This indicator is used to highlight candles that dropped within a certain period of time.
I created this indicator just in case I want to look for potential bargain entries in the cryptocurrency market.
Release Notes
(pinescript v49.0)
changes: - removed repainting - only start the highlight when big dropped occurs until the larger timeframe's session - added highlight on the start of the larger timeframe's session - added style settings for the highlights - added alerts
Release Notes
(pinescript v55.0)
changes: - added labels on charts for when big drops occur
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.