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HLongTran
15 de Mai de 2022 05:32

Congestion Zone 

Gold / U.S. DollarFOREX.com

Descrição

Congestion zone include at least 3 candle sticks that the next candle has an opening and closing price within the previous candle
When the price returns to the congested zone there is a possibility of a reversal
The congestion zone is used as a support-resistance area and is used by price action traders.
This script will highlight congestion zones, this will help PA Traders find out them easily.

Notas de Lançamento

Support highlight congestion zone with multiple candles

Notas de Lançamento

add border color and increase width of box next 2 candles
Comentários
alerts4trading
thanks
vietthien2
thank you for sharing!
a simple and very useful indicator
Mais