Dynamic Candle StrengthHow It Works
Initialization of Dynamic Levels:
The first candle's high and low are taken as the initial dynamic high and dynamic low levels.
If the next candle's close price is above the dynamic high, the candle is colored green, indicating bullish conditions.
If the next candle's close price is below the dynamic low, the candle is colored black, indicating bearish conditions.
If a candle's high and low crossed both the dynamic high and dynamic low, the dynamic high and low levels are updated to the high and low of that candle, but the candle color will continue with the same color as the previous candle.
Maintaining and Updating Dynamic Levels:
The dynamic high and low are only updated if a candle's close is above the current dynamic high or below the current dynamic low.
If the candle does not close above or below these levels, the dynamic high and low remain unchanged.
Visual Signals:
Green Bars: Indicate that the candle's close is above the dynamic high, suggesting bullish conditions.
Black Bars: Indicate that the candle's close is below the dynamic low, suggesting bearish conditions.
This method ensures that the dynamic high and low levels are adjusted in real-time based on the most recent significant price movements, providing a reliable measure of market sentiment.
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Indecisive and Explosive CandlesThe Explosive & Base Candle with Gaps Identifier is an indicator designed to enhance your market analysis by identifying critical candle types and gaps in price action. This tool aids traders in pinpointing zones of significant buyer-seller interaction and potential institutional activity, providing valuable insights for strategic trading decisions.
Main Features:
Base Candle Identification: This feature detects Base candles, also known as indecisive candles, within the price action. A Base candle is characterized by a body (the difference between the close and open prices) that is less than or equal to 50% of its total range (the difference between the high and low prices). These candles mark zones where buyers and sellers are evenly matched, highlighting areas of potential support and resistance.
Explosive Candle Identification: The indicator identifies Explosive candles, which are indicative of strong market moves often driven by institutional activity. An Explosive candle is defined by a body that is greater than 70% of its total range. Recognizing these candles helps traders spot significant momentum and potential breakout points.
Supply and Demand Zone Identification: Both Base and Explosive candles are essential for identifying supply and demand zones within the price action. These zones are crucial for traders to place their trades based on the likelihood of price reversals or continuations.
Gap Detection: The indicator also detects gaps, defined as the difference between the close price of one candle and the open price of the next. Gaps are significant because prices often return to these levels to "fill the gap," providing opportunities for traders to predict price movements and place strategic trades.
Visual Markings and Alerts: The indicator visually marks Base and Explosive candles as well as gaps directly on the chart, making them easily identifiable at a glance. Traders can also set customizable alerts to notify them when these key candle types and gaps appear, ensuring they never miss an important trading opportunity.
Customizable Settings: Tailor the indicator’s settings to match your trading style and preferences. Adjust the criteria for Base and Explosive candles, as well as how gaps are detected and displayed, to suit your specific analysis needs.
How to Use:
Add the Indicator: Apply the Explosive & Base Candle with Gaps Identifier to your TradingView chart.
Analyze Identified Zones: Observe the marked Base and Explosive candles and gaps to identify key areas of support, resistance, and potential price reversals or continuations.
Set Alerts: Customize and set alerts for the detection of Base candles, Explosive candles, and gaps to stay informed of critical market movements in real-time.
Integrate with Your Strategy: Use the insights provided by the indicator to enhance your existing trading strategy, improving your entry and exit points based on the identified supply and demand zones.
The Explosive & Base Candle with Gaps Identifier is an invaluable tool for traders aiming to refine their market analysis and make more informed trading decisions. By identifying critical areas of price action, this indicator supports traders in navigating the complexities of the financial markets with greater precision and confidence.
FVG Breakaway/3rd Candle (Arjo) [MK]Simple script to identify FVGs (Fair Value Gaps) on the current chart timeframe. The script differs from other FVG indicators on the Tradingview platform by using Arjos 3rd candle rule to identify which gaps are 'Breakway Gaps' and which Gaps are likely to be returned to.
NOTE: As with all 'trading rules' this theory is not 100% accurate.
default settings:
Breakaway Gaps = YELLOW
Gaps that price may return to = GREEN
Mitigated Gaps = 100% TRANSPARENT
What is a FVG:
A FVG is a price area defined by a 3 candle pattern. For a bullish FVG, the low of the 3rd candle must be higher than the high of the 1st candle. This then leaves an area that is drawn as in the example below:
A bearish FVG is defined by the high of the 3rd candle being lower than the low of the 1st candle, as shown in the example below:
FVGs can act like magnets where price will either retrace to or reach for, therefore they can be used as entry points and also for take profit target levels.
