HTF Candles by DGT

higher timeframe ( multi timeframe ) candles

a simple study introducing new pine function box.new
Информация о релизе: Inspired by TradingView's Watermark publication, added my logo :)
Информация о релизе: a tweak
Информация о релизе: added some performance statistics
please note, values presented reflects the value from the beginning of the month, week, year etc, not for a month, a week etc long duration
Информация о релизе: update

made htf candle color and transparency adjustable, thanks to new pine update

added optional fixed moving average display for both current time frame and selected higher time frame
Информация о релизе: typo correction
Информация о релизе: update

* enchanced statistical panel with multi time frame price distance to its MA (convergance/divergence) statistical info

* new color function made style coloring disappeared, so added them into the script options

* time frame selection for htf candle and ma's are now separated
Информация о релизе: Added ability to display Heikin-Ashi Candles

The Heikin-Ashi technique averages price data to construct the chart where the formula for calculating each bar is different than standard candlestick charts. Heikin-Ashi chart is smoother (market noise filtered out) and easier to spot trends and reversals

Basics of how to interpret Heikin-Ashi candles
• Green candles signify an uptrend and if no lower "shadows" then a strong uptrend
• Candles with a small body surrounded by upper and lower shadows indicate a trend change
• Red candles indicate a downtrend and if no higher shadows then a strong downtrend

Day traders who need to exploit quick price moves may find Heikin-Ashi charts are not responsive enough to be useful
Информация о релизе: quick update - added 15 Min TimeFrame option both for HTF Candle and Moving Average
Информация о релизе: typo fix
Информация о релизе: update

* added ability to plot second higher timeframe candle

* added ability to set alerts whenever new high/low detected on higher timeframe (both 1st and 2nd htf candle)

* added volume and volume average stats to info panel
Информация о релизе: update

added higher time frame mini charts

special thnaks to @berkusacoin
Информация о релизе: option added to enable/disable of current and higher time frame moving averages independently
Информация о релизе: Update

Mini Charts
- are now available for all markets (due to Pine limitations it used to be only properly applicable on 7/24 open markets, thanks to Pine Team for the recent update that allow us to apply the concept on all markets)
- ability to specify number of bars (min 1, max 9)
- each bar includes OHLC info, Range and ATR Value (just hover over the each bar’s top). Additionally when high volatility is detected “⚡” sing will appear on top of the bar.
- Ability to display assistant lines either displaying the Range or including the range as Fibonacci levels

special thanks to @berkusacoin for his valuable suggestion

- Extended to include Moving Average crosses (Previously only HTF HIGH and LOW detection was available)

Информация о релизе: a quick update, thnaks to @Arun_K_Bhaskar

Скрипт с открытым кодом

В истинном духе TradingView автор этого скрипта опубликовал его с открытым исходным кодом, чтобы трейдеры могли понять, как он работает, и проверить на практике. Вы можете воспользоваться им бесплатно, но повторное использование этого кода в публикации регулируется Правилами поведения. Вы можете добавить этот скрипт в избранное и использовать его на графике.

Хотите использовать этот скрипт на графике?


100 монет
+2 Ответить
dgtrd jebra
@jebra, 🙏
=^_^= DGT amazing =^_^=
500 монет
dgtrd Charlie8G
@Charlie8G, thank You 🙏
+1 Ответить
@dgtrd Thank you for this wonderful indicator. I'm just wondering if it's possible to add alerts to this (green-bullish and red (bearish) ;)
200 монет
dgtrd Portfolio_Punt
@Portfolio_Punt, thank you 🙏

you can add the folowin line at the end of script for the alert you have requested

alertcondition(cross(O0, C0), title="HTF Bull/Bear Candle Switch", message="Your Text{{exchange}}:{{ticker}}->\nPrice = {{close}},\nTime = {{time}}")
+1 Ответить
Hi @dgtrd, I am completely green on Pine sorry....When I add the code and publish it gives me the error of "Undeclared Identifier 'O0' ;" Would you or someone else please explain how to fix this error if it is a simple fix? Thanks a million!
dgtrd seankmcmorrow
Hello @seankmcmorrow,

During the update of including second higher time frame (htf) candle plotting i have updated the code and moved calculations within a function, so the above statment become invalid.

BTW, i have added an alert to detect when new htf low/high is detected. I may exted alerts to cover also for candle sentimet changes
+2 Ответить
@dgtrd, Add to Chart operation failed, reason: line 348: Undeclared identifier 'O0';
line 348: Undeclared identifier 'C0'
dgtrd oppassmore
hello @oppassmore,

During the update of including second higher time frame (htf) candle plotting i have updated the code and moved calculations within a function, so the above statment become invalid.