NVME Candle Creator Experimental
Showcase - Experimental Features - Usability Guidance
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Showcase - Experimental Features - Usability Guidance
Last updated
Was this helpful?
NVME Candle Creator is one of our experimental indicators that allows users to play around with different candlestick data to create their own unique variant of candlesticks. Due to the nature of this indicator, we do not recommend traders utilising it on its own for placing trades as this itself will not provide enough information to the user.
As this indicator is experimental we tried to create a simple settings panel that allows the user to customise the Open, High, Low and Close data of the candle individually whilst following the same scheme of edits. Users can customise the indicator by first clicking onto the indicator's settings and then they will be met with the following settings as seen in the screenshot below.
Users should first determine what candlestick data they would like to edit first. We recommend following the groups in the setting panel in order.
Users should then set the candlestick data source in the initial group to change the focus of that area.
Next, users should then choose the type of candle style to have for the candle's data source.
Once selected, users will be able to customise the length of the data, however this will only support the following styles: Renko, Kagi, Point Figure.
(Optional) Once done, users are able to change the data's timeframe too.
Move onto the next group and repeat!
Source is the first input of every group within the indicator and it will determine what the candle's [data] group will utilise and it will massively change how the candle will be represented.
Candle Style is the second input of every group that comes in the form of a drop-down menu and it will determine what pre-set type of candlestick to use for the data processing part of the candle. This will also massively impact how the candle will be represented on the indicator and currently it houses the following settings: Default Candlesticks, Heikin-Ashi, Renko, Kagi, Point & Figure.
Length is the third input of every group that will allow users to edit the modifier for supported candle types. The supported candle types are: Renko, Kagi and Point Figure.
Custom Timeframe is the fourth input of every group that will allow users to change the time-frame that will be used for returning data to the candle's data source.