If for example, a trader would like to use an FVG for an entry, it would be useful to know which FVGs are more likely for price to re-enter and which FVG will be left un-touched. FVGs that are likely to be left un-touched by price are called 'Breakaway Gaps'.
How do we define a 'Breakaway Gap':
First we identify FVGs using the rules stated above, then we look to see where the 3rd candle closed in relation to the 2nd candle. For a bullish 'Breakaway Gap' we want to see the 3rd candle close above the high of the 2nd candle. An example of a bullish Breakaway Gap is shown in the example below:
A bearish 'Breakaway Gap' is defined by the close of the 3rd candle being lower than the low of the 2nd candle. An example is shown below:
How do we define an FVG that price may return to:
Any gap that does not meet the above rules for a 'Breakway Gap' is therefore considered an FVG that price may return to. So for a bullish FVG that price may return to we would look to see if the close of the 3rd candle is above the high of the 2nd candle. If it is not above the high of the 2nd candle then it more likely that price will retrace into the FVG before continuing higher. An example is shown below:
A bearish gap that price may return to is defined by the close of the 3rd candle not being lower than the low of the 2nd candle. An example is shown below:
The indicator is based on the teachings of 'Arjo'. Note: breakaway gaps will only remain 'breakaway' until a liquidity level is reached. Breakaways therefore do not remain 'breakaway' forever. Users of the indicators must fully comprehend this theory before using the indicator with live markets.
Users of the script should be fully aware of this concept and also have conducted thorough backtesting using a large data set before using this indicator with live accounts.
Doji Candle _ ThaerAbusalahIdentify doji candles in heikin ashi .
the indicator will search for a doji candles that are same in upper and lower wick by 50% and more .
Extended Hour CandleThe Extended Hour Candle shows extended hour candle formations on the Daily chart. This indicator can be useful for those who want to analyse price movements during extended trading sessions without switching to intraday charts with "Extended trading hours" enabled.
How to Use:
Add the Extended Hour Candle indicator to a TradingView chart.
Adjust the color settings according to personal preferences, using the options to set the desired colors for up and down candles.
See the Candle during extended trading hours on the Daily chart
TTP Green/Red Consecutive CandlesThis indicator counts consecutive green/red candles offering some basic statistics and signals/alerts.
Features
- Counts consecutive green/red candles in an oscillator chart
- Moving average of the counting helps spotting when the consecutive candles are away from the mean. MA length and multiplier to adjust the signal sensitivity.
- Thresholds can be set to backtest and send alerts on any number of arbitrary consecutive candles of the same color.
- All time highs: the indicator keeps track of when the maximum has been reached
- Distribution data: the number of times each number of consecutive color candles has been reached is offered
Signals
- Threshold signal triggers when the number of candles of the same color is above the specified threshold.
- MA cross signal triggers when the number of candles of the same color is above the MA.
Boring Candles by BitcoinBailyBoring candlestick is a candlestick whose body is less than 50% of its total candlestick range, this candle is usually small in size.
This indicates that the price range between the open and close of this candle was relatively small, and that there was not a lot of volatility during that time period.
Sunset candlesDisplays the volume behind each candle with colors, to visualise their evolution over time, directly in the chart.
This indicator is best suited for dark mode (Suggested background color: #0a0c12).
The more intense is the color, the bigger is the volume.
The unit is a 400 periods moving average of the volume, considered as 1 volume.
Each color represents half of this volume. For ex: Grays indicate under (or equal) to the 400 MA (low volumes). Bright yellow represents above 7 times the 400 MA (very high volumes).
When there's no available volume datas, the candles turn bright green by default.
The wicks' colors stay the same, and can still indicate the direction of the candle.
In the settings, you can show/hide the gradient of the volume. By moving your chart over this gradient, it is possible to compare the candles to the colors, and read the corresponding volume number.
20% up with all continuously green candle: Lovevanshi It can be used to get the indication for 20% up movement among all continuously green candles formed in past. It is suitable for Indian company stock for short term trading plans.
Elephant - Shooting Star CandlesThis script aims to show elephant and shootingstar candles. Body for elephant are at least 70% of the whole candle. Shootingstar have a body of 35% times the lenht of the full candle. Both are searched with 1.3 Standard Deviations as noise within 100 bars. Colors are ploted if closes above/below 200 SMA
[LixxChartz] Engulfing Candle Auto FinderProbably the most complicated script you have seen...
