Price-Action Candles: Free TradingView Indicator (Pine Script)

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

200 lines of Pine Script v5 from Tradingview/price-action-candles-v14.pine, published under MPL-2.0 (file header). Keep the author's credit and licence lines when you reuse it.

price-action-candles-v14.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=5
indicator("Price-Action Candles", overlay = true, max_bars_back = 100)

// @keywords: price-action-candles, higher-high, lower-low, higher-low, lower-high, swing-structure, mtf-trend-table, trend-detection, colored-candles, pivot-swing, bar-highlight, candle-plot, repaint-labels, multi-timeframe, structure-labels, bull-bear-neutral, fill-only-candles, trend-state, swing-pivots, mtf-dashboard

// inputs
sdLength    = input.int(10, title = 'Price-Action Length', minval = 2, maxval = 100)
labelType   = input.string('Repaint', title = 'Label Type', options = ['Repaint', 'No-Repaint'])
candleType  = input.string('Fill Only', title = 'Candle Color Type', options = ['Entire Candle', 'Fill Only'])

bullCSS     = input.color(color.lime, title = 'Bull')
bearCSS     = input.color(color.rgb(255, 0, 0), title = 'Bear')
neutCSS     = input.color(color.yellow, title = 'Neutral')

useTrendTable   = input.bool(true, title = 'Enabled', group = 'MTF Trend')

use_mtf1        = input.bool(true, title = 'MTF 1', group = 'MTF Trend', inline = '1')
mtf_1           = input.timeframe("1", title = '', group = 'MTF Trend', inline = '1')

use_mtf2        = input.bool(true, title = 'MTF 2', group = 'MTF Trend', inline = '2')
mtf_2           = input.timeframe("5", title = '', group = 'MTF Trend', inline = '2')

use_mtf3        = input.bool(true, title = 'MTF 3', group = 'MTF Trend', inline = '3')
mtf_3           = input.timeframe("15", title = '', group = 'MTF Trend', inline = '3')

use_mtf4        = input.bool(true, title = 'MTF 4', group = 'MTF Trend', inline = '4')
mtf_4           = input.timeframe("60", title = '', group = 'MTF Trend', inline = '4')

use_mtf5        = input.bool(true, title = 'MTF 5', group = 'MTF Trend', inline = '5')
mtf_5           = input.timeframe("D", title = '', group = 'MTF Trend', inline = '5')



// functions
f_getSwingValues(sdLength, offset) =>
    sh = ta.pivothigh(high, sdLength, sdLength)
    sl = ta.pivotlow(low, sdLength, sdLength)

    csh = ta.valuewhen(not na(sh), high[sdLength], 0)
    csl = ta.valuewhen(not na(sl), low[sdLength], 0)

    psh = ta.valuewhen(not na(sh), high[sdLength], 1)
    psl = ta.valuewhen(not na(sl), low[sdLength], 1)

    hh = sh >= psh
    lh = sh < psh
    ll = sl <= psl
    hl = sl > psl

    var int trend = na
    trend := ((hh and high >= psh) or close > csh) ? 1 : ((ll and low <= psl) or close < csl) ? -1 : lh or hl ? 0 : trend[1]

    var int last_signal = na
    last_signal := hh ? 2 : lh ? -1 : ll ? -2 : hl ? 1 : last_signal[1]

    [sh[offset], sl[offset], psh[offset], psl[offset], csh[offset], csl[offset], hh[offset], lh[offset], ll[offset], hl[offset], trend[offset], last_signal[offset]]



// calculate chart tf
[sh, sl, psh, psl, csh, csl, hh, lh, ll, hl, trend, last_signal] =
 request.security(syminfo.tickerid, "", f_getSwingValues(sdLength, 0))


plotshape(ll and not na(sl), text="LL", title="Lower Low", style=shape.labelup, display = display.none,
 color=bearCSS, textcolor=color.black, location=location.belowbar, offset = labelType == 'Repaint' ? -sdLength : 0)

plotshape(hl and not na(sl), text="HL", title="Higher Low", style=shape.labelup, display = display.none,
 color=neutCSS, textcolor=color.black, location=location.belowbar, offset = labelType == 'Repaint' ? -sdLength : 0)

plotshape(hh and not na(sh), text="HH", title="Higher High", style=shape.labeldown, display = display.none,
 color=bullCSS, textcolor=color.black, location=location.abovebar, offset = labelType == 'Repaint' ? -sdLength : 0)

plotshape(lh and not na(sh), text="LH", title="Lower High", style=shape.labeldown, display = display.none,
 color=neutCSS, textcolor=color.black, location=location.abovebar, offset = labelType == 'Repaint' ? -sdLength : 0)


barCSS = trend == 1 ? bullCSS
 : trend == -1 ? bearCSS
 : neutCSS


barcolor(candleType != 'Fill Only' ? na
 : barCSS, editable = false)


plotcandle(open, high, low, close, title = 'Price Action Candles',
 color = barCSS, wickcolor = barCSS, bordercolor = barCSS,
 display = candleType == 'Entire Candle' ? display.all : display.none, editable = false)



