OPEN-SOURCE SCRIPT

Highlight Candle Body ≤ 10 Ticks (Clean & Subtle)

521
Purpose:
This indicator highlights candlesticks where the body size (difference between open and close) is 10 ticks or less, specifically for instruments like Crude Oil futures (CL) where 1 tick = 0.01.

How it works:

It calculates the body size: abs(close - open)

If the body is ≤ 0.10 (10 ticks), the candle is softly colored in muted orange.

Wicks are ignored — only the body is considered.

No additional shapes or markers — clean and minimal.

Use case:
Helps identify periods of indecision or low momentum — such as potential pause candles, traps, or setups just before volatility returns.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.