Duyck

Range Candles - JD

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This tool takes a "RANGE" chart and transforms it into "NORMAL" or "HEIKEN-ASHI" candles.
Instantly giving you a much better visual interpretation of the "range" information!!!

NOTE: due to the nature of Pinescript and how range charts are constructed it's possible the candles are not formed on every tick!!!
When formed though, they don't repaint and are calculated differently for every bar so you get approximately the most accurate view at the price action that Tradingview can offer you!

For compasrison:
this is a view of the "1 minute" chart:


this is the normal "1 range" chart without the candles


this is the same "1 range" chart with Heiken-Ashi candles


this is the normal "1000 range" chart (+/- equal to the 1 minute) without the candles


this is the same "1000 range" chart with Heiken-Ashi candles



JD .

#NotTradingAdvice #DYOR

Disclaimer.
I AM NOT A FINANCIAL ADVISOR.
THESE IDEAS ARE NOT ADVICE AND ARE FOR EDUCATION PURPOSES ONLY.
ALWAYS DO YOUR OWN RESEARCH!

I build these indicators for myself and provide them open source, to use for free to use and improve upon,
as I believe the best way to learn is toghether.
If, however, you value these contributions, feel free to leave a little something in the tip-jar for my next coffee break ;-)
BTC: 1G9xXYWSoxJR2ikkB7Px6RwBLC5pjHmwZD
http://paypal.me/jorisduyck

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Disclaimer.
I AM NOT A FINANCIAL ADVISOR.
THESE IDEAS ARE NOT ADVICE AND ARE FOR EDUCATION PURPOSES ONLY.
ALWAYS DO YOUR OWN RESEARCH!
JD.
A little tip is always nice!
BTC: 1G9xXYWSoxJR2ikkB7Px6RwBLC5pjHmwZD
http://paypal.me/jorisduyck
Very nice work there buddy! tnx
+1 Reply
@perx, Thanks
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Very interesting, thanks!
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Duyck wroclai
@wroclai, TY
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For comparison, the 1 Range chart here:


shows about this part of the one minute chart:
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@Duyck, great work sir !
Reply
Duyck syrinxflunki
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@Duyck, lapping up any v4 code to learn from, thanks again :)
Reply
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