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
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
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
