Candles ThemesGood morning,
Here is my first script as a pinecoder.
So I present to you my indicator: the “Candles Theme”.
Instead of searching for a long time in the chart settings to change the style of the chart, you can use this indicator which offers:
- 8 default themes.
- The ability to create a custom theme.
Themes :
- Pink - Blue : Dark and Light
- Classic : Dark and Light
- Blue - Orange Classic : Dark and Light
- Dark Monochrome : Only Dark
- Light Monochrome : Only Light
- Blue - Orange 2 : Light and Dark
- Pastel 1 : Light and Dark
- Pastel 2 : Only Light
Being a trader and PineScript developer, I often create scripts according to my needs like this, but this is the first time I have published it.
If you have any questions or suggestions for improvement, please let me know in the comments.
End
Style
Morningstar Equity Style Box HeatmapStyle boxes are a classification scheme created by Morningstar. They visually provide a graphical representation of investing categories for equity investments. A style box is a valuable tool for investors to use when determining asset allocation.
There are 9 categories:
Large Value, Large Blend, Large Growth
Medium Value, Medium Blend, Medium Growth
Small Value, Small Blend, Small Growth
The strength of the 9 categories are found by using 9 Vanguard ETF's that follow the respective CRSP index of their category.
Close Combination Lock Style - Visual AppealThis creates a combination style closing price change on each tick.
It has two theme options, one as silver dials for Dark Theme and the other as black dials for White Theme.
We get fixated to watching closing prices on charts and it gets visually daunting. This creates a combination style price change which updates on each tick, which is quite pleasing to the eye.
When new price is above current center line, it shift the above prices showing ▲ arrow, and if new price is lower, it will shift the bottom prices showing ▼ arrow. If there is no change in price between the ticks, it will show =.
