The 9-week candle is a candlestick writing method introduced in "Ichimoku Kinko Hyo, Weekly”, which creates positive and negative candles at the closing price of the current week and the opening price of 9 weeks ago to know the current state of the market. By combining the period of the basic numerical value of 9 as one candlestick , it becomes easier to grasp the direction and time relationship.

By default, the upper and lower shadows are displayed, but if you set the shadow color to the same as the background color in the settings, you can display the positive and negative of only the body.

I also created a 3-day candle based on the same method, so please use it as well.



リリースノート: Old indicator is fixed 9 weeks, but New indicator can use variable (any weeks or days).


TradingView公式youtubeで毎週月曜20時から配信しています。 https://www.youtube.com/c/jpTradingView

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.