Summary

Generation of candle code as referred to by Viktor Likhovidov, this will compute the candlestick with upper and lower shadows, the top and bottom thresholds for each element, and the candle code itself.

Screen Shots

Usage

The user will be able to experiment with the Bollinger Band length and the number of deviations are surfaced as inputs to the function.

Downloads

Candle Code Indicator (ELD and Workspace)

Happy Trading!