OPEN-SOURCE SCRIPT

Reductionism candle chart

1304
Here I am introducing "Reductionism candle chart", in most of the case takeing away those distracting "candles", and also remaining the most of data (4 dots) for each index on the chart.
And only keeping high valuation change "price gap" filled up with candles.

For someone who don't relies on candles to their decision. Usually candles are redundant to them.
For someone who uses candle, definitely not all candles are carrying the same amount of information.

Most often less is more, in terms of representing the thing that is not related to your model.

This script the color and the volatility boundary are changeable, so no additional coding is required to use it.

Enjoy :)

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.