The script allows you to specify the values for each state (HH, HL, LL, LH) for two bars. Labels as Bars:
Instead of line.new, this script uses label.new to simulate a pseudo-bar chart. Bars are visually represented as labels, with distinct positions and colors. Offset Logic:
The offset ensures that each category has its labels (bars) placed at the correct horizontal distance. Custom Categories:
The categories array ("HH", "HL", "LL", "LH") links to their respective values.
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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