REAL-CANDLE OSCILLATOR AKA PA Osc.
This indicator show Candles with true change values and exact wick/body proportion but as a zero centered oscillator.
When a series of Candles appears, the values accumulates until the series end, showing the swing amplitude.
Starting from the indicator as it is, there are many possibilities to make use of the way the data are displayed.
When a series of Candles appears, the values accumulates until the series end, showing the swing amplitude.
Starting from the indicator as it is, there are many possibilities to make use of the way the data are displayed.
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.