OPEN-SOURCE SCRIPT
Bar Strength Indicator
Indicator to measure the size of the candle body against the whole candle including the wicks. More information can be found here https://www.fxstreet.com/education/finding-big-market-moves-barstrength-indicator-201803091413
This indidactor is based on Marco Mayers article. All credits go to him.
This indidactor is based on Marco Mayers article. All credits go to him.
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.
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.