OPEN-SOURCE SCRIPT
highs and lows
This system allow you to detect the highs and the lows based on open and close and donchian channel
with this system you can easy find the resistance and the support level
good from 4 hour chart to 5 min chart
The black line are the 10% margin which you can use as you exit point or your stop once we find a low by the donochian cahannel
The system try to help you to find the target of your take profit once you decided to go either short or long
There is no alerts but they can be added if one wish to do it
one can add TP to it or change settings as he wish if want to play with code. I keep it as idea only
main scripts are made from scripts that are open in TV
15 min graph
4 hour graph
with this system you can easy find the resistance and the support level
good from 4 hour chart to 5 min chart
The black line are the 10% margin which you can use as you exit point or your stop once we find a low by the donochian cahannel
The system try to help you to find the target of your take profit once you decided to go either short or long
There is no alerts but they can be added if one wish to do it
one can add TP to it or change settings as he wish if want to play with code. I keep it as idea only
main scripts are made from scripts that are open in TV
15 min graph
4 hour graph
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.
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.
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.