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The CRT Candle Marker is a custom indicator designed to identify and highlight specific candlestick patterns on a chart. This indicator focuses on detecting candles where the body of the candlestick is larger than the combined size of its wicks (upper and lower). Such candles often indicate strong momentum in the market, making them valuable for traders who rely on price action analysis.
Features
Automatic Detection: The indicator automatically scans all candlesticks on the chart to identify CRT candles.
Visual Marking: Once a CRT candle is detected, it places a label with the text "CRT" above the candlestick for easy identification.
Customizable Design: The label is styled with a blue background and white text, ensuring it stands out clearly on the chart.
Use Case
The CRT Candle Marker is particularly useful for traders who:
Want to identify strong momentum candles that could signal potential trend continuation or reversal points.
Rely on price action strategies and need visual cues to spot significant patterns quickly.
Analyze candlestick behavior to confirm entry or exit points in their trading strategies.
How to Use
Copy the Pine Script code and paste it into the Pine Editor in TradingView.
Click Add to Chart to apply the indicator.
Look for candles marked with the "CRT" label to identify strong momentum candles.
Example Scenario
Imagine you're analyzing a chart and looking for strong bullish momentum. With the CRT Candle Marker, you can easily spot candles where the buyers dominated the session, as indicated by a large body relative to the wicks. Similarly, bearish CRT candles could indicate strong selling pressure.
Conclusion
The CRT Candle Marker is a simple yet powerful tool for traders who want to enhance their candlestick analysis. By highlighting significant momentum candles, this indicator helps traders make more informed decisions and improve their overall trading performance.
Features
Automatic Detection: The indicator automatically scans all candlesticks on the chart to identify CRT candles.
Visual Marking: Once a CRT candle is detected, it places a label with the text "CRT" above the candlestick for easy identification.
Customizable Design: The label is styled with a blue background and white text, ensuring it stands out clearly on the chart.
Use Case
The CRT Candle Marker is particularly useful for traders who:
Want to identify strong momentum candles that could signal potential trend continuation or reversal points.
Rely on price action strategies and need visual cues to spot significant patterns quickly.
Analyze candlestick behavior to confirm entry or exit points in their trading strategies.
How to Use
Copy the Pine Script code and paste it into the Pine Editor in TradingView.
Click Add to Chart to apply the indicator.
Look for candles marked with the "CRT" label to identify strong momentum candles.
Example Scenario
Imagine you're analyzing a chart and looking for strong bullish momentum. With the CRT Candle Marker, you can easily spot candles where the buyers dominated the session, as indicated by a large body relative to the wicks. Similarly, bearish CRT candles could indicate strong selling pressure.
Conclusion
The CRT Candle Marker is a simple yet powerful tool for traders who want to enhance their candlestick analysis. By highlighting significant momentum candles, this indicator helps traders make more informed decisions and improve their overall trading performance.
發行說明
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這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。