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Conditional Candles - Full Control
Volume-Conditional Custom Candles
Candle coloring and style based on volume relative to its 20-period EMA:
High-volume bars (volume > EMA(20) of volume) – strong conviction:
- Bullish (close > open): White body with green border and green wicks
- Bearish (close < open): Solid red body with red border and red wicks
Low-volume bars (volume ≤ EMA(20) of volume) – weak conviction:
- Bullish (close > open): White body with black border and black wicks
- Bearish (close < open): Solid black body with black border and black wicks
Purpose: Highlights price moves backed by above-average volume while de-emphasizing low-participation bars. Strong bullish moves appear as hollow green-bordered candles, strong bearish as solid red, and weak moves are muted (white/black or solid black).
Candle coloring and style based on volume relative to its 20-period EMA:
High-volume bars (volume > EMA(20) of volume) – strong conviction:
- Bullish (close > open): White body with green border and green wicks
- Bearish (close < open): Solid red body with red border and red wicks
Low-volume bars (volume ≤ EMA(20) of volume) – weak conviction:
- Bullish (close > open): White body with black border and black wicks
- Bearish (close < open): Solid black body with black border and black wicks
Purpose: Highlights price moves backed by above-average volume while de-emphasizing low-participation bars. Strong bullish moves appear as hollow green-bordered candles, strong bearish as solid red, and weak moves are muted (white/black or solid black).
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.