PROTECTED SOURCE SCRIPT

Strong Body Candle (80% of Range)

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You said:
Strong body candle 80% range
ChatGPT said:
A strong body candle with an 80% range typically refers to a candlestick on a price chart (usually used in technical analysis) where the real body of the candle (the open-to-close price movement) makes up 80% or more of the entire candle’s range (the high-to-low movement).

Breakdown:
Candle Range = High − Low

Body Size = |Close − Open|

Body-to-Range Ratio = (Body Size ÷ Candle Range) × 100

If this ratio is ≥ 80%, the candle is considered to have a strong body.

Interpretation:
A strong bullish candle: Close is near the high, open is near the low — strong buying pressure.

A strong bearish candle: Close is near the low, open is near the high — strong selling pressure.

These candles often signal momentum or trend continuation, especially when occurring after consolidation or at breakout points.

Would you like a script or formula to help detect these on a chart?


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You said:
Yeh indicator banaya hai is ki description Bana ker rain publish kernrehanhun trading view per


ChatGPT said:
Great! Here's a professional and clear description you can use to publish your indicator on TradingView:

🔥 Strong Body Candle (80% Range) — Indicator Description
This indicator highlights candlesticks where the real body constitutes 80% or more of the entire candle's range (High − Low). These candles often represent strong momentum and are useful for identifying potential trend continuations, reversals, or breakout confirmations.

📌 Key Features:
✅ Detects both bullish and bearish strong body candles.

✅ Customizable threshold (default: 80%) for fine-tuning to your strategy.

✅ Visual markers make it easy to spot high-momentum candles on any timeframe.

📊 How It Works:
The script calculates the ratio of the candle's body size (|Close − Open|) to its total range (High − Low). If the ratio is equal to or above 80%, the candle is flagged:

Green Marker = Strong Bullish Candle (Close > Open)

Red Marker = Strong Bearish Candle (Open > Close)

🛠️ Use Cases:
Identify momentum shifts and breakout confirmations.

Use with support/resistance zones or trendlines for stronger signals.

Combine with volume indicators for enhanced precision.

Penafian

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