This is an indicator that expresses the strength of a candlestick in numbers.
The criteria are as follows Candlestick is bullish:+1,bearish:-1,(If the value is more than twice the ATR, the score is 2 and -2, respectively.) Close is higher than the previous value: +1, lower: -1 High is higher than the previous value: +1, lower: -1 Low is higher than the previous value: +1, lower: -1 gap up: +1, gap down: -1
This Display only if the total number of points is greater or less than 4.
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.