Candle direction

Here we have a very simple indicator that shows the direction of the candles in the 1m/5m/15m/30m/1hr/4hr/1d/1w/1mt timeframes.

Important: the indicator only works on the smaller timeframe so if for example we use 30 minute candles then we must remove the lines of code for 1m/5m/15m

//PRC_CANDLE DIRECTION
//version = 0
//15.02.24
//Iván González @ www.prorealcode.com
//Sharing ProRealTime knowledge
//Timeframe M1 / M5 / M15 / M30 / H1 / H4 / D1 / W1 / MN
//////////////////////////////////////////////////////////
DEFPARAM DRAWONLASTBARONLY = TRUE
timeframe (1mn)
IF OPEN > CLOSE THEN
RT1M = 255
GT1M = 0
BT1M = 0
ELSIF OPEN < CLOSE THEN
RT1M = 0
GT1M = 255
BT1M = 0
ELSE
RT1M = 125
GT1M = 125
BT1M = 125
ENDIF
DRAWTEXT("⏹ 1MN",50, -100)ANCHOR(TOPLEFT,XSHIFT,YSHIFT)coloured(RT1M,GT1M,BT1M)
timeframe (5mn)
IF OPEN > CLOSE THEN
RT5M = 255
GT5M = 0
BT5M = 0
ELSIF OPEN < CLOSE THEN
RT5M = 0
GT5M = 255
BT5M = 0
ELSE
RT5M = 125
GT5M = 125
BT5M = 125
ENDIF
DRAWTEXT("⏹ 5MN",125, -100)ANCHOR(TOPLEFT,XSHIFT,YSHIFT)coloured(RT5M,GT5M,BT5M)
timeframe (15mn)
IF OPEN > CLOSE THEN
RT15M = 255
GT15M = 0
BT15M = 0
ELSIF OPEN < CLOSE THEN
RT15M = 0
GT15M = 255
BT15M = 0
ELSE
RT15M = 125
GT15M = 125
BT15M = 125
ENDIF
DRAWTEXT("⏹ 15MN",200, -100)ANCHOR(TOPLEFT,XSHIFT,YSHIFT)coloured(RT15M,GT15M,BT15M)
timeframe (30mn)
IF OPEN > CLOSE THEN
RT30M = 255
GT30M = 0
BT30M = 0
ELSIF OPEN < CLOSE THEN
RT30M = 0
GT30M = 255
BT30M = 0
ELSE
RT30M = 125
GT30M = 125
BT30M = 125
ENDIF
DRAWTEXT("⏹ 30MN",275, -100)ANCHOR(TOPLEFT,XSHIFT,YSHIFT)coloured(RT30M,GT30M,BT30M)
timeframe (1H)
IF OPEN > CLOSE THEN
RT1H = 255
GT1H = 0
BT1H = 0
ELSIF OPEN < CLOSE THEN
RT1H = 0
GT1H = 255
BT1H = 0
ELSE
RT1H = 125
GT1H = 125
BT1H = 125
ENDIF
DRAWTEXT("⏹ 1HR",350, -100)ANCHOR(TOPLEFT,XSHIFT,YSHIFT)coloured(RT1H,GT1H,BT1H)
timeframe (4H)
IF OPEN > CLOSE THEN
RT4H = 255
GT4H = 0
BT4H = 0
ELSIF OPEN < CLOSE THEN
RT4H = 0
GT4H = 255
BT4H = 0
ELSE
RT4H = 125
GT4H = 125
BT4H = 125
ENDIF
DRAWTEXT("⏹ 4HR",425, -100)ANCHOR(TOPLEFT,XSHIFT,YSHIFT)coloured(RT4H,GT4H,BT4H)
timeframe (DAILY)
IF OPEN > CLOSE THEN
RT1D = 255
GT1D = 0
BT1D = 0
ELSIF OPEN < CLOSE THEN
RT1D = 0
GT1D = 255
BT1D = 0
ELSE
RT1D = 125
GT1D = 125
BT1D = 125
ENDIF
DRAWTEXT("⏹ 1D",500, -100)ANCHOR(TOPLEFT,XSHIFT,YSHIFT)coloured(RT1D,GT1D,BT1D)
timeframe (WEEKLY)
IF OPEN > CLOSE THEN
RT1W = 255
GT1W = 0
BT1W = 0
ELSIF OPEN < CLOSE THEN
RT1W = 0
GT1W = 255
BT1W = 0
ELSE
RT1W = 125
GT1W = 125
BT1W = 125
ENDIF
DRAWTEXT("⏹ 1W",575, -100)ANCHOR(TOPLEFT,XSHIFT,YSHIFT)coloured(RT1W,GT1W,BT1W)
timeframe (MONTHLY)
IF OPEN > CLOSE THEN
RT1MT = 255
GT1MT = 0
BT1MT = 0
ELSIF OPEN < CLOSE THEN
RT1MT = 0
GT1MT = 255
BT1MT = 0
ELSE
RT1MT= 125
GT1MT = 125
BT1MT = 125
ENDIF
DRAWTEXT("⏹ 1M",650, -100)ANCHOR(TOPLEFT,XSHIFT,YSHIFT)coloured(RT1MT,GT1MT,BT1MT)

