PROTECTED SOURCE SCRIPT
Candle Strength & Indecision Detection (VSA)

This Pine Script combines Volume Spread Analysis (VSA) with candle strength grading, indecision candle recognition, and hammer detection to give traders a complete visual framework for momentum and reversal analysis. Candles are color-coded by strength tiers, indecision candles are highlighted with optional arrows, and hammers are validated with higher-timeframe rejection logic.
✨ Created and enhanced by the PieTrader Community
✨ Created and enhanced by the PieTrader Community
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – 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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – 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.