PROTECTED SOURCE SCRIPT
SR Trend + Stoch + Volume
Further continuation of my Support-Resistance breakout Strategy.
Now it uses Stoch and Volume for trend change identification. SR levels are plotted by the old algo.
Main purpose of this script is trend swings identification additionally to position, mainly it will show trend swing (bgcolor) not in position state to accomplish positions.
Main options:
- timeframe - defines length of MAs used.
- stoch levels - for overbought/sold levels identification.
- plotting SR lines - first support/resistance = stoploss, first support/ressistance = position enter.
For now, it made as study.
Now it uses Stoch and Volume for trend change identification. SR levels are plotted by the old algo.
Main purpose of this script is trend swings identification additionally to position, mainly it will show trend swing (bgcolor) not in position state to accomplish positions.
Main options:
- timeframe - defines length of MAs used.
- stoch levels - for overbought/sold levels identification.
- plotting SR lines - first support/resistance = stoploss, first support/ressistance = position enter.
For now, it made as study.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
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.