PROTECTED SOURCE SCRIPT
Updated Lookback OHLC
This indicator displays x number of unit's of time's open, high, low, close. Default view is a weekly segment 1 unit back. There are many strategies you can deploy using this indicator. One of them is to look at how price acts around the "mid" line. It can get sticky around that area. If price rejects or passes through, there is a good chance of test of the "low" level.
*Resolution: basis for calculating open, high, low, and closing lines.
*Lookback Period 1: amount of time to look back. There is no limitation of number of period to lookback.
0 = calculate using current period
1 = calculate lines using data from previous resolution period (recommended default)
2 = calculate using data from 2 units of resolution previously.
*Line size: thickness of all the lines in the chart.
Previous week's CME closing line is displayed automatically on BTCUSD and BTCPERP charts. You can disable this on the setting's style menu.
*Resolution: basis for calculating open, high, low, and closing lines.
*Lookback Period 1: amount of time to look back. There is no limitation of number of period to lookback.
0 = calculate using current period
1 = calculate lines using data from previous resolution period (recommended default)
2 = calculate using data from 2 units of resolution previously.
*Line size: thickness of all the lines in the chart.
Previous week's CME closing line is displayed automatically on BTCUSD and BTCPERP charts. You can disable this on the setting's style menu.
Release Notes
Added ligmaRelease Notes
Ligma 2Protected 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.