Buddha Price Line

Category: trend

Visually projects a dynamic horizontal price line and arrow from the current closing price to the right scale, color-coded by the price change relative to the previous bar.

Formula

C_t > C_{t-1} \rightarrow Bullish, C_t < C_{t-1} \rightarrow Bearish, Else \rightarrow Neutral

Inputs

• Bullish (default: rgb(0, 255, 30))
• Neutral (default: rgb(255, 255, 255))
• Bearish (default: rgb(255, 0, 0))
• Line Size (default: 2)
• On/Off (default: true)

See signal primitives, usage in published strategies and more on WOBR StrategyVerse.