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.
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開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。