PROTECTED SOURCE SCRIPT

Candle Type (The Strat)

Updated
This script identifies the 3 different candle types for use in #TheStrat (see Twitter).

Candle Type 1 - Inside Candle
Candle Type 2- Up or Down Candle
Candle Type 3 - Engulfing Candle

Analysis of the candle types can help you define actionable signals and draw broadening formations.
Release Notes
Set the precision of the plot to zero as the result is binary for the bar type. Removed an unnecessary variable.
Release Notes
Modified colors to work better across both black and white backgrounds.
Release Notes
Added a version number in the configuration menu.
Code cleanup.
Release Notes
Removed version label
Candlestick AnalysisTrend Analysis

Protected script

This script is published closed-source and you may privately use it freely.

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