PROTECTED SOURCE SCRIPT
Updated Candle by Candle (CbC)
Shows trend based on color of the candle.
If there are two consecutive candles of the same color, it gives an entry signal. It will trail the exit to the low of consecutive candles. You can choose whether you want to trail to the low of all of the next candles or only the candles in the direction of your entry. Once exit is breached you get an exit. You can choose whether you want the exit on candle close or immediately when the price hits.
If there are two consecutive candles of the same color, it gives an entry signal. It will trail the exit to the low of consecutive candles. You can choose whether you want to trail to the low of all of the next candles or only the candles in the direction of your entry. Once exit is breached you get an exit. You can choose whether you want the exit on candle close or immediately when the price hits.
Release Notes
Fixed when entries and exits crop up at the same candle. Release Notes
Fixed the logic of entries and exitsRelease Notes
fixed multiple exits issueProtected 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.