This script simply takes a user-defined bar height number (variable barHeight) to find large candles. Automatically colors large bullish and bearish candles green or red, respectively. The barHeight can be modified to fit your needs.
Use this in a variety of ways:
- Confirm breakouts of support / resistance
- Identify new trends
Use this in a variety of ways:
- Confirm breakouts of support / resistance
- Identify new trends
Deposits welcome
ETH: 0x6F27eB87148522eb5cB0D2b19f2E27CeB4D0964d
BTC: 1xF8jqpnorL8FdxJuxLJvyrN6Zda3fUJs
ETH: 0x6F27eB87148522eb5cB0D2b19f2E27CeB4D0964d
BTC: 1xF8jqpnorL8FdxJuxLJvyrN6Zda3fUJs
//@version=2
strategy("Big Candles", overlay=true)
barHeight = input(.032)
bigUp() => close > open and high-low > barHeight
bigDown() => close < open and high-low > barHeight
plotshape(bigUp(), color=green, style=shape.arrowup, text="Buy")
plotshape(bigDown(), color=red, style=shape.arrowdown, text="Sell")
barcolor(bigDown() ? red : bigUp() ? green : gray)