PROTECTED SOURCE SCRIPT
Reference Point Extension Strategy

The script accepts the user to enter a date and time when live market starts trading. ex. Nasdaq starts live trading at 9.30 am New York time. Based on the time & candle characteristics and mathematical calculation it draws 2 line RED & green which are no trade zones and breakout on either side can result in achieving the marked targets. Wait for a candle to close above or below the no trade zone and next candle to break its high or low. Put the SL above or below the RED or Green line.
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.