Aurora Candle with Alert

5 نوفمبر 2021

The indicator is derived from the concept of Aurora Candles (Credit to RK Arora)

Description

The script instantly calculates and highlights the largest candle (from high to low) in a user specified lookback period. It then plots the expected support, resistance, supply and demand levels. When a larger candle is printed, it will immediately plot the new levels.

How To Use

Use the indicator to find the largest candle in a specified lookback period.

• As soon as the Aurora candle is printed, future levels are plotted.

• If a larger candle is printed it will reset and create a new roadmap as big money dictates the market.

• The Aurora candle will mirror itself above and below X amount of times based on your settings.

• Colours, levels and lookback period are customizable.

• There is only 1 look back period. You can add more than one indicator if you want to set different lookback periods for long and short term levels.

• Alert function has been added

Access the indicator

• Contact me on TradingView

14 نوفمبر 2021

ملاحظات الأخبار

Added the option to include supportive candle levels

20 نوفمبر 2021

ملاحظات الأخبار

Added the option to have a coloured background for the strongest supply and demand area

14 ديسمبر 2021

ملاحظات الأخبار

Added background fill option for the Aurora Candle body

10 أبريل 2022

ملاحظات الأخبار

Quarter levels from the Aurora candle's high and low have been added and set to default settings