simpelyfe

Multi-TF Scatter Plot

It's Sim Season!

The Mult-Timeframe Scatter Plot charts the HLC3 ((high+low+close)/3) for the following timeframes:

  • 1-day (1440 min)
  • 6-hour (360 min)
  • 3-hour (180 min)
  • 60 min
  • 30 min

It is meant to be used with intraday timeframes. The plots are organized by increasing size with increasingly higher timeframes (see chart) and are color-coded depending on whether or not the close is greater than the open for that timeframe (green) or less than the open (peach). This script is intended to gauge support, resistance and trend (hint: analyze the flow of each HLC3 timeframe plot with special attention to whether or not the close is > or < the open).

Happy trades and get that paper,

Sim

Tip jar: 1CDm1RMiDNiLQ926Rc8Vdi6VtiLGJQgLiZ

Inspiration for this script: https://tools.tradingroom.io/#/
Feb 08
Notas de Lançamento: Cleaning up code.
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Hello simpelyfe, very nice creation. Appreciated your generosity =D
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simpelyfe simpelyfe
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