OPEN-SOURCE SCRIPT

Range Based Signals and Alerts

Aggiornato
This script produces a compiled version of rule based signals that is meant to be used mainly on 5 Min timeframe based on daily(as default) Highs and Lows on average and the main purpose is to give user settings to change and adapt based on their needs and make it as adjustable as possible. This entry strategy idea does not belong to me but for TV's in-house rule reasons i can't disclose whose idea it is but i think people that will use this indicator will know who the original idea belongs to.

Rules used for signal production:
- Daily(As default) High-Low points
- Moving Average for detecting reversing of price
- MTF MACD (Daily as default) for detecting overall trend

Signals produced based on extensions of price out of daily zones and when they drop or rise back into moving average. A conditional checker is used for reducing repeated unnecessary signals and alerts.
Happy trading.
Note di rilascio
Updated the conditional as non-repainting and created a functional alert option that provides both Long and Short signals in a single alert.
5mindailyrangehighlowMoving AveragesmultitimeframesignalsVolatility

Script open-source

In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.

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