Same-Direction Candles (Two Symbols)

Aug 25

Same-Direction Candles (Two Symbols)

What it does
Highlights bars on your chart when two symbols print the same candle direction on the chosen timeframe:

Both Bullish → one color

Both Bearish → another color

Great for spotting synchronous moves (e.g., NQ & ES, QQQ & SPY), or confirming risk-on/risk-off with an inverse asset (e.g., NQ vs DXY with inversion).

How it works

For each bar, the script checks whether close > open (bullish), close < open (bearish), or equal (doji) for:

The chart’s symbol

A second symbol pulled via request.security() (optionally on a different timeframe)

If both symbols are bullish, it paints Bull color; if both are bearish, it paints Bear color. Dojis can be ignored.

Inputs

Second symbol: Ticker to compare (e.g., CME_MINI:ES1!, NASDAQ:QQQ, TVC:DXY).

Second symbol timeframe: Leave blank to use the chart’s TF, or set a specific one (e.g., 5, 15, D).

Invert second symbol direction?: Flips the second symbol’s candle direction (useful for inversely related assets like DXY vs indices).

Ignore doji candles: Skip highlights when either candle is neutral (open == close).

Coloring options: Toggle bar coloring and/or background shading; pick colors; set background transparency.

Alerts

Three alert conditions:

Both Bullish

Both Bearish

Both Same Direction (bullish or bearish)

Create alerts from the Add Alert dialog after adding the script.

Use cases

Index confluence: NQ & ES moving in lockstep

ETF confirmation: QQQ & SPY agreement

FX/Index risk signals: Invert DXY against NQ/ES to see when equity strength aligns with dollar weakness

Tips

For mixed timeframes (e.g., chart on 1m, ES on 5m), set Second symbol timeframe to the higher TF to reduce noise.

Keep Ignore dojis on for cleaner signals.

Combine with your own entry rules (structure, FVGs, liquidity sweeps).

Notes

Works on any symbol/timeframe supported by TradingView.

Overlay script; no strategy/entries/exits are executed.

Past performance ≠ future results; for education only.

Version: 1.0 – initial release (bar/background highlights, doji filter, inversion, multi-TF support, alerts).

Aug 25

Release Notes

Same-Direction Candles (Two Symbols)

What it does
Highlights bars on your chart when two symbols print the same candle direction on the chosen timeframe:

Both Bullish → one color

Both Bearish → another color

Great for spotting synchronous moves (e.g., NQ & ES, QQQ & SPY), or confirming risk-on/risk-off with an inverse asset (e.g., NQ vs DXY with inversion).

How it works

For each bar, the script checks whether close > open (bullish), close < open (bearish), or equal (doji) for:

The chart’s symbol

A second symbol pulled via request.security() (optionally on a different timeframe)

If both symbols are bullish, it paints Bull color; if both are bearish, it paints Bear color. Dojis can be ignored.

Inputs

Second symbol: Ticker to compare (e.g., CME_MINI:ES1!, NASDAQ:QQQ, TVC:DXY).

Second symbol timeframe: Leave blank to use the chart’s TF, or set a specific one (e.g., 5, 15, D).

Invert second symbol direction?: Flips the second symbol’s candle direction (useful for inversely related assets like DXY vs indices).

Ignore doji candles: Skip highlights when either candle is neutral (open == close).

Coloring options: Toggle bar coloring and/or background shading; pick colors; set background transparency.

Alerts

Three alert conditions:

Both Bullish

Both Bearish

Both Same Direction (bullish or bearish)

Create alerts from the Add Alert dialog after adding the script.

Use cases

Index confluence: NQ & ES moving in lockstep

ETF confirmation: QQQ & SPY agreement

FX/Index risk signals: Invert DXY against NQ/ES to see when equity strength aligns with dollar weakness

Tips

For mixed timeframes (e.g., chart on 1m, ES on 5m), set Second symbol timeframe to the higher TF to reduce noise.

Keep Ignore dojis on for cleaner signals.

Combine with your own entry rules (structure, FVGs, liquidity sweeps).

Notes

Works on any symbol/timeframe supported by TradingView.

Overlay script; no strategy/entries/exits are executed.

Past performance ≠ future results; for education only.

Version: 1.0 – initial release (bar/background highlights, doji filter, inversion, multi-TF support, alerts).