OPEN-SOURCE SCRIPT
[TK] Congestion pattern
Draw on your chart the congestion zone.
The exit of the congestion zone is an interesting time for trading.
How is calculated the congestion zone ?
If the candle close in the range of the previous candle : this is a continuation of the congestion zone
if the candle close out of the range of the previous candle : the congestion zone is over
The exit of the congestion zone is an interesting time for trading.
How is calculated the congestion zone ?
If the candle close in the range of the previous candle : this is a continuation of the congestion zone
if the candle close out of the range of the previous candle : the congestion zone is over
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.