OPEN-SOURCE SCRIPT
CQ_Historical Candle Color Changer
🎯 Purpose
This indicator visually distinguishes candles based on how old they are—specifically within a user-defined range (e.g., 1 to 7 days old). It helps traders quickly isolate recent price action from older data, making it easier to interpret overlays like moving averages, volume profiles, or momentum indicators.
⚙️ Key Features
- User-Defined Age Range: Set minimum and maximum age in days (e.g., highlight candles that are 1–7 days old).
- Custom Colors: Choose highlight colors for candles within the range.
- Timeframe Awareness: Works across any chart timeframe (1m, 1h, 1D, etc.), calculating candle age based on actual time elapsed.
- Non-Intrusive Display: Candles outside the range retain their default appearance, preserving overall chart readability.
📐 How It Works
- The script calculates the age of each candle by comparing its timestamp to the current time.
- If the candle falls within the user-defined age range, it’s recolored using the selected style.
- Candles older or newer than the range are left untouched.
🧠 Use Cases
- Trend Isolation: Focus on recent price action without losing sight of broader context.
This indicator visually distinguishes candles based on how old they are—specifically within a user-defined range (e.g., 1 to 7 days old). It helps traders quickly isolate recent price action from older data, making it easier to interpret overlays like moving averages, volume profiles, or momentum indicators.
⚙️ Key Features
- User-Defined Age Range: Set minimum and maximum age in days (e.g., highlight candles that are 1–7 days old).
- Custom Colors: Choose highlight colors for candles within the range.
- Timeframe Awareness: Works across any chart timeframe (1m, 1h, 1D, etc.), calculating candle age based on actual time elapsed.
- Non-Intrusive Display: Candles outside the range retain their default appearance, preserving overall chart readability.
📐 How It Works
- The script calculates the age of each candle by comparing its timestamp to the current time.
- If the candle falls within the user-defined age range, it’s recolored using the selected style.
- Candles older or newer than the range are left untouched.
🧠 Use Cases
- Trend Isolation: Focus on recent price action without losing sight of broader context.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.