Candle Information Table

This indicator provides a table and labels displaying key candle metrics, allowing traders to analyze candle structure and strength. The table updates to show real-time data for the current and previous candles.

• Table Positioning: Choose from four preset locations (top_left, top_right, bottom_left, bottom_right) to place the table on the chart.
  
  
• Customizable Appearance: Adjust background color, text color, and text size for optimal visibility.
  

• Detailed Candle Metrics: View a breakdown of individual candle characteristics, including:
  
  • Profile: Identifies if the candle is Bullish or Bearish.
    
  • Range: Total high-to-low price range of the candle.
    
  • Body Range: Percentage of the candle body relative to its range.
    
  • Wick Range: Percentage of the combined wick length relative to the candle range.
    
  • Upper & Lower Wick Ranges: The relative size of the wicks above and below the body.
    
  • Candle Strength Indicator: Evaluates the candle’s strength (Firm, Weak, or Neutral) based on body-to-wick ratio.
    
  • Firm Candle Thresholds: Define a threshold to categorize strong candles based on body-to-range ratio.
    

• Strength Analysis:
  
  • A candle is classified as Firm if its body is greater than the wick percentage threshold.
    
  • The indicator determines price levels required for the candle to close firmly in the current direction.
    
  • Strength can be displayed via a label near the current bar and is color-coded (Green for firm, Red for weak, White for neutral).
    
  • Price needed for firm close can also be displayed within a label at or near the current bar.
    

• Real-Time Table:
  
  • The table updates in real-time and displays two columns:
    
    • Current Candle Metrics
      
    • Previous Candle Metrics
      

This tool can be helpful for traders looking to assess candle structure, wick pressure, and overall price action dynamics with clear visual cues.