AP_BullBearCandles
//Modified: 6/19/2017
//Description:
//Colors bar based on Bullish/Bearish Strength of each candlestick.
//Bullish candles are green and occur when the candle closes in the top range of the current candle and above the highest high of the last n bars.
//Bearish candles are red and occur when the candle closes in the bottom range of the current candle and below the lowest low of the last n bars.
//Any candles that are not bullish or bearish are colored white for up candles and black for down candles.
//The user has the ability to change the look back period of the High Low range.
Modified: 6/20/2017
Description:
Colors bar based on Bullish/Bearish Strength of Candle.
Bullish candles are green and occur when the candle closes in the top range of the current candle and above the highest high of the last n bars.
Bearish candles are red and occur when the candle closes in the bottom range of the current candle and below the lowest low of the last n bars.
Any candles that are not bullish or bearish are colored white for up candles and black for down candles.
The user has the ability to change the bar look back period of the High Low Range.
Note: If you change the look back period, you will have to update the color transparencies under Format/Styles.
Updates:
- Fixed a minor color bug.
- The stronger brighter the candle color the stronger the move relative to itself and the candles within the specified look back period.
Invite-only script
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Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact LiquidityTracker directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.