devnpips

Market Swiss Knife

Simple script, helpful to analyse the current conditions of the market and make your own decisions. It's not a signal indicator

* Shows an EMA to help you identify the trend
* Uses the ATR to plot two lines below (current low + ATR) and above (current high - ATR) the current candle. Useful to see whether the market is overextended or find possible targets
* Plots a vertical line showing NY, Tokyo and London session opens
* Includes a position size calculator to calculate your desired lot size (works in forex and gold )
Release Notes: Deleted unnecessary comments in code
Release Notes: * Minor aesthetic changes in settings menu
* Deleted unnecessary plots
Release Notes: Aesthetic changes
Release Notes: * Made default colour for session lines more transparent
* Added the option to plot daily, weekly and monthly open and also previous weekly high and low. You can remove the levels you don't wanna see plotted
Release Notes: just updating indicator chart preview
Release Notes: Chart update :/
Release Notes: * updated indicator short-title
* extended atr lines so that they are drawn through the whole current day and not just the last candle
* added color option to atr lines
* moved fx calculator to the bottom of the settings
* fixed a bug where on mondays the weekly open and daily open would overlap, now it just shows weekly open
Release Notes: Removed the FX lot calculator so that the indicator can run on charts like ETHBTC without errors.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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