by easytrading » Fri Oct 26, 2018 1:25 am
Hello Apprentice,
again the main concept of the idea is to plot a new Japanese candle body on chart only when the price action exceeds the limits of OPEN or CLOSE of the previous candle body that means if the next candle body (or candles) is (or are) in the range of the previous candle body limits please, DO NOT show it on chart (skip it) as long as all or part of it did not goes above or below the open or close previous body limits .so this will answer your questions above by you can use the the previous candle open & close limits as reference for the new brick candle to be created ONLY AND ONLY IF when the price action exceeds these previous candle limits up or down of them ,and never pay attention on what the length of the new body candle size will be because you will let the time frame chosen by the user to control & determined the length of the body size when it comes to end ,like for example if i am using H1 time frame chart and a new candle is being creating the length of this body candle will stop when the the 1H comes to end.
In the end we gonna have a chart view that reflects very clearly the high (peak) or low (trough) swings of price action which will help us to track the price action very easily when its change its direction up or down.hopefully this make the task more clear for you with my highly appreciation .