OPEN-SOURCE SCRIPT

Candlestick Plot MTF

Обновлено
Plots the live non-repainting candles for a higher time interval than the chart interval.

Features:

  • Configuration of the look and feel of the MTF candles.
  • Live candles update as the price action evolves for the session.
  • Historical candles can be toggled on/off.
  • Includes a moving average ribbon that is also MTF, matching the interval chosen.


Please watch this video to understand more:

Информация о релизе
  • Improved gap logic.
Информация о релизе
  • Added Heikin Ashi Candles.
Информация о релизе
  • Fixed issues with heikin ashi plot.
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  • Updated max "recent" candle count. Shows a maximum of 90 candles built with pine 4.0 lines instead of 9.
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  • Major overhaul to Pine V5.
  • Swapped candle body lines for "boxes" that were recently introduced. This has increased the total number of drawn candles by a factor of 4x.
  • Removed Moving Averages.
  • Removed "historical candles". There is a max bars back limitation. This new version will show 500 boxes (candles) in history. Only the most recent 250 candles will show wicks.
  • Code is condensed and simplified, speed improved.
Информация о релизе
  • Added simple countdown label showing the time remaining until the interval ends.
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  • Removed unused plot.
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  • Added volume gradient.
  • Shade the background of candles and set the border width based on the candle relative volume compared to the previous N candles.\n\nA candle with a lower relative volume will appear more transparent and have a thinner border, while a candle with a higher relative volume will appear more opaque and have a thicker border.
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  • Minor updates and improvements,
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  • Added better volume gradient range.
  • Added large tooltips in the center of each candle that can be shown when hovered over. These tooltips show the current candle volume and also the volume percentile rank.
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  • Tweaked volume gradient shading mechanism.
  • Added option to show volume percentile value inside candle.
  • Updated tooltips.
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  • Added ability to set the wick colors based on bullish/bearish candles.
  • Added fade in/out mechanism to the volume percentile rank labels. The text opacity approaches 100 as the rank approaches 100.


снимок
Информация о релизе
  • Set text opacity function to sqrt.
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  • Added 'distribution' rank mode. See description in pictures attached to this update message.


Interesting combination of distribution and percentile rank modes on the same candle. This is live and occurred a few minutes ago when the CORE PCE data headline was released.

снимок

снимок
Информация о релизе
  • Updated input descriptions.
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  • Added option to use custom sigma value, see input notes to know more next to the sigma variable.
  • Updated 'hybrid' candlestick types.
  • Updated documentation.
candleformationCandlestick analysiscandlestickpatterncandlesticksignalscandlestickspatternscandlesticktradermulti-timeframeTrend AnalysisVolatility

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