OPEN-SOURCE SCRIPT
Updated Boring Candles by The School of Dalal Street
This indicator highlights the "boring" candles. These are candles where the body is less than 50% in length as compared to the high and low length. This allows us to quickly find the lower timeframe demand/supply without switching the chart timeframe. The use case is to quickly find our targets based on lower time frames.
Release Notes
What's new:Updated the indicator to work alongside our Disguised Candles indicator as well. Just make sure this indicator is on top (Bring to front).
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.