OPEN-SOURCE SCRIPT

Candle Close Location Marker

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This script customizes the appearance of candlesticks by highlighting whether the candle closed in the upper, middle, or lower part of its range — using a small orange marker inside each candle.

It also includes a traditional volume histogram with two simple moving averages (SMA 20 and SMA 50), helping traders detect volume trends and potential reversals.

📌 Useful for identifying strength of momentum and visualizing market sentiment clearly.

Features:
• ✅ Colored candles: green for bullish, black for bearish
• ✅ Orange square shows the position of the close (top, middle, or bottom of the candle)
• ✅ Volume bars with SMA 20 (orange) and SMA 50 (blue)
• ✅ Works on all timeframes

Developed by: [Your Name or Alias]
Version: 1.0
Language: Pine Script v5

면책사항

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