OPEN-SOURCE SCRIPT
Atualizado Break/Reversal/Touch [Intromoto]
This script shows the engulfing breaks, touches and potential reversals for when prices arrives at certain time frame closes.
On publishing it shows the crossovers of the 6 hour, Daily, Weekly, and Monthly time frames.
The candle main signals are contingent on crossing over the closing level, and engulfing the previous candle. Secondary signals occur when the candle low or high touch the closing levels, in the directional color, i.e. you'll get a bearish touch signal if the candle high touches the level, and it's a red candle. Reversals occur when the subsequent candle breaks a closing level, but the current candle engulfs the previous candle in the opposing direction.
If a candles low or high hits a daily, weekly, or monthly close level it also will plot a "D/W/M Touch" in the according direction.
Thanks
On publishing it shows the crossovers of the 6 hour, Daily, Weekly, and Monthly time frames.
The candle main signals are contingent on crossing over the closing level, and engulfing the previous candle. Secondary signals occur when the candle low or high touch the closing levels, in the directional color, i.e. you'll get a bearish touch signal if the candle high touches the level, and it's a red candle. Reversals occur when the subsequent candle breaks a closing level, but the current candle engulfs the previous candle in the opposing direction.
If a candles low or high hits a daily, weekly, or monthly close level it also will plot a "D/W/M Touch" in the according direction.
Thanks
Notas de Lançamento
Styling and fixed repainting for plots. Visible by defaultNotas de Lançamento
Removed 6 hour res. Style changes. Added alerts. 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.
DM for access.
Follow on Twitter for updates.
One time fee, no subscription
twitter.com/IntroMoto
Follow on Twitter for updates.
One time fee, no subscription
twitter.com/IntroMoto
Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
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.
DM for access.
Follow on Twitter for updates.
One time fee, no subscription
twitter.com/IntroMoto
Follow on Twitter for updates.
One time fee, no subscription
twitter.com/IntroMoto
Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.