This indicator overlays up to five higher-timeframe candlestick groups on the price chart. For each enabled timeframe it requests open, high, low, and close and can show up to five candles, offset by a spacing setting. The main inputs set the candle count, the
Indicator · Pine Script v5 · On the chart
Average Green/Red Candle Heights
This indicator computes the average height of green and red candles inside a user-selected time range.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code47
Settings2inputs
LicenceNone stated
Last update7 weeks ago6 Sep 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Inputs define start and end timestamps that filter candle data in real time. When the range is active the script accumulates heights for green candles (where close exceeds open) and red candles (where close is lower), then divides by respective counts to produce averages. Labels on the price chart display both averages and update continuously as time progresses. A semi-transparent blue background highlights the chosen range. The primary setting allows users to adjust the time bounds. Plots occur directly on the price chart using labels and background coloring. It runs on any timeframe and any market.
- candle height average
- time range selector
- green red comparison
- chart labels
- background highlight
Details
Published by
morindok on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Support & resistance, Candlestick patterns
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Select Start of Range | time | timestamp("2024-01-01") | t1 |
| Select End of Range | time | timestamp("2024-01-02") | t2 |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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