PROTECTED SOURCE SCRIPT
Large Candles Checker

Using this indicator allows you to indentify large candles directly in your stock chart at first glance.
It uses two different sorts for large candles (e.g. larger than 3%) and for very large candles (e.g. larger than 6%). These values can be changed in the indicator settings.
Hope this helps many of you to be more efficient in your chart analysis - have fun!
The *Large Candles Checker* algorithm was optimized in the updated version. Also tails and wicks (also referred to as long and short shadows) were added to the calculation.
You will be able to configure the tails and wicks in the indicator settings.
The calculated percentage value of large candles will now also be displayed.
It uses two different sorts for large candles (e.g. larger than 3%) and for very large candles (e.g. larger than 6%). These values can be changed in the indicator settings.
Hope this helps many of you to be more efficient in your chart analysis - have fun!
The *Large Candles Checker* algorithm was optimized in the updated version. Also tails and wicks (also referred to as long and short shadows) were added to the calculation.
You will be able to configure the tails and wicks in the indicator settings.
The calculated percentage value of large candles will now also be displayed.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.