RETURN

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//PRC_CANDLE DIRECTION

//version = 0

//15.02.24

//Iván González @ www.prorealcode.com

//Sharing ProRealTime knowledge

//Timeframe M1 / M5 / M15 / M30 / H1 / H4 / D1 / W1 / MN

//////////////////////////////////////////////////////////

DEFPARAM DRAWONLASTBARONLY = TRUE

timeframe (1mn)

IF OPEN > CLOSE THEN

RT1M = 255

GT1M = 0

BT1M = 0

ELSIF OPEN < CLOSE THEN

RT1M = 0

GT1M = 255

BT1M = 0

ELSE

RT1M = 125

GT1M = 125

BT1M = 125

ENDIF

DRAWTEXT("⏹ 1MN",50, -100)ANCHOR(TOPLEFT,XSHIFT,YSHIFT)coloured(RT1M,GT1M,BT1M)

timeframe (5mn)

IF OPEN > CLOSE THEN

RT5M = 255

GT5M = 0

BT5M = 0

ELSIF OPEN < CLOSE THEN

RT5M = 0

GT5M = 255

BT5M = 0

ELSE

RT5M = 125

GT5M = 125

BT5M = 125

ENDIF

DRAWTEXT("⏹ 5MN",125, -100)ANCHOR(TOPLEFT,XSHIFT,YSHIFT)coloured(RT5M,GT5M,BT5M)

timeframe (15mn)

IF OPEN > CLOSE THEN

RT15M = 255

GT15M = 0

BT15M = 0

ELSIF OPEN < CLOSE THEN

RT15M = 0

GT15M = 255

BT15M = 0

ELSE

RT15M = 125

GT15M = 125

BT15M = 125

ENDIF

DRAWTEXT("⏹ 15MN",200, -100)ANCHOR(TOPLEFT,XSHIFT,YSHIFT)coloured(RT15M,GT15M,BT15M)

timeframe (30mn)

IF OPEN > CLOSE THEN

RT30M = 255

GT30M = 0

BT30M = 0

ELSIF OPEN < CLOSE THEN

RT30M = 0

GT30M = 255

BT30M = 0

ELSE

RT30M = 125

GT30M = 125

BT30M = 125

ENDIF

DRAWTEXT("⏹ 30MN",275, -100)ANCHOR(TOPLEFT,XSHIFT,YSHIFT)coloured(RT30M,GT30M,BT30M)

timeframe (1H)

IF OPEN > CLOSE THEN

RT1H = 255

GT1H = 0

BT1H = 0

ELSIF OPEN < CLOSE THEN

RT1H = 0

GT1H = 255

BT1H = 0

ELSE

RT1H = 125

GT1H = 125

BT1H = 125

ENDIF

DRAWTEXT("⏹ 1HR",350, -100)ANCHOR(TOPLEFT,XSHIFT,YSHIFT)coloured(RT1H,GT1H,BT1H)

timeframe (4H)

IF OPEN > CLOSE THEN

RT4H = 255

GT4H = 0

BT4H = 0

ELSIF OPEN < CLOSE THEN

RT4H = 0

GT4H = 255

BT4H = 0

ELSE

RT4H = 125

GT4H = 125

BT4H = 125

ENDIF

DRAWTEXT("⏹ 4HR",425, -100)ANCHOR(TOPLEFT,XSHIFT,YSHIFT)coloured(RT4H,GT4H,BT4H)

timeframe (DAILY)

IF OPEN > CLOSE THEN

RT1D = 255

GT1D = 0

BT1D = 0

ELSIF OPEN < CLOSE THEN

RT1D = 0

GT1D = 255

BT1D = 0

ELSE

RT1D = 125

GT1D = 125

BT1D = 125

ENDIF

DRAWTEXT("⏹ 1D",500, -100)ANCHOR(TOPLEFT,XSHIFT,YSHIFT)coloured(RT1D,GT1D,BT1D)

timeframe (WEEKLY)

IF OPEN > CLOSE THEN

RT1W = 255

GT1W = 0

BT1W = 0

ELSIF OPEN < CLOSE THEN

RT1W = 0

GT1W = 255

BT1W = 0

ELSE

RT1W = 125

GT1W = 125

BT1W = 125

ENDIF

DRAWTEXT("⏹ 1W",575, -100)ANCHOR(TOPLEFT,XSHIFT,YSHIFT)coloured(RT1W,GT1W,BT1W)

timeframe (MONTHLY)

IF OPEN > CLOSE THEN

RT1MT = 255

GT1MT = 0

BT1MT = 0

ELSIF OPEN < CLOSE THEN

RT1MT = 0

GT1MT = 255

BT1MT = 0

ELSE

RT1MT= 125

GT1MT = 125

BT1MT = 125

ENDIF

DRAWTEXT("⏹ 1M",650, -100)ANCHOR(TOPLEFT,XSHIFT,YSHIFT)coloured(RT1MT,GT1MT,BT1MT)

RETURN

candlestick candlesticks multi timeframe

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

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