OPEN-SOURCE SCRIPT
Bearish or Bullish Candle
This simple indicator helps you decide whether a candle is bullish or bearish.
--The closer closing price is to the lower red line, the more bearish it is and vice versa.
--If price closes below the red line, the candle is bearish and vice versa.
--The closer closing price is to the lower red line, the more bearish it is and vice versa.
--If price closes below the red line, the candle is bearish and vice versa.
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.
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.
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.