I decided to practice and rewrite some interesting scripts from mt4 to pinescript for myself, all credits are in the source code.
An interesting indicator, I decided to post it like all other alternatives have closed source code, I hope it will be useful for someone!
With this indicator, you can filter small volumes, thereby making less noise so that you notice a possible trend reversal.
For example, rising/extreme factor set to - 1.263, some volume was filtered, now it's more easy to understand, isn't ?
An interesting indicator, I decided to post it like all other alternatives have closed source code, I hope it will be useful for someone!
With this indicator, you can filter small volumes, thereby making less noise so that you notice a possible trend reversal.
For example, rising/extreme factor set to - 1.263, some volume was filtered, now it's more easy to understand, isn't ?
Nota Keluaran:
Updated the preview for a more understandable purpose of the script
Nota Keluaran:
Update v1.0
- Indicator bug fix for cryptocurrency pairs thanks to @jonatasbermudes
- Alerts fixed
- Small bug fixes (typo, etc.)
- Indicator bug fix for cryptocurrency pairs thanks to @jonatasbermudes
- Alerts fixed
- Small bug fixes (typo, etc.)
Nota Keluaran:
Optimized the logic to be compatible for all markets, including forex and crypto
Added 5 colors instead of 5, thanks to @eyeioanh for the noticing this.
Now it's more likely near to the original lua script for MT4.
Enjoy :)
Added 5 colors instead of 5, thanks to @eyeioanh for the noticing this.
Now it's more likely near to the original lua script for MT4.
Enjoy :)