INVITE-ONLY SCRIPT

GBTT AWS Indicator

Aggiornato

This script reviews previous candle volatility and price action relative the time period chosen and creates pivots/levels/prices to watch for on each candle. This indicator can be run on any time period, but it was meant for longer intraday periods such as the 30m or 1 hour. The entry points are meant to only be valid on the candle in which they are created, once a new candle is created, the previous data is no longer valid. Thus trying to use this on a faster time period could be very difficult. Also the longer the candle has been in place, the less strength given to the entry points.

Note di rilascio

Updated indicator to show wick volatility metric, basically this the value we are using to look for the reversal entry point. If its wick volatility .46, we are looking for .46 cents off a high (.46 cent worth of wick) to enter a bearish reversal position on the candle. Also hid the historical labels by default to only show current candle, but you can turn them on to back test.

Note di rilascio

Added upward and downward volatility values to the historical labels that didnt trigger a signal to look for failed signals and help backtest more accurately

Note di rilascio

Updating chart image to be correct/more accurate. And show the historical signals.

Note di rilascio

updated logic to make this indicator safer, easier to use, easier to back test. It was impossible to tell how well it was working before as the entry points could move after the initial signal, giving a lot of false signals or failed signals. Now we will use the open of the candle as the entry point. If the volatility on the candle is met and the candle reverses direction (and color), we will then signal an entry at this price (the open price). This ultimately makes the signal safer and provides more confirmation of a reversal.

Note di rilascio

Updated historical labels to include the pivot prices for each direction

Note di rilascio

Updating chart...

Note di rilascio

cleaning up UI, cleaning up logic, recalculated how signals are created to only signal the original candle reversal and not be overwritten

Note di rilascio

Final update on the logic for this script, due to the limitations of historical data and repainting, this script is only accurate/reliable on the real time candle. There can be no back testing of historical data here. The algorithm is still watching for a large enough wick to be created, then signals for a possible entry if the candle flips direction (color).

Note di rilascio

updating chart... not sure why the current chart image looks the way it does...

Script su invito

L'accesso a questo script è riservato agli utenti autorizzati dall'autore, solitamente dietro pagamento di una commissione. Puoi aggiungerlo ai preferiti, ma sarai in grado di utilizzarlo solo una volta ricevuto il via libera da parte dell'autore. Per ulteriori informazioni, contatta GreatBlueTradingTeam o segui le istruzioni dell'autore riportate di seguito.

TradingView non suggerisce di pagare per uno script e di utilizzarlo a meno che non ci si fidi al 100% del suo autore e non si comprenda il suo funzionamento. In molti casi, è possibile trovare gratuitamente una buona alternativa open-source nei nostri Script della comunità.

Istruzioni dell'autore

″Please DM us on TradingView or Twitter for more information on how to access this script.

Vuoi usare questo script sui tuoi grafici?

Attenzione: leggi prima di richiedere l'accesso.

GreatBlueTradingTeam

Thank you for viewing our content. More information can be found on our Twitter page below.

Anche su:

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.