Vector Candles is an overlay indicator that recolors price candles using PVSRA volume rules taken from the Traders Reality concept. It compares each bar's volume with the average of the previous ten bars and also checks the product of spread and volume against
Indicator · Pine Script v6 · On the chart
Compound Expression Demo
This educational script demonstrates compound logical expressions in Pine Script v6.
GitHub stars1on the repository
Pine versionv6current
Lines of code9
Settings0inputs
LicenceCustom licence
Last update2 months ago24 Aug 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
Compound Expression Demo evaluates three simultaneous conditions: whether the current bar is bullish, whether its closing price is higher than the previous bar's close, and whether its volume exceeds the previous bar's volume. When all conditions are satisfied, it plots a green upward triangle below the candle on the main price chart. Designed as a foundational coding exercise, the indicator provides simple bullish signals directly on the price chart.
- Compound logical condition evaluation
- Volume and price action filtering
- Upward triangle signal shape plotting
Details
Published by
Alaamo7 on GitHub
Type
Draws
On the price chart
Category
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.
Topics
arabiceducationpine-scripttechnical-analysistradingview-indicators
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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