OPEN-SOURCE SCRIPT
Bullish vs. Bearish Candle Counter
업데이트됨
Following an exhaustive analysis of the most recent 50,000 candles within a given currency pair, a notable equilibrium between bearish and bullish candles has emerged as a persistent market phenomenon. This equilibrium, indicative of the market's continuous endeavor to establish parity, has spurred the development of the following indicator.
The indicator meticulously scrutinizes the preceding 100 candles, promptly triggering an on-chart marker when either bullish or bearish candle counts surpass the threshold of 60%. This marker serves as an invaluable tool, providing traders with a potential signal for the initiation of a trend reversal.
As such, this indicator serves as a valuable asset in a trader's toolkit, offering insights into shifts in market sentiment and the prospect of emerging trends.
Key Features:
- Customizable Candle Count: Traders can set the number of candlesticks to be analyzed in the input parameters, allowing flexibility in their analysis.
- Bullish and Bearish Percentage: Users can define their desired percentage for both bullish and bearish candles in the indicator's settings. The indicator calculates the percentage of each candle type within the specified range.
- Arrow Signals: The indicator plots arrows above or below the current candle, indicating bullish or bearish conditions based on the defined percentage thresholds. A green arrow signifies bullish sentiment, while a red arrow denotes bearish sentiment.
How to Use:
- Adjust Parameters: In the indicator settings, users can customize the number of candlesticks to be analyzed, as well as set their preferred percentages for both bullish and bearish conditions.
- Interpret Arrows: The indicator generates arrows above or below the current candle, reflecting the prevailing market sentiment. A green arrow suggests a bullish bias, while a red arrow indicates a bearish bias.
- Trade with Confidence: Traders can use this indicator as a tool to gauge market sentiment and make informed trading decisions. It helps identify potential entry and exit points based on the chosen percentage thresholds.
The indicator meticulously scrutinizes the preceding 100 candles, promptly triggering an on-chart marker when either bullish or bearish candle counts surpass the threshold of 60%. This marker serves as an invaluable tool, providing traders with a potential signal for the initiation of a trend reversal.
As such, this indicator serves as a valuable asset in a trader's toolkit, offering insights into shifts in market sentiment and the prospect of emerging trends.
Key Features:
- Customizable Candle Count: Traders can set the number of candlesticks to be analyzed in the input parameters, allowing flexibility in their analysis.
- Bullish and Bearish Percentage: Users can define their desired percentage for both bullish and bearish candles in the indicator's settings. The indicator calculates the percentage of each candle type within the specified range.
- Arrow Signals: The indicator plots arrows above or below the current candle, indicating bullish or bearish conditions based on the defined percentage thresholds. A green arrow signifies bullish sentiment, while a red arrow denotes bearish sentiment.
How to Use:
- Adjust Parameters: In the indicator settings, users can customize the number of candlesticks to be analyzed, as well as set their preferred percentages for both bullish and bearish conditions.
- Interpret Arrows: The indicator generates arrows above or below the current candle, reflecting the prevailing market sentiment. A green arrow suggests a bullish bias, while a red arrow indicates a bearish bias.
- Trade with Confidence: Traders can use this indicator as a tool to gauge market sentiment and make informed trading decisions. It helps identify potential entry and exit points based on the chosen percentage thresholds.
릴리즈 노트
You can now switch between the options of a colored background and arrows.오픈 소스 스크립트
진정한 TradingView 정신에 따라, 이 스크립트의 저자는 트레이더들이 이해하고 검증할 수 있도록 오픈 소스로 공개했습니다. 저자에게 박수를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 출판물에서 이 코드를 재사용하는 것은 하우스 룰에 의해 관리됩니다. 님은 즐겨찾기로 이 스크립트를 차트에서 쓸 수 있습니다.
차트에 이 스크립트를 사용하시겠습니까?
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.