Candle Body Direction

Candle Body Direction Indicator

Instead of counting candles, the indicator sums the actual body size of bullish and bearish candles within the selected range and displays their percentage relationship. This provides a clear view of who was in control during that period: buyers or sellers.

Bias Logic

  • Bullish Bias: Bullish body sum > Bearish body sum
  • Bearish Bias: Bearish body sum > Bullish body sum

Features

  • Calculates bullish body size
  • Computes the percentage ratio between bullish and bearish bodies
  • Draws a range box covering the high/low of the selected period
  • Assigns a Bullish or Bearish bias
  • Colors the box based on that bias
  • Combines long / short bias with RSI

After purchase you get Lifetie Access to this Invite-Only TradingView™ Indicator .