This indicator measures and displays the closing strength of each candle relative to its range. It assigns a value from 0 to 100, where - 0 indicates a close at the candle's low, - 100 indicates a close at the high, and - 50 represents a close at the midpoint. The strength is shown as a number on each candle, color-coded green for...
In this script, we're creating a custom indicator to plot the previous day's closing price on the chart. This script retrieves the previous day's close using ta.change(time('d')) function. Then, it checks the value of the previous day's close and determines the increment accordingly input . Finally, it calculates the current day's close by adding the increment to...
This indicator is a beta and is created to indicate the valid high and low close pattern, this isn't a stand alone strategy or reader of the market but can help to read the trend direction. !ATTENCTION! this indicator have repainting, don't thrust it until a candle close some labels have more transparency than other, this is beacause they are lower high or ...
This creates a combination style closing price change on each tick. It has two theme options, one as silver dials for Dark Theme and the other as black dials for White Theme. We get fixated to watching closing prices on charts and it gets visually daunting. This creates a combination style price change which updates on each tick, which is quite pleasing...