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ihsuka942

Elephant - Shooting Star Candles

ihsuka942 Updated   
Candlestick Analysis Shooting Star elephantbar elephant
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candlestick shootingstar elephantbar elephant
This script aims to show elephant and shootingstar candles. Body for elephant are at least 70% of the whole candle. Shootingstar have a body of 35% times the lenht of the full candle. Both are searched with 1.3 Standard Deviations as noise within 100 bars. Colors are ploted if closes above/below 200 SMA
Release Notes:
A little acording description
Release Notes:
Description in configuration clolor screen
Release Notes:
Several corrections respect to ratios and filters for shooting star... These are shown independently SMA 200 in order to point out possible change of trend. Elephant bars also recivied a little correction with respect to the wick size. Shooting stars are shown with 50% of the body and you can change it within a range from 0 to 50%.
Release Notes:
Some deffinitions are updated
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.

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