OPEN-SOURCE SCRIPT
MRK BUY SELL
## CANDLE BODY STRENGTH BUY SELL
**Candle Body Strength Buy Sell** is a price-action-based indicator designed to measure the strength of each candle by comparing its **real body size with its total High-to-Low range**.
### How It Works
The indicator calculates:
**Body Strength % = |Close − Open| ÷ (High − Low) × 100**
A higher percentage means the candle has a larger body relative to its total range, indicating stronger directional price movement with smaller combined wicks.
### BUY Signal 🟢
A **BUY** label appears when:
- The candle is bullish: **Close > Open**
- Candle Body Strength is **70% or higher**
- The candle has fully closed
### SELL Signal 🔴
A **SELL** label appears when:
- The candle is bearish: **Close < Open**
- Candle Body Strength is **70% or higher**
- The candle has fully closed
The minimum strength level is customizable, so traders can change the default **70% threshold** according to their analysis.
### Live Body Strength
The indicator also displays the **current candle's Body Strength %**, making it easy to see how strong the developing candle is.
### Important
Body strength alone does not determine market direction or guarantee continuation. For better context, it can be combined with **market structure, support/resistance, CPR, Fibonacci, RSI, EMA, volume, or other confirmation methods**.
**Disclaimer:** This indicator is created for educational and analytical purposes only. It does not constitute investment advice or a recommendation to buy or sell any security. Trading involves risk. Always perform your own analysis and use appropriate risk management.
**Candle Body Strength Buy Sell** is a price-action-based indicator designed to measure the strength of each candle by comparing its **real body size with its total High-to-Low range**.
### How It Works
The indicator calculates:
**Body Strength % = |Close − Open| ÷ (High − Low) × 100**
A higher percentage means the candle has a larger body relative to its total range, indicating stronger directional price movement with smaller combined wicks.
### BUY Signal 🟢
A **BUY** label appears when:
- The candle is bullish: **Close > Open**
- Candle Body Strength is **70% or higher**
- The candle has fully closed
### SELL Signal 🔴
A **SELL** label appears when:
- The candle is bearish: **Close < Open**
- Candle Body Strength is **70% or higher**
- The candle has fully closed
The minimum strength level is customizable, so traders can change the default **70% threshold** according to their analysis.
### Live Body Strength
The indicator also displays the **current candle's Body Strength %**, making it easy to see how strong the developing candle is.
### Important
Body strength alone does not determine market direction or guarantee continuation. For better context, it can be combined with **market structure, support/resistance, CPR, Fibonacci, RSI, EMA, volume, or other confirmation methods**.
**Disclaimer:** This indicator is created for educational and analytical purposes only. It does not constitute investment advice or a recommendation to buy or sell any security. Trading involves risk. Always perform your own analysis and use appropriate risk management.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.