OPEN-SOURCE SCRIPT
Updated Leg Out & Indecision

Displays Leg Outs & Indecission Candles.
Parameters can be adjusted:
- Length: the number of candles used for calculating the AVG body.
- Legout Scale: the scale factor of the legout based on the AVG. of previous lenght candles
- Indecission candles: Indecission candles which body are lower than % range of the candle
Parameters can be adjusted:
- Length: the number of candles used for calculating the AVG body.
- Legout Scale: the scale factor of the legout based on the AVG. of previous lenght candles
- Indecission candles: Indecission candles which body are lower than % range of the candle
Release Notes
Better annotations for UsersOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.