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Wide Range Body and Hidden Gap bars (WRBHG)
September 6, 2018, 7:58 AM
Indicators
6 Comments
This simple indicator identifies Wide Range Body (WRB) and Hidden Gap (HG) bars.
WRB patterns are displayed as a black dots in the middle of the candlestick’s body.
HG patterns are plotted as light blue dots.
Sometimes patterns are detected at the same time and the dots are plotted in the same candlestick body.
Indicator converted from pinescript version by a request in the Spanish forum.
//PRC_WRB HG | indicator
//06.09.2018
//Nicolas @ www.prorealcode.com
//Sharing ProRealTime knowledge
//converted from tradingview version
//display dots for Wide Range Body and Hidden Gap patterns
body = abs(open-close)
if body>body[1] and body>body[2] and body>body[3] then
wrb = (open+close)/2
drawtext("●",barindex,wrb,dialog,bold,20) coloured(100,100,100)
else
wrb=0
endif
if (wrb[1]>0 and (low>high[2] or high<low[2])) then
hq = wrb[1]
drawtext("●",barindex[1],hq,dialog,bold,10) coloured(0,255,255)
endif
return
Download
Filename:
PRC_WRB-HG.itf
Downloads:
131
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Thank you Nicolas, I will try it.