// calculate mtf
f_ltf_values(tf) =>
    var int returnTrend = na

    adjusted_timeframe = timeframe.in_seconds(tf) >= timeframe.in_seconds() ? '' : tf
    [ltf_sh, ltf_sl, ltf_psh, ltf_psl, ltf_csh, ltf_csl, ltf_hh, ltf_lh, ltf_ll, ltf_hl, ltf_trend, ltf_last_signal] = 
     request.security_lower_tf(syminfo.tickerid, adjusted_timeframe, f_getSwingValues(sdLength, 0))

    if array.size(ltf_trend) > 0
        returnTrend := array.last(ltf_trend)
    else
        returnTrend := 0

    returnTrend



f_htf_values(tf) =>
    [htf_sh, htf_sl, htf_psh, htf_psl, htf_csh, htf_csl, htf_hh, htf_lh, htf_ll, htf_hl, htf_trend, htf_last_signal] = 
     request.security(syminfo.tickerid, tf, f_getSwingValues(sdLength, 1), lookahead = barmerge.lookahead_on)

    htf_trend


f_sametf_values() =>
    [sametf_sh, sametf_sl, sametf_psh, sametf_psl, sametf_csh, sametf_csl, sametf_hh, sametf_lh, sametf_ll, sametf_hl, sametf_trend, sametf_last_signal] =
     f_getSwingValues(sdLength, 0)

    sametf_trend


var int mtf1_trend = na
var int mtf2_trend = na
var int mtf3_trend = na
var int mtf4_trend = na
var int mtf5_trend = na

if barstate.islast
    if use_mtf1
        if timeframe.in_seconds() == timeframe.in_seconds(mtf_1)
            mtf1_trend := f_sametf_values()
        else if timeframe.in_seconds() > timeframe.in_seconds(mtf_1)
            mtf1_trend := f_ltf_values(mtf_1)
        else
            mtf1_trend := f_htf_values(mtf_1)

    if use_mtf2
        if timeframe.in_seconds() == timeframe.in_seconds(mtf_2)
            mtf2_trend := f_sametf_values()
        else if timeframe.in_seconds() > timeframe.in_seconds(mtf_2)
            mtf2_trend := f_ltf_values(mtf_2)
        else
            mtf2_trend := f_htf_values(mtf_2)

    if use_mtf3
        if timeframe.in_seconds() == timeframe.in_seconds(mtf_3)
            mtf3_trend := f_sametf_values()
        else if timeframe.in_seconds() > timeframe.in_seconds(mtf_3)
            mtf3_trend := f_ltf_values(mtf_3)
        else
            mtf3_trend := f_htf_values(mtf_3)

    if use_mtf4
        if timeframe.in_seconds() == timeframe.in_seconds(mtf_4)
            mtf4_trend := f_sametf_values()
        else if timeframe.in_seconds() > timeframe.in_seconds(mtf_4)
            mtf4_trend := f_ltf_values(mtf_4)
        else
            mtf4_trend := f_htf_values(mtf_4)

    if use_mtf5
        if timeframe.in_seconds() == timeframe.in_seconds(mtf_5)
            mtf5_trend := f_sametf_values()
        else if timeframe.in_seconds() > timeframe.in_seconds(mtf_5)
            mtf5_trend := f_ltf_values(mtf_5)
        else
            mtf5_trend := f_htf_values(mtf_5)




// table
if barstate.islast and useTrendTable
    var trendTable = table.new(position = position.bottom_center, columns = 5, rows = 1, border_width = 1, border_color = color.black, frame_width = 2, frame_color = color.black)
    
    if use_mtf1
        table.cell(trendTable, 0, 0, text = str.tostring(mtf_1), text_color = color.black,
         bgcolor = color.new(mtf1_trend == 1 ? bullCSS : mtf1_trend == -1 ? bearCSS : neutCSS, 0))
        
    if use_mtf2
        table.cell(trendTable, 1, 0, text = str.tostring(mtf_2), text_color = color.black,
         bgcolor = color.new(mtf2_trend == 1 ? bullCSS : mtf2_trend == -1 ? bearCSS : neutCSS, 0))

    if use_mtf3
        table.cell(trendTable, 2, 0, text = str.tostring(mtf_3), text_color = color.black,
         bgcolor = color.new(mtf3_trend == 1 ? bullCSS : mtf3_trend == -1 ? bearCSS : neutCSS, 0))

    if use_mtf4
        table.cell(trendTable, 3, 0, text = str.tostring(mtf_4), text_color = color.black,
         bgcolor = color.new(mtf4_trend == 1 ? bullCSS : mtf4_trend == -1 ? bearCSS : neutCSS, 0))

    if use_mtf5
        table.cell(trendTable, 4, 0, text = str.tostring(mtf_5), text_color = color.black,
         bgcolor = color.new(mtf5_trend == 1 ? bullCSS : mtf5_trend == -1 ? bearCSS : neutCSS, 0))

Overview

Price-Action Candles marks higher highs, lower highs, higher lows, and lower lows, with a label mode that either offsets labels by the pivot length or leaves them unshifted. A table can show the same trend state on up to five user-chosen timeframes. The length setting changes how far pivots look left and right. It draws on the price chart. The default label mode uses a negative offset, and the security call is flagged for lookahead.

