OPEN-SOURCE SCRIPT
UDI bar
Candle has been divide into 3 types up bar, down bar and inside bar,
These bar classified comparing previous candle high low to current candle close.
This method used to ride the trend without exiting position.
We can use this candle color as a stop loss and take profit.
Previous candle H&L Vs Cur. Candle Close
I
U
D
------------------------
I - Inside Candle
U - Up Candle
D - Down Candle
These bar classified comparing previous candle high low to current candle close.
This method used to ride the trend without exiting position.
We can use this candle color as a stop loss and take profit.
Previous candle H&L Vs Cur. Candle Close
I
U
D
------------------------
I - Inside Candle
U - Up Candle
D - Down Candle
نص برمجي مفتوح المصدر
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
نص برمجي مفتوح المصدر
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.