Candlestick Math - V1.0
Sometimes , you need to do some candlestick math to drown out the noise between the candles . This helps in better decision making overall by understanding the effect of the last few candles.
Candlestick Math creates a new blended candle which can be interpreted as a summary of the defined period . The indicator uses Lookback period as an option to define the period.
For those who are not familiar with the Candlestick math , please google it and you will see many references. Please do note that this is a very short code and future versions will contain Multi frame capabilities as well as candle recognition.
If you do like the indicator , I would appreciate a like !
Cheers ,
Bitfanatic
Sometimes , you need to do some candlestick math to drown out the noise between the candles . This helps in better decision making overall by understanding the effect of the last few candles.
Candlestick Math creates a new blended candle which can be interpreted as a summary of the defined period . The indicator uses Lookback period as an option to define the period.
For those who are not familiar with the Candlestick math , please google it and you will see many references. Please do note that this is a very short code and future versions will contain Multi frame capabilities as well as candle recognition.
If you do like the indicator , I would appreciate a like !
Cheers ,
Bitfanatic