Timeframes: It takes the user-defined high and low timeframes.
Lower Lows (LL) and Lower Highs (LH) Pattern (15 minutes): Calculates the lowest and highest prices in the high timeframe and identifies a pattern.
Order Block (OB) Identification: Defines the order block in the low timeframe.
Valid Order Block (Cross from opposite side): Determines if an order block is valid.
Entry Condition: Determines entry conditions, such as the formation of a specific pattern and the presence of a valid order block.
Plots: Adds shapes and lines to the chart, such as entry points and high/low prices.
This code is used to create technical analysis strategies in Pine Script. It generates buy/sell signals based on user-defined conditions and adds indicators to the chart accordingly.
Lower Lows (LL) and Lower Highs (LH) Pattern (15 minutes): Calculates the lowest and highest prices in the high timeframe and identifies a pattern.
Order Block (OB) Identification: Defines the order block in the low timeframe.
Valid Order Block (Cross from opposite side): Determines if an order block is valid.
Entry Condition: Determines entry conditions, such as the formation of a specific pattern and the presence of a valid order block.
Plots: Adds shapes and lines to the chart, such as entry points and high/low prices.
This code is used to create technical analysis strategies in Pine Script. It generates buy/sell signals based on user-defined conditions and adds indicators to the chart accordingly.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.