PROTECTED SOURCE SCRIPT
已更新 Arpan_Candles_OL-OH-IB

This script simply shows OL (Open=Low), OH (Open=High) and IB (Inside Bar). I personally use OL and OH to take quick scalping trades with very low risk.
OL candle indicates that candle's Open and Low prices are same and a Long trade can be taken with a stoploss below candle low.
OH candle indicates that candle's Open and High prices are same and a SHORT trade can be taken with a stoploss above candle high.
Candles with navy blue colour indicates an Inside Bar. An inside bar is a common pattern where the high and low of one candle occur inside the high and low of the prior candle. Inside bar shows a contraction in volatility and are often a continuation pattern. Previous candle (prior candle to inside bar) is known as "Mother candle" and trades can be taken on breakout from "Mother candle" , in the direction of breakout and keeping a stoploss below/above "Mother candle".
This script can be used in any time frame. Smaller time frames generate more signals compared to higher time frames.
OL candle indicates that candle's Open and Low prices are same and a Long trade can be taken with a stoploss below candle low.
OH candle indicates that candle's Open and High prices are same and a SHORT trade can be taken with a stoploss above candle high.
Candles with navy blue colour indicates an Inside Bar. An inside bar is a common pattern where the high and low of one candle occur inside the high and low of the prior candle. Inside bar shows a contraction in volatility and are often a continuation pattern. Previous candle (prior candle to inside bar) is known as "Mother candle" and trades can be taken on breakout from "Mother candle" , in the direction of breakout and keeping a stoploss below/above "Mother candle".
This script can be used in any time frame. Smaller time frames generate more signals compared to higher time frames.
版本注释
1 Changed IB candle color2 Added code to track ioi (Inside Bar - Outside Bar - Inside Bar) candle
3 Added VWAP
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此脚本以闭源形式发布。 但是,您可以自由使用它,没有任何限制 — 在此处了解更多信息。
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受保护脚本
此脚本以闭源形式发布。 但是,您可以自由使用它,没有任何限制 — 在此处了解更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。