OPEN-SOURCE SCRIPT

Price Action Candles

By FractalTrade_
This simple script provides a visual aid for price action traders by coloring outside & inside candles, which in effect leaves the trader with 6 possible candle colors:

-Regular bullish candle
-Outside bullish candle
-Inside bullish candle

-Regular bearish candle
-Outside bearish candle
-Inside bearish candle

These candlesticks may provide powerful signals when used in conjunction with key levels, market structure and chart patterns.

Make sure to disable the regular candlesticks (body, borders and wicks) in the symbol tab inside the configuration menu!

Hope it can help someone!
Candlestick analysiscoloredbarsInside Baroutsidebarpriceaction
FractalTrade_
@FractalTrade_

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Disclaimer