Candle Information Table

2月2日

This indicator provides a table and labels displaying key candle metrics, allowing traders to analyze candle structure and strength. The table updates to show real-time data for the current and previous candles.

• Table Positioning: Choose from four preset locations (top_left, top_right, bottom_left, bottom_right) to place the table on the chart.
  
  
• Customizable Appearance: Adjust background color, text color, and text size for optimal visibility.
  

• Detailed Candle Metrics: View a breakdown of individual candle characteristics, including:
  
  • Profile: Identifies if the candle is Bullish or Bearish.
    
  • Range: Total high-to-low price range of the candle.
    
  • Body Range: Percentage of the candle body relative to its range.
    
  • Wick Range: Percentage of the combined wick length relative to the candle range.
    
  • Upper & Lower Wick Ranges: The relative size of the wicks above and below the body.
    
  • Candle Strength Indicator: Evaluates the candle’s strength (Firm, Weak, or Neutral) based on body-to-wick ratio.
    
  • Firm Candle Thresholds: Define a threshold to categorize strong candles based on body-to-range ratio.
    

• Strength Analysis:
  
  • A candle is classified as Firm if its body is greater than the wick percentage threshold.
    
  • The indicator determines price levels required for the candle to close firmly in the current direction.
    
  • Strength can be displayed via a label near the current bar and is color-coded (Green for firm, Red for weak, White for neutral).
    
  • Price needed for firm close can also be displayed within a label at or near the current bar.
    

• Real-Time Table:
  
  • The table updates in real-time and displays two columns:
    
    • Current Candle Metrics
      
    • Previous Candle Metrics
      

This tool can be helpful for traders looking to assess candle structure, wick pressure, and overall price action dynamics with clear visual cues.

3月12日

發行說明

Added a couple of optional features to add some existing metrics appearing in the table to the labels for candle price firmness and closing price needed for the current candle to be considered firm.