OPEN-SOURCE SCRIPT

Shaved Candle Identifier

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This script is different because it actually highlights the candle and is not just an icon. It will identify bars that have no wick. Each color represents a different type of candle.

Shaved candles represent major liquidity zones, and tend to get swept in the future.

Shaved candles are useful for spotting reversals and as price targets.
  • Green is when open = low
  • Red is when open = high
  • Blue is when close = high
  • Orange is when close = low


There is 0 tolerance for any deviation, if the price is 0.001 off, it will not be identified. Only absolutely shaved candles will be identified.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.