Candle Type is based on @robintheblack's "THE STRAT" philosophy and @crinklebine's "candle type" pine script.
This version distinguishes 4 potential candle types:
I = Inside previous bar's range
O = Outside previous bar's range
U = Up (high is greater than previous bar's range & NOT outside)
D = Down (low is lower than previous bar's range & NOT ouside)
This version distinguishes 4 potential candle types:
I = Inside previous bar's range
O = Outside previous bar's range
U = Up (high is greater than previous bar's range & NOT outside)
D = Down (low is lower than previous bar's range & NOT ouside)