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CCT - Candle Continuation Theory
A visual tool for tracking Higher Timeframe (HTF) candle structure and virgin level breaks.
Features:
Side Panel HTF Candles
Virgin Level Detection
Dual Display
Customization
Use Case: Identify when price breaks through untested HTF levels - these breaks often lead to continuation or provide key areas for pullback entries.
A visual tool for tracking Higher Timeframe (HTF) candle structure and virgin level breaks.
Features:
Side Panel HTF Candles
- Displays HTF candles (default: 1H) in a compact panel to the right of your chart
- Shows the last 5 completed HTF candles plus the current developing candle
- Real-time countdown timer shows time remaining in current HTF bar
Virgin Level Detection
- Automatically identifies "virgin" highs and lows from HTF candles
- A level remains virgin until price touches it
- When a candle CLOSES beyond a virgin level, it's marked as "broken"
- Blue lines = broken virgin highs | Red lines = broken virgin lows
- Note: Only levels from candles currently in the Side Panel are tracked - as older candles scroll out, their levels are no longer displayed
Dual Display
- Broken levels shown on both the Side Panel and Main Chart
- Lines stop 1 candle after the breaking candle (or extend with option)
Customization
- Configurable HTF timeframe
- Line style (Solid/Dashed/Dotted) and thickness
- Full color control for Side Panel candles and broken levels
- Toggle visibility for all elements
Use Case: Identify when price breaks through untested HTF levels - these breaks often lead to continuation or provide key areas for pullback entries.
Nota Keluaran
Added Virgin Level Sweep Alerts- Added optional alert when virgin levels are swept by HTF body close
- Alert message indicates whether HIGH or LOW was swept
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.