OPEN-SOURCE SCRIPT
Neutral Price Action Zones with Horizontal Lines
If the upper shadow of the red candle is longer than its lower shadow and the upper shadow of the green candle is longer than its lower shadow, it indicates that the upper and lower wicks of the red and green candles are equal. In this case, it means that the price does not show a clear trend in a specific direction, and the price movement is neutral. This situation usually suggests market uncertainty or that the price is moving within a horizontal range.
Red and Green Candle Check: The status of the candles is determined.
Shadow Calculations: The upper and lower shadows of the red and green candles are calculated.
Horizontal Range Check: The horizontal range condition is checked for the red and green candles.
Background Color: If the condition is met, the background is marked in gray.
Horizontal Line: When the horizontal range condition is met, a horizontal line is drawn.
Red and Green Candle Check: The status of the candles is determined.
Shadow Calculations: The upper and lower shadows of the red and green candles are calculated.
Horizontal Range Check: The horizontal range condition is checked for the red and green candles.
Background Color: If the condition is met, the background is marked in gray.
Horizontal Line: When the horizontal range condition is met, a horizontal line is drawn.
오픈 소스 스크립트
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.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
오픈 소스 스크립트
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.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.