OPEN-SOURCE SCRIPT

Institution Accumulation/Distribution

2 447
Leveraging the Williams%R oscillator, the script has been optimized to pick out key turning point in the market specifically at Resistance (Overbought) or Support (Oversold)

The algo has been programmed to print both buy and sell alerts at extremes/when conditions flip eg a long position will be closed simultaneously opening a short position above resistance.

Best used as a scalping tool targeting 30m and below works well with currency pairs

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.