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Chandlestick

Smart labelling - Candlestick FunctionOftentimes a single look at the candlestick configuration happens to be enough to understand what is going on. The chandlestick function is an experiment in smart labelling that produces candles for various time frames, not only for the fixed 1m, 3m , 5m, 15m, etc. ones, and helps in decision-making when eye-balling the chart. This function generates up to 12 last candlesticks , which is generally more than enough. Mind that since this is an experiment, the function does not cover all possible combinations. In some time frames the produced candles overlap. This is a todo item for those who are unterested. For instance, the current version covers the following TFs: Chart - TF in the script 1m - 1-20,24,30,32 3m - 1-10 5m - 1-4,6,9,12,18,36 15m - 1-4,6,12 Tested chart TFs: 1m, 3m ,5m,15m. Tested securities: BTCUSD , EURUSD
Pine Script® indicator
by capissimo
Aug 19, 2019
22

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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