PROTECTED SOURCE SCRIPT

Aggressive Candle 1.0 [S1S2]

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Aggressive Candle 1.0 [S1S2]

Original script for TOS by Dr Stephen Harlins (NextSignal / @TailThatWagsDog) as published here:
usethinkscript.com/threads/nextsignals-aggressive-buy-sell-pressure-volume-for-thinkorswim.8767/

How it works, in his words:

The study just says, "Show me (highlight) price bars that are above average in volume and price range, that also push the close well off of the high(selling press) or low (buying press)."

That would highlight/infer the presence of "aggressive" orders. The white-tagged price bars display when the above conditions are met - plus an extreme in a high or low falls outside of a stDev calc (modif'd Bollinger Band).


WARNING: To visualize the candle recolor, you must drag this indicator to the top of the TradingView object tree.

In the script control panel, you can enable/disable the recoloring of non-aggressive candles, and change the color you want to use for it.

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.