Candle Rating (1–5)

This “Candle Rating (1–5)” indicator measures where each bar’s close sits within its own high-low range and assigns a simple strength score:

Range Calculation
It computes the candle’s total range (high − low) and finds the close’s position as a percentage of that range (0 = close at low, 1 = close at high).

Five-Point Rating

1 (Strong Buy): Close in the top 20% of the range

2 (Moderate Buy): 60–80%

3 (Neutral): 40–60%

4 (Moderate Sell): 20–40%

5 (Strong Sell): Bottom 20%

Visual Feedback
It plots the numeric rating above each bar (colored green → red), giving you an at-a-glance read of candle momentum and potential reversal strength across any timeframe.