OPEN-SOURCE SCRIPT
Actualizado Candle Statistics | by beidou_123
Script Description
Candle Statistics is a quantitative market analysis indicator that provides a structured statistical overview of recent price behavior using candlestick classification.
The script analyzes historical candles over four user-defined lookback periods and classifies each candle into one of three categories:
Key Features
Users can define four independent candle windows (e.g., 15, 60, 240, 480 bars).
A Doji is identified when the candle body is small relative to total price range, ensuring consistency across instruments and timeframes.
For each lookback period, the script computes the Bullish Percentage, defined as:
Bullish % = Bullish Candles ÷ (Bullish + Bearish Candles)
Doji candles are intentionally excluded from this calculation to avoid diluting directional bias.
If Bullish % > 50%, the value is displayed using a user-defined bullish dominance color
If Bullish % ≤ 50%, the value is displayed using a user-defined bearish dominance color
All results are presented in a compact, non-intrusive table displayed directly on the main chart.
Table position is fully configurable.
Intended Use
It is not a signal generator, but a statistical context tool that helps traders assess whether recent price action is dominated by bullish pressure, bearish pressure, or indecision.
Disclaimer
This indicator is provided for educational and analytical purposes only and does not constitute financial or investment advice.
Candle Statistics is a quantitative market analysis indicator that provides a structured statistical overview of recent price behavior using candlestick classification.
The script analyzes historical candles over four user-defined lookback periods and classifies each candle into one of three categories:
Key Features
- Fully customizable lookback periods
Users can define four independent candle windows (e.g., 15, 60, 240, 480 bars).
- Standardized Doji definition
A Doji is identified when the candle body is small relative to total price range, ensuring consistency across instruments and timeframes.
- Directional dominance calculation
For each lookback period, the script computes the Bullish Percentage, defined as:
Bullish % = Bullish Candles ÷ (Bullish + Bearish Candles)
Doji candles are intentionally excluded from this calculation to avoid diluting directional bias.
- Visual dominance highlighting
If Bullish % > 50%, the value is displayed using a user-defined bullish dominance color
If Bullish % ≤ 50%, the value is displayed using a user-defined bearish dominance color
- On-chart statistics table
All results are presented in a compact, non-intrusive table displayed directly on the main chart.
Table position is fully configurable.
Intended Use
- This indicator is designed for:
- Market structure analysis
- Trend bias evaluation
- Volatility and indecision studies
- Systematic filtering in discretionary or rule-based trading systems
It is not a signal generator, but a statistical context tool that helps traders assess whether recent price action is dominated by bullish pressure, bearish pressure, or indecision.
Disclaimer
This indicator is provided for educational and analytical purposes only and does not constitute financial or investment advice.
Notas de prensa
change chartScript de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
hello
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
hello
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.