The Engulfing Candle Script that ACCTUALLY finds the engulfing candles.
This indicator is a part of my new script I am creating and I will be realising soon. Hope it helps.
I really don't understand why other people were making it so complicate LOL
Swing Highs/Lows & Candle Patterns [LuxAlgo]This script labels swing highs and swing lows as well as the candle pattern that occurred at that precise point. The script can detect the following 6 candle patterns: hammer, inverse hammer, bullish engulfing, hanging man, shooting star, and bearish engulfing.
This indicator by its very nature backpaints by default, meaning that the displayed components are offset in the past.
🔶 USAGE
It can be interesting to see if a top or bottom is associated with a specific candle pattern, this allows us to study the potential of such a pattern to indicate a reversal. You can hover on a label with a specific pattern to see more details about it.
The notations HH, HL, LH, and LL you can see on the labels are defined as follows:
HH : Higher high
HL : Higher low
LH : Lower high
LL : Lower low
🔶 SETTING
Length: Sensitivity of the swing high/low detection, with lower values returning the maximum/minimum of shorter-term price variations.
Candlestick Reversal SystemHello Traders,
In the book "Secrets of a Pivot Boss: Revealing Proven Methods for Profiting in the Market" by Franklin Ochoa, Four different types of reversal systems were introduced and candlestick patterns are used to find reversals. I will not write a lot about the book, you should get/read it for yourself. There are many great ideas in the book, Candlesetick Reversal System, Following Trend, Time Price Opportunity, Advanced Camarilla Concepts and much more.
Reversal systems mentioned in the book are :
- Wick Reversal System
- Exteme Reversal System
- Outside Reversal System
- Doji Reversal System
I tried to add these four reversal systems to the script. If you need detailed info you better read the book ;)
Enjoy!
BH - Candlestick Pattern DetectionThis is a script to help the beginners locate the candle patterns. It has a nice code that can be used in other scripts too. Easy to use with separated functions, simple patterns and complex patterns detections.
I have done some updates at the Candlestick Patterns Identified script by @repo32. Was a good start of my ideia. Tks for sharing repo.
It will be always under constant development but I want to share this first version to know what can be done to get better, improve, get more desired patterns, know what are you guys using that could be helpful.
I still need to check if all patterns are correct.
Any comments, help and suggestions will be appreciated.
Marcos Issler @ Isslerman
Accumulation-Distribution CandlesThis structural visualization tool maps each candle through the lens of Effort vs. Result, blending Volume, Range, and closing bias into a normalized pressure score. Candle bodies are dynamically color-coded using a five-tier system—from heavy accumulation to heavy distribution—revealing where energy is building, dispersing, or neutral. This helps to visually isolate Markup, Markdown, Re-accumulation, and Distribution at a glance.
The indicator calculates a strength score by multiplying price result (close minus open) by effort (volume or price range), smoothing this raw value using a Fibonacci-based EMA. (34 for standard, 55 for crypto; the higher crypto value acknowledges that 24/7 trading offers more hours per week or month than trad markets.) The result is standardized against its rolling deviation and clamped to a range. This score determines the visual tier:
• 💙 Dark Blue = heavy Accumulation (strong upward result on strong effort)
• 🩵 Pale Blue = mild Accumulation
• 🌚 Gray = neutral (low conviction or balance)
• 💛 Pale Yellow = mild Distribution
• 🧡 Deep Yellow = heavy Distribution (strong downward result on strong effort)
The tool is optimized for the 1D chart, where Wyckoff phases are most clearly expressed. However, it adapts well to lower timeframes when used selectively. Traders may hide the body coloring and enable only zone highlighting to preserve other candle overlays such as SUPeR TReND 2.718, which offers directional clarity and trend duration. This combination is especially useful on intraday charts (15m–1H) where microstructure matters but visual clutter must be avoided.
When used alongside other Volume overlays (such as the OBVX Conviction Bias) or Volatility indicators (such as the Asymmetric Turbulence Ribbon (ATR)), this indicator adds confluence to directional setups by contextualizing pressure with Volatility. For example: compression zones marked by ATR may align with persistent pale blue candles—indicating quiet Accumulation before expansion.
