Candle Cafe Script for ThinkorSwim

[newnes_1976]

No need explanation, it's very simple ... Sometimes the simplest is the most effective.

Enjoy this script 
Named :  “Candle Cafe”
declare lower;
def bars_uph = if high > high[13] then bars_uph[13] + 1 else 0;
def bars_downh = if high < high[13] then bars_downh[13] + 1 else 0;

def bars_upd = if low > low[13] then bars_upd[13] + 1 else 0;
def bars_downd = if low < low[13] then bars_downd[13] + 1 else 0;

plot up = bars_uph;
plot dn = bars_downh ;
AddCloud(up, dn, Color.green, Color.RED);

plot upd = bars_upd;
plot dnd = bars_downd ;
AddCloud(upd, dnd, Color.dark_green, Color.dark_RED);

AddCloud(dnd, dn, Color.white, Color.white);
AddCloud(upd, up, Color.white, Color.white);

up.setDefaultColor( COlor.GREEN );
dn.setDefaultColor( Color.RED ) ;
up.hideBubble();
dn.hideBubble();

upd.setDefaultColor( COlor.DARK_GREEN );
dnd.setDefaultColor( Color.dark_RED ) ;
upd.hideBubble();
dnd.hideBubble();

Shareable Link
https://tos.mx/8411Hz

 

[San]

@newnes_1976, If you feel ok, Can you post the explanation in your point of view...,