OPEN-SOURCE SCRIPT
Top and Bottom Identifier [digit23]
Atualizado
This indicator is designed to identify potential market tops and bottoms based on customizable conditions. It employs price action analysis, considering candlestick patterns, body size, and recent price history. Traders can adjust parameters like the threshold multiplier and body size multiplier to fine-tune sensitivity.
Features:
Identifies potential tops and bottoms.
Customizable threshold and body size multipliers.
Utilizes price action analysis exclusively.
User-friendly and visually represented on the chart.
Usage:
Red Triangles: Indicate potential market tops.
Green Triangles: Indicate potential market bottoms.
Parameters:
Threshold Multiplier: Adjusts sensitivity.
Body Size Multiplier: Controls the significance of candlestick body size.
Note:
This indicator is for traders preferring price action analysis to identify potential reversals. It's recommended to use alongside other technical analysis tools for comprehensive trading decisions.
Disclaimer:
Trading involves risk; thorough analysis is crucial before making decisions. This indicator is a tool for technical analysis and should be part of a broader trading strategy.
Features:
Identifies potential tops and bottoms.
Customizable threshold and body size multipliers.
Utilizes price action analysis exclusively.
User-friendly and visually represented on the chart.
Usage:
Red Triangles: Indicate potential market tops.
Green Triangles: Indicate potential market bottoms.
Parameters:
Threshold Multiplier: Adjusts sensitivity.
Body Size Multiplier: Controls the significance of candlestick body size.
Note:
This indicator is for traders preferring price action analysis to identify potential reversals. It's recommended to use alongside other technical analysis tools for comprehensive trading decisions.
Disclaimer:
Trading involves risk; thorough analysis is crucial before making decisions. This indicator is a tool for technical analysis and should be part of a broader trading strategy.
Notas de Lançamento
- Changed default threshold multiplier to 0.1- Changed photshape triangle size to size.small
- Now Signals are more clearly visible.
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?
Aviso legal
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