Indicator · Pine Script v4 · Own pane

Price Action Candles

by g-moe· code credited to goodgains

Price Action Candles plots the close price in a separate pane.

View on GitHub

GitHub stars3on the repository
Pine versionv4older, still runs
Lines of code63
Settings0inputs
LicenceNone statedfile: MPL-2.0
Last update5 months ago27 May 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above, or the copy button on the code below.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

63 lines of Pine Script v4 from Tradingview/price-action-candles-v9.pine, published under MPL-2.0 (file header). Keep the author's credit and licence lines when you reuse it.

price-action-candles-v9.pine
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © goodgains


//@version=4
study("Price Action Candles")

// @keywords: close-plot, string-padding, column-alignment, padded-output, formatting-helper, price-display, action-candles, version-nine, basic-study, single-plot, numeric-format, figure-space, punctuation-space, string-split, format-string, value-formatting, alignment-helper, minimal-indicator, plot-close, padding-function

plot(close)


// ————— Function returning a string representation of a numeric `_val` using a special `_fmt` string allowing all strings to be of the same width, to help align columns of values.
f_tostringPad(_val, _fmt) =>
    // float  _val: string to separate.
    // string _fmt: formatting string similar to those used in the `tostring()` format string, with "?" used to indicate padding, 
    //              e.g., "??0.00" to ensure that numbers always contain three characters left of the decimal point.
    //              WARNING: A minus sign MUST begin the format ("-??0.00") if negative values are to be handled, otherwise negative values will have no minus sign.

    // Character used to pad numbers: Unicode figure space (U+2007).
    var string FIGURE_SPACE = " "
    // Character used to pad minus signs: Unicode punctuation space (U+2008).
    var string PUNCTUATION_SPACE = " "
    // Preliminary conversion of the value to a string.
    string _formattedVal = tostring(_val, _fmt)
    // Remove minus sign from format string.
    _formattedVal := str.replace_all(_formattedVal, "-", "")
    // Split value and format string into characters.
    string[] _chars    = str.split(_formattedVal, "")
    string[] _charsFmt = str.split(_fmt, "")
    
    // Detect if we need to handle negative values, and if so, remove the minus sign from format.
    bool _handleNegs = array.get(_charsFmt, 0) == "-"
    if _handleNegs
        array.shift(_charsFmt)

    // Detect if value or format string are without a decimal point and if so, add a temporary one for our logic, which we'll remove later.
    int _pointPos    = array.indexof(_chars, ".")
    int _pointPosFmt = array.indexof(_charsFmt, ".")
    bool _noPoint    = _pointPos == -1
    bool _noPointFmt = _pointPosFmt == -1
    if _noPoint
        array.push(_chars, ".")
        _pointPos := array.indexof(_chars, ".")
    if _noPointFmt
        array.push(_charsFmt, ".")
        _pointPosFmt := array.indexof(_charsFmt, ".")

    // Remove extra instances of "?" in front of value.
    _extraChars = _pointPos - _pointPosFmt
    if _extraChars > 0
        for _i = 0 to _extraChars - 1
            array.shift(_chars)
    // Add minus sign or space if needed.
    if _handleNegs
        // Format accounts for negative values; insert minus sign or space.
        array.unshift(_chars, (_val < 0 ? "-" : PUNCTUATION_SPACE))
    // Remove temporary decimal point if needed.
    if _noPointFmt or _noPoint
        array.pop(_chars)
    // Rejoin our array and replace the "?" chars left in our result with figure space padding.
    string _return = array.join(_chars, "")
    _return := str.replace_all(_return, "?", FIGURE_SPACE)

Overview

Price Action Candles also defines a helper that turns a number into a fixed-width string from a format pattern, using figure spaces and punctuation spaces so columns of values line up, with an optional leading minus sign. No inputs are declared. The visible code does not call the helper or draw candle patterns, labels, or trading signals, and it has no entry, exit, stop, or position rules.

Details

Published by

g-moe on GitHub

Code credit

goodgains, as written in the script's header

Type

Indicator, Pine Script v4

Draws

Separate pane below the chart

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.

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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