Greetings Traders! I have decided to release a few scripts as open-source as I'm sure others can benefit from them and perhaps make them better.(Be sure to check my Profile for the other scripts as well: tradingview.com/u/DayTradingOil/).
This one is called Projection.
Projection is based off the same Principle as some of my other scripts, such as Trade Manager(tradingview.com/script/M926eZzM-Trade-Manager/) and Price Predictor(tradingview.com/script/M926eZzM-Trade-Manager/). I use a simple concept using line.new() to define some potential Price Projections. From the Settings of the Indicator, you can access a couple different Pre-Set options.
Wide Parabola:
Skinny Parabola:
Straight Triangle:
ZigZag1:
ZigZag2:
I wanted to give a Special Thanks to PineCoders for the custom RoundToTick Function from Backtesting/Trading Engine --> (tradingview.com/script/dYqL95JB-Backtesting-Trading-Engine-PineCoders/)
If you like Projection, be sure to Like, Follow, and if you have any questions, don't be afraid to drop a comment below.
This one is called Projection.
Projection is based off the same Principle as some of my other scripts, such as Trade Manager(tradingview.com/script/M926eZzM-Trade-Manager/) and Price Predictor(tradingview.com/script/M926eZzM-Trade-Manager/). I use a simple concept using line.new() to define some potential Price Projections. From the Settings of the Indicator, you can access a couple different Pre-Set options.
Wide Parabola:
Skinny Parabola:
Straight Triangle:
ZigZag1:
ZigZag2:
I wanted to give a Special Thanks to PineCoders for the custom RoundToTick Function from Backtesting/Trading Engine --> (tradingview.com/script/dYqL95JB-Backtesting-Trading-Engine-PineCoders/)
If you like Projection, be sure to Like, Follow, and if you have any questions, don't be afraid to drop a comment below.
Open-source script
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.
For quick access on a chart, add this script to your favorites — 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.
Open-source script
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.
For quick access on a chart, add this script to your favorites — 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.