OPEN-SOURCE SCRIPT

CM_Blast_Off_V1_Alerts Ready

Blast Off Indicator - Alert Ready!!!

Created By Request from @elpuerto936c

Description of Indicator:
***This measures the day's open / close vs then high lows of the day (range)
***When the open /close is less than 20% of the range, then it's likely that the following day will have a big jump.
***The Thought Process is Simply When (Open - Close) is Less Than 20% Of The Range…Shows Indecision and Breakout is Probable.
***Which way? Use whatever indicator you want to figure out if the market is oversold or overbought.

***NOTE: If Indicator Triggers After Extended Up or Down Move…This = High Probability Reversal.

In Inputs Tab:
-Ability to Change The Trigger Value…(This is Percent The (Open-Close) is to the Total RANGE of The Bar).
-Ability to Turn On/Off Highlight Bars via Check Box.

To Set Alert:
-In First Drop Down Box Select Name of Indicator
-In Drop Down to Right Select “Alert Blast Off If Below Trigger”.
-Then Select “Greater Than”.
-Then Select “Value”
-To the Right of Value type in .99
-Select On Bar Close, If not you will get FALSE Alerts.
alertschrismoodyVolatility

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.

Quer usar esse script no gráfico?


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