OPEN-SOURCE SCRIPT
Cold heart reversal with alerts
This will help you find reversal point pinpoint to its candle actually crossed the lowest or highest in the overbought and oversold zone (stochastic 9,3,3)
Various input parameters are defined . These inputs allow the user to customize the lookback period which is the number of candle before the low or high, Stochastic length.
User can also define their own high and low values that will plot on the chart.
It will be super convenient for traders who want confirmed price closed that is actually its significant point.
I used barstate confirmed in this code so you don't have to worry about repaint
Various input parameters are defined . These inputs allow the user to customize the lookback period which is the number of candle before the low or high, Stochastic length.
User can also define their own high and low values that will plot on the chart.
It will be super convenient for traders who want confirmed price closed that is actually its significant point.
I used barstate confirmed in this code so you don't have to worry about repaint
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.