Bar%Change — Indicator by RobertD7723

candlestick movingaverage momentum candlestickanalysis

This is a visual study to hilight the change is candlestick by percentage. the percentages are calculated by the duration of the momentum. This study is not designed for automated trading.

The triangles show buys/sells on the basis of momentum. Buys occur below momentum, while sells occur above.

Percentages are shown in red if closing less then opening or closing less then previous closing, otherwise green.

Buying and selling changes in candlestick percentages are user configurable.

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This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.

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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.

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