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Conditional Candles - Full Control

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Volume-Conditional Custom Candles

Candle coloring and style based on volume relative to its 20-period EMA:

High-volume bars (volume > EMA(20) of volume) – strong conviction:
- Bullish (close > open): White body with green border and green wicks
- Bearish (close < open): Solid red body with red border and red wicks

Low-volume bars (volume ≤ EMA(20) of volume) – weak conviction:
- Bullish (close > open): White body with black border and black wicks
- Bearish (close < open): Solid black body with black border and black wicks

Purpose: Highlights price moves backed by above-average volume while de-emphasizing low-participation bars. Strong bullish moves appear as hollow green-bordered candles, strong bearish as solid red, and weak moves are muted (white/black or solid black).

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.