PROTECTED SOURCE SCRIPT
Small Body Candles
This indicator helps you identify candles where the candle body is less than 50% of the total range (high to low). These candles often represent areas of indecision or absorption, where price is being rejected rather than driven aggressively.
Such candles are commonly associated with Supply and Demand zones, as they frequently appear at key levels where institutions accumulate or distribute positions.
By highlighting these candles directly on the chart, the indicator allows you to:
• Quickly spot potential supply and demand candles
• Identify areas of price imbalance and reaction
• Improve higher-timeframe context and zone refinement
The indicator is universal and works across all markets and all timeframes, making it suitable for both intraday and swing analysis.
Such candles are commonly associated with Supply and Demand zones, as they frequently appear at key levels where institutions accumulate or distribute positions.
By highlighting these candles directly on the chart, the indicator allows you to:
• Quickly spot potential supply and demand candles
• Identify areas of price imbalance and reaction
• Improve higher-timeframe context and zone refinement
The indicator is universal and works across all markets and all timeframes, making it suitable for both intraday and swing analysis.
Script protégé
Ce script est publié en source fermée. Cependant, vous pouvez l'utiliser librement et sans aucune restriction – pour en savoir plus, cliquez ici.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script protégé
Ce script est publié en source fermée. Cependant, vous pouvez l'utiliser librement et sans aucune restriction – pour en savoir plus, cliquez ici.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.