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Congestion Zone

Congestion zone include at least 3 candle sticks that the next candle has an opening and closing price within the previous candle
When the price returns to the congested zone there is a possibility of a reversal
The congestion zone is used as a support-resistance area and is used by price action traders.
This script will highlight congestion zones, this will help PA Traders find out them easily.
Nota Keluaran
Support highlight congestion zone with multiple candles
Nota Keluaran
add border color and increase width of box next 2 candles
Nota Keluaran
- Convert source code to version 5
- Send alert once have a new congestion zone
Nota Keluaran
Fix bug and change alert message
Nota Keluaran
update logic of congestion zone

Penafian