Rainbow candle

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Rainbow candle

Postby Apprentice » Fri Jan 06, 2017 4:29 pm

EURUSD m1 (01-06-2017 2142).png

Based on request.
viewtopic.php?f=27&t=64269
This indicator will change the color of candles, based on the close price position within High / Low range.
Rainbow candle.lua
(4.4 KiB) Downloaded 786 times


The indicator was revised and updated
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Apprentice
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Re: Rainbow candle

Postby dabass » Sat Jan 07, 2017 8:08 pm

Thank You!!! I'm not sure I understand the levels. Could you explain a little more what the Level 1, 2, 3 mean? And how it corresponds to Top, Middle Top, Middle bottom, Bottom?

level 1 = % to high close?
level 2 = % to ?
Level 3 = % to low close?
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