Bitcoin / TetherUS

Candlestick Math

589
Candlestick Math - V1.0

Sometimes , you need to do some candlestick math to drown out the noise between the candles . This helps in better decision making overall by understanding the effect of the last few candles.
Candlestick Math creates a new blended candle which can be interpreted as a summary of the defined period . The indicator uses Lookback period as an option to define the period.

For those who are not familiar with the Candlestick math , please google it and you will see many references. Please do note that this is a very short code and future versions will contain Multi frame capabilities as well as candle recognition.

If you do like the indicator , I would appreciate a like !

Cheers ,

Bitfanatic

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.