OPEN-SOURCE SCRIPT
Fractal Model 4 HTF candles [TFR]
The Fractal indicator shows you the higher timeframe 4 candles from the timeframe you choose, it takes the OHLC of the data you input
It also shows you the 50% of the wicks, you can extend all of the lines if needed for better visibility, this indicator is for saving you time and mental capacity, because you don't have to constantly switch from timeframe to timeframe.
If the last closed candle has gone outside of previous candle, and then closed inside of the previous range, it will change its color.
The indicator also shows you the timeframe, so you are always in the know on what you are exactly looking at.
It also shows you the 50% of the wicks, you can extend all of the lines if needed for better visibility, this indicator is for saving you time and mental capacity, because you don't have to constantly switch from timeframe to timeframe.
If the last closed candle has gone outside of previous candle, and then closed inside of the previous range, it will change its color.
The indicator also shows you the timeframe, so you are always in the know on what you are exactly looking at.
Script open-source
Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.
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