OPEN-SOURCE SCRIPT

Month breaks

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A very simple indicator that marks the start of every month with a vertical line. But default the vertical line is gray with 80% transparency but you can customize the style/color/transparency as you like.

I hate crowded charts, bloated with all kind of crazy shapes and I created this indicator for two main reasons:

1. beginning/end of the month is an excellent pivot-point
2. to be simple, easy to customize and non-intrusive with the underlying chart

See the attached EURUSD daily chart, at the beginning of every month the price pivoted up and down, can you figure out what happens at the end of Dec 2019?

snapshot

Trade long and prosper!!!
Notes de version
CHANGES

- display the indicator on intraday and daily time frames only
- hide indicator value label on price axis
Notes de version
Small change to apply this indicator to another indicator (RSI, MA, etc)
breakmonthPivot Points

Script open-source

Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Vous voulez utiliser ce script sur un graphique ?

Clause de non-responsabilité