and close prices of the next candle based on Heikin Ashi calculations. It also determines the direction of the predicted candle (Up or Down) and assigns a color accordingly.
Display Predicted Candle Information: If the showCurrentLabel option is enabled, it displays a label for the predicted open price and direction of the next candle. This label is positioned above the current bar or past bars, depending on the settings.
Display Predicted Candle Size: It can also plot the size of the predicted next candle as a vertical line on the chart. You can control the width of this line using the candleWidth input. The color of the line corresponds to the predicted direction of the candle.
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.
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
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.
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.