OPEN-SOURCE SCRIPT

Gold Futures 2M 5M Tick Move Indicator

250
๐Ÿ“ข Gold Futures Tick Move Indicator ๐Ÿš€
Customizable Tick-Based Trading Alerts & Visualization

๐Ÿ”น Overview:

The Gold Futures Tick Move Indicator is designed for traders who rely on tick-based price movements to detect significant market activity. This indicator identifies strong momentum moves, triggers customizable buy and sell signals, and provides clear trade range visualizations with take profit and stop loss levels.

๐Ÿ”น Key Features:

โœ… Customizable Tick Threshold โ€“ Adjust the number of ticks needed to trigger a buy/sell signal (default: 65 ticks).
โœ… Take Profit & Stop Loss Levels โ€“ Automatically calculates and plots exit levels (default: 75 TP, 40 SL).
โœ… Buy/Sell Alerts โ€“ Get real-time alerts when a candle moves beyond the defined tick threshold.
โœ… Custom Colors for Trade Signals โ€“ Buy (teal #008080), Sell (hot pink #FF69B4).
โœ… Trade Range Visualization โ€“ Background colors highlight long & short positions for better clarity.
โœ… Candle Highlighting โ€“ Turns white when a tick-based signal is detected.

๐Ÿ”น How It Works:

1๏ธโƒฃ Set your tick movement threshold โ€“ Define how many ticks the price must move to trigger a trade signal.
2๏ธโƒฃ Customize Take Profit & Stop Loss โ€“ Modify exit levels to match your strategy.
3๏ธโƒฃ Wait for a Signal โ€“ If the price moves beyond the defined tick range, the indicator plots a Buy (teal) or Sell (hot pink) signal.
4๏ธโƒฃ Monitor Trade Zones โ€“ Trade ranges are highlighted in teal or pink for quick visualization.
5๏ธโƒฃ Receive Alerts โ€“ Set up TradingView alerts to be notified of trade opportunities.

๐Ÿ”น Who is This For?

๐Ÿ’ฐ Gold Futures Traders looking to capitalize on price momentum
๐Ÿ“ˆ Scalpers & Day Traders seeking precise tick-based entries
๐ŸŽฏ Algo Traders who want automated alerts & visual cues

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.