Tradingview Pinescript just introduced a new exciting ability to get intrabars candle information from a higher time frame chart!
This indicator is based on Tradingview example but with enhanced capabilities to show the percentage of intrabars opposite bars with the ability to display the mid-day candle close price drawn by a blue line.
This indicator can show you that in some cases a GREEN candle on the daily chart, for example, can have more red candles in a lower time frame. which may or may not indicate on a change of direction :)
This is an ongoing experiment and I plan to release more indicators based on these new pinescript capabilities.
Like if you like and Follow to stay updated!
This indicator is based on Tradingview example but with enhanced capabilities to show the percentage of intrabars opposite bars with the ability to display the mid-day candle close price drawn by a blue line.
This indicator can show you that in some cases a GREEN candle on the daily chart, for example, can have more red candles in a lower time frame. which may or may not indicate on a change of direction :)
This is an ongoing experiment and I plan to release more indicators based on these new pinescript capabilities.
Like if you like and Follow to stay updated!
Appreciation of my work: paypal.me/dman103
Premium Pivot Points Algo Indicator: www.tradingview.com/script/LFBaHNuA-Pivot-Points-Algo/
LIVE Stream - Pivot Points Algo: www.youtube.com/channel/UCFyqab-i0xb2jf-c18ufH0A/live
Premium Pivot Points Algo Indicator: www.tradingview.com/script/LFBaHNuA-Pivot-Points-Algo/
LIVE Stream - Pivot Points Algo: www.youtube.com/channel/UCFyqab-i0xb2jf-c18ufH0A/live