Optional Overlays:
Normally ON -
• 📌 Pin Bars , filtered by volume, to isolate wick-dominant reversals from key zones
• 💪🏻 Strong-Body Candles — fuchsia candles w/ high body-to-range ratio reflect conviction
• 🧯 Wick Absorption Candles — red candles w/ long wicks and low closing strength indicate failed pushes or absorbed breakouts
• 🟦/🟧 Zone Highlighting for candles above a defined Accumulation/Distribution threshold
Normally OFF -
• 🔺 Fractals (5-bar) to map swing pivots by underlying pressure tier (normally OFF)
• 🟥/🟩 Engulfing patterns, filtered by directional conviction (normally OFF)
The Pin Bar strategy benefits most from the zone logic—when a bullish pin bar appears in an Accumulation zone (esp. pale or dark blue), and Volume exceeds its rolling average, it may mark a spring or failed breakdown. Conversely, bearish pins in Distribution zones can mark rejection or resistance.
This is not a signal engine—it’s a narrative filter designed to slot cleanly into a multi-layered workflow of visual structure and informed execution. Use it to identify bias and phase. Then deploy trade triggers from tools like SUPeR TReND 2.718, or the liquidity flows shown the The Silver Lining or the AltSeasonality - MTF indicators, for example. The candle colors tell you who’s in control—the other tools tell you when to act.
Momentum Candle Identifier # Momentum Candle Identifier
This indicator helps traders identify significant momentum candles by analyzing candle body size relative to recent price action (think after consolidation periods). Unlike traditional volatility indicators, this tool specifically focuses on price movement captured by the candle body (open to close distance), filtering out potentially misleading wicks.
## How It Works
- The indicator calculates the average candle body size over a user-defined lookback period
- Momentum candles are identified when their body size exceeds the average by a customizable threshold multiplier
- Bullish momentum candles (close > open) are highlighted in a user defined color
- Bearish momentum candles (close < open) are highlighted in a user defined color
- A real-time information panel displays key metrics including current average body size and threshold values
## Key Features
- Focus on candle body size rather than full range (high to low)
- Custom lookback period to adapt to different timeframes
- Adjustable threshold multiplier to fine-tune sensitivity
- Customizable colors for bullish and bearish momentum candles
- Optional labels for momentum candles
- Information panel showing lookback settings, average size, and momentum candle count
## Usage Tips
- Use shorter lookback periods (3-5) for more signals in choppy markets
- Use longer lookback periods (8-20) to identify only the most significant momentum moves
- Higher threshold multipliers (2.0+) will identify only the strongest momentum candles
- Combine with trend indicators to find potential reversal or continuation signals
- Look for clusters of momentum candles to identify strong shifts in market sentiment
This indicator helps identify candles that represent significant price movement relative to recent activity, potentially signaling changes in market momentum, sentiment shifts, or the beginning of new trends.
Volume Footprint POC for Every CandleCalculating and plotting the Point of Control (POC) for every candle on a volume footprint chart can provide valuable insights for traders. Here are some interpretations and uses of this information:
1. Identify Key Price Levels
Highest Traded Volume: The POC represents the price level with the highest traded volume for each candle. This level often acts as a significant support or resistance level.
Confluence Zones: When multiple POCs align at similar price levels over several candles, it indicates strong support or resistance zones.
2. Gauge Market Sentiment
Buyer and Seller Activity: High volume at certain price levels can indicate where buyers and sellers are most active. A rising POC suggests stronger buying activity, while a falling POC suggests stronger selling activity.
Volume Profile: Analyzing the volume profile helps in understanding the distribution of traded volume across different price levels, providing insights into market sentiment and potential reversals.
3. Spot Trends and Reversals
Trend Continuation: Consistent upward or downward shifts in POC levels can indicate a trend continuation. Traders can use this information to stay in trending positions.
Reversal Signals: A sudden change in the POC direction may signal a potential reversal. This can be used to take profits or enter new positions.
4. Intraday Trading Strategies
Short-Term Trading: Intraday traders can use the POC to make informed decisions on entry and exit points. For example, buying near the POC during an uptrend or selling near the POC during a downtrend.
Scalping Opportunities: High-frequency traders can use shifts in the POC to scalp small profits from price movements around these key levels.
5. Volume-Based Indicators
Confirmation of Other Indicators: The POC can be used in conjunction with other technical indicators (e.g., moving averages, RSI) to confirm signals and improve trading accuracy.
Support and Resistance: Combining the POC with traditional support and resistance levels can provide a more comprehensive view of the market dynamics.
