*SSS 50% Rule Indicator

24 Nov 2021

This indicator is based on Sara Strat Sniper's - 50% Rule for trading Outside Bars and helps you visual the method quickly.

This indicator allows you to select: Outside Day/Week/Month Warning Levels with Previous High and Low Levels all available within the indicators settings.
Please note - Daily warning and high/low levels are set to the indicators default. Feel free to change and save as required. Any issues let me know.


** Indicator Setup Requirements **

• For Indicator to correctly display the 50% price level you need to setup your chart correctly. Right-click your chart background, select Settings, select Scales and Tick “Indicator Last Value Label". Now your 50% Price level will be displayed.
  

29 Nov 2021

Nota Keluaran

Update:

• High and Low Price Labels added to y-axis.
  
• Outside 60 Warning with High and Low Levels added
  
  

31 Dis 2021

Nota Keluaran

Custom Functions added as requested by users to produce cleaner charts.

• H Line added for 50% level
  
• Ability to change color for H/L Levels and Labels.
  
• Adjust Line Width and Line Style
  
• Adjust 50% and High/Low Label Offsets
  
• Basic Alert Function added for 50% Level. Add Alert and Select Condition: SSS 50%, followed by your desired Outside Day Warning. Please note alert functions have been tested and work once the current close price crosses the 50% level. Any issues please let me know and I will update when required.
  

20 Nov 2022

Nota Keluaran

Settings option changed. For 50% level to work, Right-click chart background, select Settings, Scales, tick “Indicators and financials value”.

17 Jun 2024

Nota Keluaran

Script updated to support pine version 5.