Pivot swing higher-high and lower-low labels
Bull, bear, and neutral candle coloring
Fill-only or entire-candle color modes
Five-timeframe trend table
Repaint or no-repaint label offset

Details

Published by

g-moe on GitHub

Code credit

goodgains, as written in the script's header

Type

Indicator, Pine Script v5

Draws

On the price chart

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

Signals can change on the live bar or after it closes (repainting)
Reads higher-timeframe data with lookahead on, so the history can show signals that were not there in real time

File

Tradingview/price-action-candles-v14.pine

Repository

github.com/g-moe/Trading-Indicators. See its other scripts in the library

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

Setting	Type	Default	Variable
Price-Action Length	`int`	`10`	`sdLength`
Label Type	`string`	`Repaint`	`labelType`
Candle Color Type	`string`	`Fill Only`	`candleType`
Bull	`color`	`color.lime`	`bullCSS`
Bear	`color`	`color.rgb(255, 0, 0)`	`bearCSS`
Neutral	`color`	`color.yellow`	`neutCSS`
Enabled	`bool`	`true`	`useTrendTable`
MTF 1	`bool`	`true`	`use_mtf1`
mtf_1	`timeframe`	`1`	`mtf_1`
MTF 2	`bool`	`true`	`use_mtf2`
mtf_2	`timeframe`	`5`	`mtf_2`
MTF 3	`bool`	`true`	`use_mtf3`

Show all 17 settings

Setting	Type	Default	Variable
mtf_3	`timeframe`	`15`	`mtf_3`
MTF 4	`bool`	`true`	`use_mtf4`
mtf_4	`timeframe`	`60`	`mtf_4`
MTF 5	`bool`	`true`	`use_mtf5`
mtf_5	`timeframe`	`D`	`mtf_5`

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.

Similar Pine Scripts

Pro Pattern Al-Sat

by MeridianAlgo

9

This overlay indicator marks bullish and bearish chart patterns on the price chart and can hide either side. Optional filters require agreement from fast and slow EMAs, Supertrend, and ADX, plus volume, RSI, nearby pivot support or resistance, and a user-defin

Indicator v6 Candlestick patternsTrend

Updated 4 months ago · MIT

Smart Trader, Episode 03, by Ata Sabancı | Candles and Tradelines

by eddiebelaval

7

This indicator segments recent price bars into defined groups and visual boxes to serve as a visual chart ruler. It includes automated trend detection with configurable angle thresholds to plot uptrend, downtrend, and range segments directly on the price chart

Indicator v6 TrendSupport & resistance

Updated 3 months ago · None stated

TheStrat Suite

by 345-strategies

5

This indicator implements Rob Smith's TheStrat price action methodology across up to six configurable timeframes. It classifies candles into inside, directional, and outside bars, identifies patterns like hammers, shooters, and failed 2s, and calculates magnit

Indicator v6 Candlestick patternsSupport & resistance Repaints

Updated 2 days ago · MPL-2.0

SPX Midnight Box + Snag Logic

by dearvn

257

This indicator overlays an intraday SPX and ES chart with a midnight session range, regular-trading-hours opening levels, and a VWAP projection box. It draws the midnight high, mid, and low, flags edge rejections within an absolute tolerance, and plots optiona

Indicator v6 TrendSupport & resistance

Updated 6 weeks ago · None stated

Apex Trend & Liquidity Master

by Ahmed-GoCode

53

Apex Trend & Liquidity Master calculates a trend cloud using customizable moving averages expanded by a volatility multiplier directly on the main price chart. It identifies dynamic support and resistance liquidity zones from swing high and low pivots, extendi

Indicator v6 TrendSupport & resistance

Updated 2 months ago · MPL-2.0

Confluence Suite

by TamaraKGreen

46

The Confluence Suite indicator draws multiple trading signals and tools directly on the price chart. It generates entry and exit signals based on selected modes and filters, with an AI signal classifier rating quality from 1-4. Additional features include smar

Indicator v5 TrendSMC / ICT / price action

Updated 7 weeks ago · None stated

More indicators

Price-Action Candles

Add It to Your TradingView Chart

Source Code

Overview

Details

Published by

Code credit

Type

Draws

Category

Markets

Timeframes

Risk Notes

File

Repository

Settings

Similar Pine Scripts

Pro Pattern Al-Sat

Smart Trader, Episode 03, by Ata Sabancı | Candles and Tradelines

TheStrat Suite

SPX Midnight Box + Snag Logic

Apex Trend & Liquidity Master

Confluence Suite

Trade Your Charts With a Regulated Broker