(Strong or Weak Bulls // Strong or Weak Bears)
Candles / Bars Indicate the Following (default 13 period lookback / Length)
MAROON Bear Candle with STRONG more than 150% of the lookback / length (13 default), STRONG Bear Candle Confirmed With
RED Bear Candle while is BETWEEN 50% & 150% of the Lookback / Length (13 default), Neutral Bear Neither strong or weak
ORANGE Bear Candle with WEAK (Less than 50% of the Length / Lookback)
DARK GREEN Bull Candle with STRONG MORE than 150% of lookback
GREEN Bull Candle with Neutral BETWEEN 50% & 150% of the lookback / Length
AQUA Bull Candle with WEAK less than 50% of the Lookback
Is price confirmed by volume?
Can Change the Lookback / Length from 13
Can Change the Colors and Transparency to easily see based off your chart background colors I recommend ZERO Transparency to easily identify strength (i use white background but many use black or other)
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.