OPEN-SOURCE SCRIPT
Updated PA Helper - Draw Next 5 Candles
A user-friendly tool designed for a quick visual preview of the next 5 candles on your trading chart.
Here's how to use it effortlessly:
Set Open Prices:
Adjust the open prices for the upcoming 5 candles using the inputs labeled Next close #1 to Next close #5.
Toggle Candles:
Use the checkboxes (p1 to p5) to enable or disable the drawing of each corresponding next candle.
Offset Option:
Customize your preview by toggling the offset option:
If offset is set to false, the drawing starts from the current candle's close, providing insight into the next 5 candles relative to the current one.
If offset is set to true, the drawing begins with the next candle, offering a preview of the upcoming 5 candles, effectively skipping the current one.
Visual Representation:
The indicator visually displays the next 5 candles on your chart based on your selected open prices, offering a clear and tailored insight into potential market movements.
Here's how to use it effortlessly:
Set Open Prices:
Adjust the open prices for the upcoming 5 candles using the inputs labeled Next close #1 to Next close #5.
Toggle Candles:
Use the checkboxes (p1 to p5) to enable or disable the drawing of each corresponding next candle.
Offset Option:
Customize your preview by toggling the offset option:
If offset is set to false, the drawing starts from the current candle's close, providing insight into the next 5 candles relative to the current one.
If offset is set to true, the drawing begins with the next candle, offering a preview of the upcoming 5 candles, effectively skipping the current one.
Visual Representation:
The indicator visually displays the next 5 candles on your chart based on your selected open prices, offering a clear and tailored insight into potential market movements.
Release Notes
Notes:- This tool only shows a preview of how would the next candles look on the chart
- The user will select each candle close price (5 candles preview - 5 prices to select)
- This is not a predictive indicator, but just a tool to help you visualize the next 5 candles based on your input
Release Notes
In short: a tool to manually draw ghost candlesRelease Notes
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Privately maintained PA Helper indicator:
tradingview.com/script/YXOUXW17-PAH/
Join Discord group for Q&A, support, requests, suggestions and/or general trading discussions:
discord.gg/CKuzmFaTKs
tradingview.com/script/YXOUXW17-PAH/
Join Discord group for Q&A, support, requests, suggestions and/or general trading discussions:
discord.gg/CKuzmFaTKs
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Privately maintained PA Helper indicator:
tradingview.com/script/YXOUXW17-PAH/
Join Discord group for Q&A, support, requests, suggestions and/or general trading discussions:
discord.gg/CKuzmFaTKs
tradingview.com/script/YXOUXW17-PAH/
Join Discord group for Q&A, support, requests, suggestions and/or general trading discussions:
discord.gg/CKuzmFaTKs
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.