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INVITE-ONLY SCRIPT
Updated

Aurora Candle with Alert

2 548
The indicator is derived from the concept of Aurora Candles (Credit to RK Arora)

Description

The script instantly calculates and highlights the largest candle (from high to low) in a user specified lookback period. It then plots the expected support, resistance, supply and demand levels. When a larger candle is printed, it will immediately plot the new levels.

How To Use

Use the indicator to find the largest candle in a specified lookback period.

• As soon as the Aurora candle is printed, future levels are plotted.

• If a larger candle is printed it will reset and create a new roadmap as big money dictates the market.

• The Aurora candle will mirror itself above and below X amount of times based on your settings.

• Colours, levels and lookback period are customizable.

• There is only 1 look back period. You can add more than one indicator if you want to set different lookback periods for long and short term levels.

• Alert function has been added

Access the indicator

• Contact me on TradingView
Release Notes
Added the option to include supportive candle levels
Release Notes
Added the option to have a coloured background for the strongest supply and demand area
Release Notes
Added background fill option for the Aurora Candle body
Release Notes
Quarter levels from the Aurora candle's high and low have been added and set to default settings

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 geneclash 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.

Author's instructions

Contact me on TradingView

Warning: please read our guide for invite-only scripts before requesting access.

geneclash
Also on:
auroracandlecandleanalysiscandlepatternscandlesCandlestick analysiscandlestickpatterncandlesticksignalscandlesticktraderforecastingpriceaction

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.
auroracandlecandleanalysiscandlepatternscandlesCandlestick analysiscandlestickpatterncandlesticksignalscandlesticktraderforecastingpriceaction

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 geneclash 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.

Author's instructions

Contact me on TradingView

Warning: please read our guide for invite-only scripts before requesting access.

geneclash
Also on:

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.