Candle strength

v10.3
Candle strength

The candle strength indicator measure the “strenght” of the current candlestick by comparing its OHLC value between them.

Red and green histogram are created depending of the direction of the candlestick (bullish or bearish ones).

Code converted from MT4 version by a request in the ProBuilder french forum.

 

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No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

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  1. JohnScher • 10/29/2017 #

    Fine Work.
    I am currently working on divergences.
    I wanted to ask if there was already a basic code published here and if so, if you could reply me with a link?

    P.S. My contribution: DeepL, translator, my text written in German, translated by DeepL

    • Nicolas • 10/29/2017 #

      There are many divergences indicators on the website already, please make a quick search with the website search engine. Thank you.

  2. JohnScher • 10/29/2017 #

    indicators i did fond, no problem, but a basic code to trade maybe RSI divergence didn´t found. It already exists? Search engine i can´t find too… i m sry can you help?
    ?

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