OPEN-SOURCE SCRIPT

Price Action Candles v0.3 by JustUncleL

123 114
This requested release includes an Alert condition, so an alarm can be created on selected Price Action bars. Also this version modifies the Doji calculation to be similar to an Harami, so now the description of the Doji's are:

- Bearish Doji (aka Bearish Harami) (Fuchsia Highlight above Bar):
A large body Bull (green) candle followed by a small or no body candle
with wicks top and bottom that are at least 60% of candle.
- Bullish Doji (aka Bullish Harami) (Fuchsia Highlight below Bar):
A large body Bear (red) candle followed by a small or no body candle
with wicks top and bottom that are at least 60% of candle.

The % wick size (default 60%) of the Doji and the size of previous candle (default 15 pips) can be modified in the script Format parameters.

This modified Doji is particularly useful when combined with Heikin Ashi candles.

When Alerts are selected, an alert dot is also displayed along the bottom of the chart.

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