OPEN-SOURCE SCRIPT

Thange Threshold Candles

# Thange Threshold Candles Indicator

Identify Strong Bullish and Bearish Candles

The `Thange Threshold Candles indicator` is a small tool designed to identify candles which are above or below the configured threshold size. By analyzing the size of candles in higher timeframes (say Weekly/Monthly) one can confirm whether there was a momentum or consolidation.

> Disclaimer: This indicator should be used as a tool for technical analysis and does not guarantee specific trading outcomes. Users should exercise their own discretion and risk management when making trading decisions based on this indicator.

I hope that the Thange Momentum Kicks indicator enhances your trading experience and helps you identify strong bullish and bearish candles with ease. Happy trading!
Candlestick analysisthangethreshold

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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