TradingView
deimosaffair
Apr 26, 2017 11:03 AM

cooltoyz: shadow candles 

GOLD / U.S. DOLLARICE

Description

Another tool for the cooltoyz series :)


tired of having to look at multiple time frames for a ticker, and having to mentally mix them to try to guess/visualize trends, or support/resistance levels? so was i, and with this tool i let the chart do the heavy lifting :)

with this, upper time frames are visualized as shadows imposed on the chart itself. there are two levels:

level 1 - represented with strong green/red for candle body, and a thin line for the candle wicks
level 2 - light green/red for the candle body, lighter still for the wicks

it was the best visually appealing representation i could come with, if you find a better one share it in comments, please :)

basically works the same as the previous tool, the ghost candle, but with two levels of time frames superimposed. the same notes and warnings from the ghost candle apply, so go read them, too lazy for a copypasta :)
you can find the ghost candle here: tradingview.com/script/rJC7YYzz-cooltoyz-ghost-candle/
Comments
mrgr888n
it uses security function so it will repaint
Ufuksanli
Hi, Does it re paint?
JustUncleL
Great work again, a good compromise using the drawing restrictions on Pinescript. Have you tried this using Version 3 of Pinescript, it has some new security options.
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