PROTECTED SOURCE SCRIPT
NY S/R Breakout V1
https://drive.google.com/file/d/18Muc2NojwZoCbnJ9BcRp2D49A4myChwq/view?usp=sharing
https://drive.google.com/file/d/1Bayqb1ZvMTB9D8yDv_poxxfYBqVgZO_e/view?usp=sharing
Using ATR, VWAP, and RVOL, we can make assumed breakout lines that follow as the price develops, and when a good breakout happens, the lines won't follow but become slightly static to confirm.
The best use I've seen with this indicator is when Price on the 5m closes officially above or below one of the lines, and then shows some bullish push up on the 1m, followed by VWAP price being below price if Bullish, and Above price if Bearish (A good distance is developed for an accurate VWAP)
Please note that this indicator was developed using Google AI.
Please comment on your thoughts, ideas, and improvements to help this indicator grow!
The best settings for this are:
Keep only Long Buffer, short Buffer, and VWAP on
Turn off the ORB High and Low
ATR - 0.3
Relative Volume Threshold - 1.2
These are the settings I found successful for finding confirmed breakouts at 9:30 AM EST, market open
This code was developed by parischristo67
Coded with Gemini
https://drive.google.com/file/d/1Bayqb1ZvMTB9D8yDv_poxxfYBqVgZO_e/view?usp=sharing
Using ATR, VWAP, and RVOL, we can make assumed breakout lines that follow as the price develops, and when a good breakout happens, the lines won't follow but become slightly static to confirm.
The best use I've seen with this indicator is when Price on the 5m closes officially above or below one of the lines, and then shows some bullish push up on the 1m, followed by VWAP price being below price if Bullish, and Above price if Bearish (A good distance is developed for an accurate VWAP)
Please note that this indicator was developed using Google AI.
Please comment on your thoughts, ideas, and improvements to help this indicator grow!
The best settings for this are:
Keep only Long Buffer, short Buffer, and VWAP on
Turn off the ORB High and Low
ATR - 0.3
Relative Volume Threshold - 1.2
These are the settings I found successful for finding confirmed breakouts at 9:30 AM EST, market open
This code was developed by parischristo67
Coded with Gemini
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Script protegido
Esse script é publicada como código fechado. No entanto, você pode gerenciar suas escolhas de bate-papo. Por favor, abra suas Configurações do perfil
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.