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 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.
Disclaimer
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