Candle Color Flip

2시간 전

Candle Color Flip highlights potential short-term reversals caused by back-to-back candles closing in opposite colors.

The script:

Watches for a green candle that closes after a red candle without making a lower low, and for a red candle that closes after a green candle without making a higher high.

Plots compact markers on qualifying bars (green triangles below for red→green flips, red triangles above for green→red flips).

Offers alert conditions for both directions, so you can set notifications that fire only when a confirmed bar meets the flip rules.

Can also be used to determine exit points on trades by confirming reversals.

Use it to quickly spot where buyers or sellers may be stepping in while the prior candle’s extremes still hold. You can enable “Any alert() function call” for real-time notifications, or stick with bar-close alerts for confirmation.

2시간 전

릴리즈 노트

Updated logic for alert conditions.