In summary, the Point of Control (POC) is a valuable tool for traders to understand market behavior, identify key levels, and make more informed trading decisions. If you have specific questions or need further details on how to use this information in your trading strategy, feel free to ask! 😊
Longest Candles HighlighterDescription:
The Longest Candles Highlighter is a simple yet effective tool that identifies and highlights candles with significant price ranges. By visually marking candles that meet specific size criteria, this indicator helps traders quickly spot high-volatility moments or significant market moves on the chart.
Features:
1. Customizable Candle Range:
- Define the minimum and maximum candle size in pips using input fields.
- Tailor the indicator to highlight candles that are most relevant to your trading strategy.
2. Flexible for Different Markets:
- Automatically adjusts pip calculation based on the instrument type (Forex or non-Forex).
- Accounts for differences in pip values, such as the 0.01 pip for JPY pairs in Forex.
3. Visual Highlighting:
- Highlights qualifying candles with a customizable background color for easy identification.
- The default color is red, but you can choose any color to match your chart theme.
4. Precision and Efficiency:
- Quickly scans and identifies candles that meet your criteria, saving you time in analyzing charts.
- Works seamlessly across all timeframes and asset classes.
How It Works:
- The indicator calculates the range of each candle in pips by subtracting the low from the high and dividing by the appropriate pip value.
- It checks whether the candle's size falls within the user-defined minimum and maximum pip range.
- If the conditions are met, the background of the candle is highlighted with the specified color, drawing your attention to significant price movements.
Use Case:
- This indicator is ideal for identifying key market moments, such as breakouts, volatility spikes, or significant price movements.
- Traders can use it to quickly locate large candles on any chart, aiding in technical analysis and strategy development.
This tool simplifies the process of spotting important candles, empowering traders to make faster and more informed trading decisions.
CRT candles Multi-Timeframe Intrabar(open Source ) # CRT candles Multi-Timeframe Intrabar Indicator( open source )
This advanced indicator visualizes Candle Range Theory (CRT) across multiple timeframes, providing traders with a comprehensive view of market structure and potential high-probability setups.
## Key Features:
- Supports 7 timeframes: 30 minutes, 1 hour, 2 hours, 4 hours, daily, weekly, and monthly
- Customizable color schemes for each timeframe
- Options to display mid-level (50%) lines for each range
- Bullish and bearish touch detection with customizable label display
- End-of-line labels for easy identification of CRT levels
- Flexible alert system for touch detections on each timeframe
- Adjustable minimum and maximum bar count for range validity
- Options for wick touch and body touch detection
## How It Works:
The indicator plots CRT ranges for each selected timeframe, identifying potential accumulation, manipulation, and distribution phases. It detects when price touches these levels, providing visual cues and optional alerts for potential trade setups.
snapshot
## Customization:
Users can fine-tune the indicator's appearance and functionality through various input options, including:
- Toggling timeframes on/off
snapshot
- Adjusting colors for range lines and mid-levels
- Controlling label display and count
- Setting alert preferences
- Adjusting line widths and label offsets
## Usage:
This indicator is designed for traders familiar with Candle Range Theory and multi-timeframe analysis. It can be used to identify potential entry and exit points, confirm trends, and spot potential reversals across different timeframes.
## Note:
This indicator is for educational and informational purposes only. Always combine with other forms of analysis and proper risk management when making trading decisions.
## Credits:
Inspired by Romeo's Candle Range Theory and developed to provide a comprehensive multi-timeframe analysis tool.
Dead Simple Heikin Ashi Candles (HA Candles)Are you looking for a dead simple calculation of the Heikin Ashi candles as they are calculated in tradingview? Here it is!
I was looking through the library and I saw that many have come up with a lot of awesome scripts using heikin ashi candles. But, I can't find anywhere that had the straightforward simple version of how Tradingview calculates them. This was a problem for me because I realized after punching the formula in that TradingView doesn't calculate HA candles in the original way.
You might say they don't calculate them the "right" but, spoiler alert, there is no right in trading. You can only be rational or irrational as you make money or lose money.
This is useful to me for building out some portions of an algo that are not going to be compatible with the built-in function. It happens. So, if you were looking for it too, hopefully it saves you some time.
For reference the original calc of HA candles is:
o = (prev_HA_open + prev_HA_close) / 2
h = math.max(high, ha_open, ha_close)
l = math.min(low, ha_open, ha_close)
c = ohlc4
Trade Well.
