OPEN-SOURCE SCRIPT
Daily Manipulation and Distribution Levels
Key Fixes:
request.security Issue:
Corrected the use of request.security to explicitly specify the timeframe and ensure proper syntax (high, low, open provided explicitly).
Dynamic Lines:
Replaced static hline with line.new, which supports dynamic values for plotting.
Line Cleanup:
Deleted old lines whenever new ones are created to prevent clutter.
Simplified Alerts:
Alerts now only trigger when the price crosses the key manipulation levels (manipulation_plus and manipulation_minus).
Usage:
Manipulation Levels:
Blue Line (Manipulation+): Watch for price crossing above this level as a potential buying opportunity.
Red Line (Manipulation-): Watch for price crossing below this level as a potential selling opportunity.
Distribution Levels:
These serve as potential take-profit zones (green for resistance, purple for support).
Let me know if any other adjustments are needed!
request.security Issue:
Corrected the use of request.security to explicitly specify the timeframe and ensure proper syntax (high, low, open provided explicitly).
Dynamic Lines:
Replaced static hline with line.new, which supports dynamic values for plotting.
Line Cleanup:
Deleted old lines whenever new ones are created to prevent clutter.
Simplified Alerts:
Alerts now only trigger when the price crosses the key manipulation levels (manipulation_plus and manipulation_minus).
Usage:
Manipulation Levels:
Blue Line (Manipulation+): Watch for price crossing above this level as a potential buying opportunity.
Red Line (Manipulation-): Watch for price crossing below this level as a potential selling opportunity.
Distribution Levels:
These serve as potential take-profit zones (green for resistance, purple for support).
Let me know if any other adjustments are needed!
Script de código aberto
No verdadeiro espírito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam compreendê-lo e analisá-lo. Parabéns ao autor! Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações é regida pelas Regras da Casa. Você pode favoritá-lo para usá-lo em um gráfico.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.