OPEN-SOURCE SCRIPT

Proper Candles

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adjustedOpen = close[1]

The candle’s open is set to the previous candle’s close, rather than the actual open.

This creates a continuous price flow from one candle to the next, visually eliminating gaps.

adjustedHigh = math.max(high[0], close[1])

The high of the candle is adjusted to be the maximum between the actual high of the current candle and the previous close.

This ensures that the high fully encompasses any price movement from the previous close to the current high.

adjustedLow = math.min(low[0], close[1])

The low is set as the minimum between the current low and the previous close, again ensuring continuity in the visual range of the candle.

These adjustments are primarily aimed at eliminating price gaps and creating a more consistent visual representation of price action.

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