The Bullish/Bearish Candle Series Distribution indicator calculates the length of the current streak of consecutive bullish or bearish candles based on user-selected mode. It tracks streak lengths from 2 to 59 and plots a histogram in a separate pane showing t
Indicator · Pine Script v4 · Own pane
Example 6.1
This indicator retrieves Heikin Ashi candle data for the current symbol and timeframe using the security function.
GitHub stars65on the repository
Pine versionv4older, still runs
Lines of code9
Settings0inputs
LicenceGPL-3.0
Last update4 days ago24 Oct 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 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
9 lines of Pine Script v4 from examples/v4/tradingview-docs/v4-essential-non-standard-chart-types-data-02.pine, published under GPL-3.0. Keep the author's credit and licence lines when you reuse it.
//@version=4
study("Example 6.1")
ha_t = heikinashi(syminfo.tickerid)
ha_open = security(ha_t, timeframe.period, open)
ha_high = security(ha_t, timeframe.period, high)
ha_low = security(ha_t, timeframe.period, low)
ha_close = security(ha_t, timeframe.period, close)
palette = ha_close >= ha_open ? color.green : color.red
plotcandle(ha_open, ha_high, ha_low, ha_close, color=palette)
Overview
Example 6.1 constructs and plots custom Heikin Ashi candlesticks, coloring them green when the Heikin Ashi close is greater than or equal to the Heikin Ashi open, and red otherwise. Designed as an example script demonstrating non-standard chart data requests, it visualizes smoothed Heikin Ashi price action.
- Heikin Ashi candle retrieval
- Custom candlestick plotting
- Dynamic candlestick color coding
Details
Published by
be-thomas on GitHub
Type
Indicator, Pine Script v4
Draws
Separate pane below the chart
Category
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.
Topics
algorithmic-tradingbacktestingcompilerfintechjavascriptpinescripttechnical-analysistradingview
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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