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Intelligent Oscillation Box
Indicator Name: Smart Consolidation Box
Purpose: Automatically draws "consolidation boxes" and identifies breakout directions.
Core Logic:
Find Consolidation: If the price fluctuates very little over a recent period (below a set threshold), it is identified as consolidation, and a blue box is drawn.
Monitor Breakout: When the price moves outside the box, the color does not change immediately.
Filter False Breakouts: A breakout is only confirmed as genuine if the price remains outside the box for several consecutive bars.
Bullish Breakout (Up): Box turns Green.
Bearish Breakout (Down): Box turns Red.
Box Expansion: During the blue consolidation phase, if the price makes a new high/low while the overall range remains tight, the box automatically expands to include it.
One-Sentence Summary: It automatically draws the market's "consolidation ranges" for you and provides a clear color-coded signal when the range is effectively broken.
Purpose: Automatically draws "consolidation boxes" and identifies breakout directions.
Core Logic:
Find Consolidation: If the price fluctuates very little over a recent period (below a set threshold), it is identified as consolidation, and a blue box is drawn.
Monitor Breakout: When the price moves outside the box, the color does not change immediately.
Filter False Breakouts: A breakout is only confirmed as genuine if the price remains outside the box for several consecutive bars.
Bullish Breakout (Up): Box turns Green.
Bearish Breakout (Down): Box turns Red.
Box Expansion: During the blue consolidation phase, if the price makes a new high/low while the overall range remains tight, the box automatically expands to include it.
One-Sentence Summary: It automatically draws the market's "consolidation ranges" for you and provides a clear color-coded signal when the range is effectively broken.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
QQ 2777805386
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
QQ 2777805386
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.