PROTECTED SOURCE SCRIPT
Candlestick Body and Wick Midpoints [Dire]
Summary
This indicator provides a deeper look into intra-bar price action by plotting the precise halfway point of each candlestick's body, top wick, and bottom wick. It renders three distinct, color-coded horizontal lines on each of the most recent candles, helping traders identify hidden micro-levels of interest.
How It Works
For each candlestick, the indicator calculates and plots:
Top Wick Midpoint: The median price of the sell-off (or profit-taking) range.
Body Midpoint: The equilibrium or "fair price" point between the open and close.
Bottom Wick Midpoint: The median price of the buy-up (or support) range.
How to Use
These levels can serve as micro-pivots or points of interest for price action analysis. A return to a previous wick's midpoint may signal a potential reaction. Observing how these levels align over several bars can reveal subtle areas of price consensus or rejection that are not obvious from standard candle charts.
Customization
Lookback Period: Easily adjust the number of recent candles to analyze via the "Inputs" tab.
Colors: The color for each of the three lines (Top Wick, Body, and Bottom Wick) can be fully customized in the "Style" tab of the indicator settings.
This indicator provides a deeper look into intra-bar price action by plotting the precise halfway point of each candlestick's body, top wick, and bottom wick. It renders three distinct, color-coded horizontal lines on each of the most recent candles, helping traders identify hidden micro-levels of interest.
How It Works
For each candlestick, the indicator calculates and plots:
Top Wick Midpoint: The median price of the sell-off (or profit-taking) range.
Body Midpoint: The equilibrium or "fair price" point between the open and close.
Bottom Wick Midpoint: The median price of the buy-up (or support) range.
How to Use
These levels can serve as micro-pivots or points of interest for price action analysis. A return to a previous wick's midpoint may signal a potential reaction. Observing how these levels align over several bars can reveal subtle areas of price consensus or rejection that are not obvious from standard candle charts.
Customization
Lookback Period: Easily adjust the number of recent candles to analyze via the "Inputs" tab.
Colors: The color for each of the three lines (Top Wick, Body, and Bottom Wick) can be fully customized in the "Style" tab of the indicator settings.
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。
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。