Decisive Candles [louis]
This indicator highlights "decisive" bullish or bearish candles based on candle body strength and minimal counter-wick size.
Users can adjust the allowed counter-wick percentage, minimum body size, and the highlight colors for bullish and bearish decisive candles.
- A bullish candle is marked when price closes above the open and closes near the high, showing strong upward conviction.
- A bearish candle is marked when price closes below the open and closes near the low, showing strong downward conviction.
Users can adjust the allowed counter-wick percentage, minimum body size, and the highlight colors for bullish and bearish decisive candles.
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