<50% Body Candle — Indicator by Dutchinvestor

supportandresistance candlestick forex stocktrading

Script to identify candlesticks with less than 50% body of total high low candlestick. Places a dot inside the candle. Make sure indicator is moved in the top of Objects Tree so the dot will not be hidden behind the candlebar.

Release Notes:

Tradingview script version 3 applied. No other changes.

Release Notes:

Tradingview script version 3 applied. No other changes.

Release Notes:

Correction previous note: Tradingview script version 4 applied. No other changes.

Release Notes:

Script has been updated from pine script v4 to v5. No other changes have been applied.

Release Notes:

Chart has been updated (for educational purpose only)

Open-source script

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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