Strength Candles With Gap — Indicator by krishnakhanna

trendanalysis strength candles nimblrta gap

Code written by Krishna Khanna on 20/11/2017 includes the following components for NimblrTA

1) Logic for detection of strength candles, only displayed candles are of strength (BH>50%CH)
2) Wicks are not considered
3) Any Gaps are indicated with a arrow, can detect gapup and gapdown

This indicator is apt for small screen devices

Automated Tools/Indicators/Screeners available at kkonline.org/nimblrta

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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