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Candle Closing Strength Indicator (CCS)
This indicator measures and displays the closing strength of each candle relative to its range.
It assigns a value from 0 to 100, where
- 0 indicates a close at the candle's low,
- 100 indicates a close at the high, and
- 50 represents a close at the midpoint.
The strength is shown as a number on each candle, color-coded green for values 50 and above (bullish) and red for values below 50 (bearish). This visual representation helps traders quickly assess the strength and direction of price movements across different timeframes.
This is only the price action strength. Further strength can be verified with volume.
It assigns a value from 0 to 100, where
- 0 indicates a close at the candle's low,
- 100 indicates a close at the high, and
- 50 represents a close at the midpoint.
The strength is shown as a number on each candle, color-coded green for values 50 and above (bullish) and red for values below 50 (bearish). This visual representation helps traders quickly assess the strength and direction of price movements across different timeframes.
This is only the price action strength. Further strength can be verified with volume.
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