OPEN-SOURCE SCRIPT
Candle Movement Marker
The Candle Movement Marker is a powerful Pine Script indicator designed to help traders quickly identify significant price movements within candles. Whether you're looking for large swings or want to analyze volatile periods, this tool gives you the visual cues you need to make better trading decisions.
Features:
Customizable Movement Detection: Specify whether to measure movement based on the full candle range (High-Low) or the candle body (Open-Close).
Movement Threshold Setting: Set a percentage threshold, and the indicator will mark all candles with movement greater than this value.
Visual Arrows: Bullish and bearish arrows (green and red) mark the significant candles, with the arrows moving dynamically along with the chart.
Average Movement Calculation: Displays the average movement of the last 'N' candles (fully customizable) in a convenient informational box on the chart.
Informative Placement: Choose whether to show the average movement in the top right or bottom right of the chart to avoid cluttering your analysis.
This indicator is ideal for traders who want to analyze price action, identify volatile candles, and study significant price behavior in a visually intuitive manner. Whether you’re a breakout trader or interested in understanding market momentum, Candle Movement Marker helps make the analysis easy and clear.
Use Case: This script helps traders study historical market movements by marking the most significant candles and providing an average movement over a customizable range. This makes it easy to spot when the market is making significant moves and identify trends or reversals, supporting informed decision-making.
Features:
Customizable Movement Detection: Specify whether to measure movement based on the full candle range (High-Low) or the candle body (Open-Close).
Movement Threshold Setting: Set a percentage threshold, and the indicator will mark all candles with movement greater than this value.
Visual Arrows: Bullish and bearish arrows (green and red) mark the significant candles, with the arrows moving dynamically along with the chart.
Average Movement Calculation: Displays the average movement of the last 'N' candles (fully customizable) in a convenient informational box on the chart.
Informative Placement: Choose whether to show the average movement in the top right or bottom right of the chart to avoid cluttering your analysis.
This indicator is ideal for traders who want to analyze price action, identify volatile candles, and study significant price behavior in a visually intuitive manner. Whether you’re a breakout trader or interested in understanding market momentum, Candle Movement Marker helps make the analysis easy and clear.
Use Case: This script helps traders study historical market movements by marking the most significant candles and providing an average movement over a customizable range. This makes it easy to spot when the market is making significant moves and identify trends or reversals, supporting informed decision-making.
开源脚本
本着真正的TradingView精神，此脚本的作者已将其开源，以便交易者可以理解和验证它。向作者致敬！您可以免费使用它，但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。
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