BloodInTheStreets
The indicator draws a OB/OS cloud. It signals OB/OS condition when price enters or goes beyond the cloud.
If price is:
- In Between the Cloud: No man's land
- Inside the Upper/Lower Cloud: OB/OS
- Beyond the Upper/Lower Cloud: Strong OB/OS (very usual in crypto currencies)
It also includes a feature to draw a helper line to place your Stop Losses (SL).
The SL line is placed beyond the OB/OS cloud, at a point where there's a very low probability that could be taken by Market Makers Washouts.
Additionally, the indicator could be customized by:
- Show/Hide Cloud
- Cloud Factor: To fine tune the OB/OS levels according to the characteristics of each market
The indicator needs at least 180 history bars to determine OB/OS levels.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact gliderfund directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact gliderfund directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.