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LonesomeTheBlue

Smoothed Candles

LonesomeTheBlue Wizard Updated   
Candlestick Analysis Support and Resistance Volatility smoothed trendtrading Marubozu Hammer Supply Zone trendfollowing lonesometheblue
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candlestick supportandresistance volatility smoothed trendtrading marubozu hammer supplyzone trendfollowing lonesometheblue
Hello Traders,

This is "Smoothed Candles" script to get rid of noises and to get a smoothed chart to figure out breakouts and price movements easily.

There are three scaling methods: User Defined, Dynamic (ATR) and Percentage

Optionally you can add 2 Simple Moving Averages and 2 Exponential Moving Averages

Optionally you can hide the Wicks, example:
snapshot

You can add moving averages:
snapshot

Easily find breakouts:
snapshot


Enjoy!
Release Notes:
fixed
Release Notes:
added color options for the candles
www.youtube.com/@lonesometheblue/videos
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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