OPEN-SOURCE SCRIPT
Giant Candles Detector
This script identifies abnormally large candles — also known as "giant candles" — based on a customizable size threshold relative to the average candle size over a user-defined period.
Key Features:
Automatically detects candles that are significantly larger than average.
Differentiates between bullish (green) and bearish (red) candles.
Option to visually highlight candles with background color.
Built-in alert to notify you immediately when a giant candle appears.
Ideal for traders looking to spot volatility spikes, key breakouts, or significant price movements with minimal effort.
Key Features:
Automatically detects candles that are significantly larger than average.
Differentiates between bullish (green) and bearish (red) candles.
Option to visually highlight candles with background color.
Built-in alert to notify you immediately when a giant candle appears.
Ideal for traders looking to spot volatility spikes, key breakouts, or significant price movements with minimal effort.
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.
For quick access on a chart, add this script to your favorites — learn more here.
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.
For quick access on a chart, add this script to your favorites — learn more here.
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.