So I recently came across this very unique candle type called ‘Raindrop Candles’ that basically visualize the movement of price, volume, and sentiment by highlighting where the action (volume) was.
Unlike traditional candlesticks, Raindrops do not have open or close prices. They are constructed from a high, low, left VWAP and right VWAP. The first half (left side) of each Raindrop represents the first half of the trading period, the second half (right) represents the second half. The width of each side represents the amount of trading volume that occurred at each price level. The dashes are the VWAP for the respective period.
Link to Whitepaper: https://trendspider.com/whitepapers/raindrops_280519.pdf
Link to overview: https://www.trendspider.com/raindrops/
@Nicolas perhaps this is something you would be able to code for us using PRT v11.1 since it supports arrays.
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