Daily Settlement (BM&FBOVESPA B3 FUTURES)

This script is simple designed to plot the daily settlement to any Securities traded on B3, Brazilian stock exchange.

The daily settlement is an important price where position traders are adjusted every day. This adjustment is defined by the exchange itself every day at approximately 4 pm, with an average of all trades in this window.

We consider that the settlement is a region of "money spent", where every day, some player "woke up" in long or in short at that price. As this is a region of "money spent", traders should give significant attention when traded at this price.

Este é um estudo pessoal e não recomendação de investimento. Negocie pelo seu próprio risco.
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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