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Candle Strength Indicator

Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=72601
Forum: 17 · Topic 72601 · 1 post(s)


Candle Strength Indicator

Apprentice · Mon Aug 08, 2022 7:37 am

EURUSD H1 (08-08-2022 1437).png

Based on the source. https://www.tradingview.com/script/huFh … Indicator/

The candle strength indicator depicts the average strength of the price action by evaluating bullish vs bearish candles. A cross on the zero line would generally indicate a change in trend / sentiment.

Candle Strength Indicator.lua