OPEN-SOURCE SCRIPT
Updated Leg Out & Indecision
Displays Leg Outs & Indecission Candles.
Parameters can be adjusted:
- Length: the number of candles used for calculating the AVG body.
- Legout Scale: the scale factor of the legout based on the AVG. of previous lenght candles
- Indecission candles: Indecission candles which body are lower than % range of the candle
Parameters can be adjusted:
- Length: the number of candles used for calculating the AVG body.
- Legout Scale: the scale factor of the legout based on the AVG. of previous lenght candles
- Indecission candles: Indecission candles which body are lower than % range of the candle
Release Notes
Better annotations for Users
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. You can favorite it to use it on a chart.
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