OPEN-SOURCE SCRIPT
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Break/Reversal/Touch [Intromoto]

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This script shows the engulfing breaks, touches and potential reversals for when prices arrives at certain time frame closes.

On publishing it shows the crossovers of the 6 hour, Daily, Weekly, and Monthly time frames.

The candle main signals are contingent on crossing over the closing level, and engulfing the previous candle. Secondary signals occur when the candle low or high touch the closing levels, in the directional color, i.e. you'll get a bearish touch signal if the candle high touches the level, and it's a red candle. Reversals occur when the subsequent candle breaks a closing level, but the current candle engulfs the previous candle in the opposing direction.

If a candles low or high hits a daily, weekly, or monthly close level it also will plot a "D/W/M Touch" in the according direction.

Thanks
Nota Keluaran
Styling and fixed repainting for plots. Visible by default
Nota Keluaran
Removed 6 hour res. Style changes. Added alerts.

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.