Derived from the TradingView Pine Script v5 documentation, it demonstrates the usage of the plotcandle function to render price candles using a single default color scheme across all bars. The script has no input settings or complex calculations, serving as a basic example for custom bar plotting in Pine Script. It draws on a separate chart pane.
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.
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
This indicator plots a normalized candle dynamic visualization inside a custom 500x500 Gann square grid within a separate pane. It normalizes each bar's open and close prices relative to its high-low range, storing the resulting coordinate pairs in fixed-size
This indicator measures directional momentum by evaluating candlestick body proportions and volume over a user-defined lookback window. It computes the ratio of candle body to total range, weights the cumulative value by volume and absolute body size, and dete
This indicator calculates the Qstick value as a simple or exponential moving average of the difference between a chosen close source and open source. It plots that oscillator in a separate pane as a yellow line, draws a dashed zero line, and shades the backgro
This indicator builds a synthetic Heikin-Ashi series using only the current open and the opens of the previous three bars. It derives open, high, low, and close from those values, rounds each price to the symbol mintick, and plots the result as candles in a se
This indicator plots a Cipher B-style oscillator in a separate pane and can source its calculations from Heikin Ashi candles when that option is on. It draws WaveTrend lines with optional buy, gold, sell, and divergence dots, plus overbought and oversold level