Range Based Signals and Alerts

This script produces a compiled version of rule based signals that is meant to be used mainly on 5 Min timeframe based on daily(as default) Highs and Lows on average and the main purpose is to give user settings to change and adapt based on their needs and make it as adjustable as possible. This entry strategy idea does not belong to me but for TV's in-house rule reasons i can't disclose whose idea it is but i think people that will use this indicator will know who the original idea belongs to.

Rules used for signal production:
- Daily(As default) High-Low points
- Moving Average for detecting reversing of price
- MTF MACD (Daily as default) for detecting overall trend

Signals produced based on extensions of price out of daily zones and when they drop or rise back into moving average. A conditional checker is used for reducing repeated unnecessary signals and alerts.
Happy trading.

Nota Keluaran

Updated the conditional as non-repainting and created a functional alert option that provides both Long and Short signals in a single alert.

Skrip sumber terbuka

Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.

serkany88

One does not simply win every trade.

Juga pada:

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.

Skrip sumber terbuka

serkany88

One does not simply win every trade.

Juga pada: