OPEN-SOURCE SCRIPT
☼ MAH ☾ - High-Low Fractal Signal
This indicator works based on the market fractal and provides signals.
In a specific time interval that can be adjusted in the indicator settings window, the ceiling and floor of this range are determined, and whenever the price leaves this specified range, a buy or sell signal is issued according to the failure of each of these levels.
By looking at the situation, the trader can enter a position by observing all risk and capital management issues if he sees a suitable and powerful candle.
Note 1: To set the appropriate time frame, be sure to set the chart time to UTC+3:30, otherwise you must set the correct time frame in the indicator settings window and apply your time zone difference to it.
Note 2: The appropriate Time frame for this strategy is 5 and 15 minutes.
Note 3: It is better if the breakout candle is strong and has a small opposite shadow, and also if the candle is pulled back to the broken level and then a suitable candle is seen, the probability of this setup being successful increases.
I hope you find this indicator useful and please send me your feedback.
In a specific time interval that can be adjusted in the indicator settings window, the ceiling and floor of this range are determined, and whenever the price leaves this specified range, a buy or sell signal is issued according to the failure of each of these levels.
By looking at the situation, the trader can enter a position by observing all risk and capital management issues if he sees a suitable and powerful candle.
Note 1: To set the appropriate time frame, be sure to set the chart time to UTC+3:30, otherwise you must set the correct time frame in the indicator settings window and apply your time zone difference to it.
Note 2: The appropriate Time frame for this strategy is 5 and 15 minutes.
Note 3: It is better if the breakout candle is strong and has a small opposite shadow, and also if the candle is pulled back to the broken level and then a suitable candle is seen, the probability of this setup being successful increases.
I hope you find this indicator useful and please send me your feedback.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, penulis telah menerbitkan kod Pine ini sebagai sumber terbuka supaya pedagang dapat memahami dan mengesahkannya. Sorakan kepada penulis! Anda boleh menggunakan perpustakaan ini secara percuma, tetapi penggunaan semula kod dalam penerbitan ini adalah dikawal oleh Peraturan dalaman. Anda boleh menyukainya untuk menggunakannya pada carta.
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Penafian
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