This script "slices up' the price action in hourly, daily, weekly,... slices to give a view of the sentiment and price action or volume during the selected period.
Different time periods can be selected.
There is a choice to display the information in:
- normal candlesticks - heikin ashi candles - volume candles
JD.
#NotTradingAdvice #DYOR
Disclaimer. I AM NOT A FINANCIAL ADVISOR. THESE IDEAS ARE NOT ADVICE AND ARE FOR EDUCATION PURPOSES ONLY. ALWAYS DO YOUR OWN RESEARCH!
Informacje o Wersji
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Updated screenshot
JD.
Informacje o Wersji
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added the option to show the longer timeframe candlestick so that so see it develop as it forms.
As you will notice two completely identical candlesticks may form in a completely different way and thus give a whole different message of who is/was in control.
Any suggestions for further development,... feel free to let me know.
@RozaniGhani-RG, Hi, yes I'm planning on updating all my scripts to incorporate the new functions, but as I have a lot of scripts, it may take some time,... just a little patience please! ;-)
RozaniGhani-RG
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@Duyck, I may try convert to box by myself. So, interesting.
Noldo
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Thanks for your efforts , very nice idea and application !
You can have the option to either show a 'resulting candle' for the past timeperiod in the gray bar, or to have a big ovelapping bar over the whole timeframe.
Duyck
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NOTICE:
due to the restriction of Pinescript in max number of line drawings, only the last 9 "big" candlesticks can be shown.