OPEN-SOURCE SCRIPT
Directional Close Line
**Directional Close Line**
This indicator connects candle closes to visualize price movement in a clean and structured way.
Instead of reacting to every candle individually, it groups consecutive movements into a single directional run:
• When price closes higher than the previous candle, the line continues upward
• When price closes lower, a new downward line begins
• The line only changes direction when a true reversal in closing price occurs
Key Features:
* Connects close-to-close only (ignores wicks and noise)
* Displays one continuous line per directional move
* Clearly highlights momentum and trend structure
* Helps identify clean runs and reversals in price action
This tool is useful for traders who focus on:
* Momentum tracking
* Breakout structure
* Trend clarity without candle noise
Designed for simplicity, clarity, and real market structure.
This indicator connects candle closes to visualize price movement in a clean and structured way.
Instead of reacting to every candle individually, it groups consecutive movements into a single directional run:
• When price closes higher than the previous candle, the line continues upward
• When price closes lower, a new downward line begins
• The line only changes direction when a true reversal in closing price occurs
Key Features:
* Connects close-to-close only (ignores wicks and noise)
* Displays one continuous line per directional move
* Clearly highlights momentum and trend structure
* Helps identify clean runs and reversals in price action
This tool is useful for traders who focus on:
* Momentum tracking
* Breakout structure
* Trend clarity without candle noise
Designed for simplicity, clarity, and real market structure.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.