% Change CandleThis script creates a trading indicator that shows how much the price of a financial instrument (like a stock or currency) changes within each trading period, represented by candles on a chart. Each candle shows the range of prices from the highest to the lowest within a specific time frame.
The indicator calculates the percentage difference between the highest and lowest prices for each candle. If the closing price of the candle is higher than the opening price, suggesting that the price has gone up during that period, the indicator will display this percentage increase as a green line. Conversely, if the closing price is lower than the opening price, indicating a price decrease, it will display the percentage decrease as a red line.
In simple terms, this indicator provides a visual way to see how much and in which direction the price is moving during each trading period, with green lines showing periods of price increase and red lines showing periods of price decrease.
FalconRed 3 Candlestick LevelsThis Pine Script indicator is designed to enhance price action analysis by identifying specific candle patterns that signal potential buying and selling levels. The analysis is based on the characteristics of the current candle and its two immediate predecessors.
For identifying buying levels, the script examines the wicks of the candles, highlighting areas where buying and selling struggle is evident. The indicator recognizes significant breaks above wick levels, especially when followed by a subsequent candle with a lower wick. This combination suggests that previous selling pressure has been challenged and overcome.
Buy breakout and retest levels are highlighted with green color, providing a clear visual indication of potential buying opportunities. The indicator draws horizontal lines that extend to the right, offering insights into the frequency of retests and the recurrence of similar patterns in specific price zones, thereby confirming and reinforcing the observed price action.
Similarly, the indicator scrutinizes the selling side, pinpointing breakdown and retest levels. These areas are highlighted with red color, aiding in the identification of potential selling opportunities.
This indicator serves as a valuable tool for analyzing price action levels and visualizing buying and selling areas. It can be effectively combined with other technical indicators to enhance confidence in trading decisions. Gain deeper insights into market dynamics and improve decision-making by integrating this candle pattern analysis indicator into your trading strategy.
Price-Action Candles (Lower)What is a swing high or swing low?
Swing highs and lows are price extremes. For example say we set our swing length to 5. A candle that is a swing high with a swing length of 5 will have 5 bars to the left that are lower and 5 bars to the right that are lower. A candle that is a swing low with a swing length of 5 will have 5 bars to the left that are higher and 5 bars to the right that are higher.
How is the trend coloring calculated?
The trend coloring is calculated the exact same way as our trend candles study... by storing and comparing historical swing lows and swing highs.
The pinescript code goes as follows:
The pinescript code goes as follows:
var int trend = na
trend := ((hh and high >= psh) or close > csh) ? 1 : ((ll and low <= psl) or close < csl) ? -1 : lh or hl ? 0 : trend
What does that gibberish mean?
-Trend can be GREEN IF
- We have a higher high (current swing high is greater than the previous swing high) and the high is greater than the previous swing high
- OR The current close is greater than the current swing high
-Trend can be RED IF
- We have a lower low (current swing low is less than the previous swing low) and the low is less than the previous swing low
- OR The current close is less than the current swing low
-Trend can be YELLOW IF
- We have a new swing high and the new swing high is less than the previous swing high
- OR We have a new swing low and the new swing low is greater than the previous swing low
If none of the conditions above are true then we continue with whatever color the previous bar was.
What is repainting?
Repainting is "script behavior causing historical vs realtime calculations or plots to behave differently." That definition comes directly from Tradingview. If you want to read the full explanation you can visit it here www.tradingview.com . The price-action candles use swing highs and swing lows which need bars to the left (past) and bars to the right ("future") in order to confirm the swing level. Because of the need to wait for confirmation for swing levels the plot style can be repainting. The Price-Action Candles (Lower) indicator, or this indicator, has no repainting anywhere. We opt to not shift back the candle coloring which causes the repainting, but it is relevant to discuss since this indicator's sibling (Price-Action Candles) can have repainting labels.
Repaint
Here the labels are shifted back the price-action length. Repainting is not present in the Price-Candles (Lower) study, but can be found in this indicator's sibling (Price-Action Candles).
Non-Repaint
Here the labels are not shifted back or "repainted". Repainting is not present in the Price-Candles (Lower) study, but can be found in this indicator's sibling (Price-Action Candles).
Multi-timeframe Analysis
The users can view multi-timeframe historical price action trend via this lower study. Each timeframe is plotted as its own on the lower pane and you can determine what timeframe it is by the label next to the plot.
More examples
Pair the Price-Action Candles (Lower) indicator with our main price indicator that colors candles based on trend and can show price action labels.
