OPEN-SOURCE SCRIPT
Average Candle Length 2.0

This script will tell you the following:
• Average length of all the candles (wick to wick) for the last 20 candles
-- shown in blue
• Average length of bull (green) candles (wick to wick) for the last 20 candles
-- shown in green
• Average length of bear (red) candles (wick to wick) for the last 20 candles
-- shown in red
___________________________________________
Inputs:
• # of Candles to analyze (default = 20)
• Average length of all the candles (wick to wick) for the last 20 candles
-- shown in blue
• Average length of bull (green) candles (wick to wick) for the last 20 candles
-- shown in green
• Average length of bear (red) candles (wick to wick) for the last 20 candles
-- shown in red
___________________________________________
Inputs:
• # of Candles to analyze (default = 20)
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.