OPEN-SOURCE SCRIPT
Updated Open = High or Low?
Open = High or Low? (o=horl)
Coefficient e.g.
EURUSD: 0.0001
BTCJPY: 100
USDJPY: 0.01
BTCUSD: 1
Coefficient e.g.
EURUSD: 0.0001
BTCJPY: 100
USDJPY: 0.01
BTCUSD: 1
Release Notes
Many people are watching the opening price of candlesticks on each time axis. Opening price is very important.This indicator shows the OHLC Open as a line. If Open is nearly the same as High or Low, the color of the line changes.
The same value indicates the strength of the market flow and the firmness of that price range.
Coefficient e.g.
EURUSD: 0.0001
BTCJPY: 100
USDJPY: 0.01
BTCUSD: 1
DJI: 5
Release Notes
Updates for lighter weight and improving visibility.Release Notes
Minor updatesRelease Notes
Display labels.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.