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Trend Analysis Candlestick Analysis Support and Resistance nimblrta Candlestick analysis priceflow
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trendanalysis candlestick supportandresistance nimblrta candlestickanalysis priceflow
Based on basic Nimblr TA, Momentum Candles combined with Breakout/Breakdown can detect a change in trend direction.

Nimblr mainly categorizes candlesticks into Momentum (Body > 50%) and Indecision (Body < 50%) candlesticks.

⁕ shows Momentum Candles, others are Indecision Candles
↑ shows Breakout
↓ shows Breakdown

Yellow lines show the current Indecision candle and white lines the past Indecision candle.

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

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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