INVITE-ONLY SCRIPT
Aurora Candle
已更新
The indicator is derived from the concept of Aurora Candles (Credit to RK Arora)
Description
The script instantly calculates and highlights the largest candle (from high to low) in a user specified lookback period. It then plots the expected support, resistance, supply and demand levels. When a larger candle is printed, it will immediately plot the new levels.
How To Use
Use the indicator to find the largest candle in a specified lookback period.
• As soon as the Aurora candle is printed, future levels are plotted.
• If a larger candle is printed it will reset and create a new roadmap as big money dictates the market.
• The Aurora candle will mirror itself above and below X amount of times based on your settings.
• Colours, levels and lookback period are customizable.
• There is only 1 look back period. You can add more than one indicator if you want to set different lookback periods for long and short term levels.
Access the indicator
• Contact me on TradingView
Description
The script instantly calculates and highlights the largest candle (from high to low) in a user specified lookback period. It then plots the expected support, resistance, supply and demand levels. When a larger candle is printed, it will immediately plot the new levels.
How To Use
Use the indicator to find the largest candle in a specified lookback period.
• As soon as the Aurora candle is printed, future levels are plotted.
• If a larger candle is printed it will reset and create a new roadmap as big money dictates the market.
• The Aurora candle will mirror itself above and below X amount of times based on your settings.
• Colours, levels and lookback period are customizable.
• There is only 1 look back period. You can add more than one indicator if you want to set different lookback periods for long and short term levels.
Access the indicator
• Contact me on TradingView
發布通知
Added customizable thickness of the lines發布通知
Default Colours
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