OPEN-SOURCE SCRIPT
Mis à jour Volume Spike Retracement
█OVERVIEW
-Following many people's request to add "Volume" mode again in my "Institutional OrderBlock Pressure" script. I decided to release an improved
and full-fledged script. This will be the last OB/Retracement script I will release as we have explored every possible way to find them.
█HOW TO INTERPRET?
-The script uses the the 0.5 Pivot and the maximum value set for Volume Length to find 'Peak Volume'. Once these conditions are met,
the script starts creating a Retracement Line.
-By default, the Volume Length value is set to 89, which works well with most Timeframes following the OrderBlocks/Retracements
logic used in my scripts.
-You have the option to set Alerts when the "Volume Spike Limit" is reached or when a Price Crossing with a Line occurs.
█NOTES
-Yes Alerts appear instantly. Moreover, they are not 'confirmed', you must ALWAYS wait for confirmation before making a choice.
Good Trade everyone and remember, risk management remains the most important!
-Following many people's request to add "Volume" mode again in my "Institutional OrderBlock Pressure" script. I decided to release an improved
and full-fledged script. This will be the last OB/Retracement script I will release as we have explored every possible way to find them.
█HOW TO INTERPRET?
-The script uses the the 0.5 Pivot and the maximum value set for Volume Length to find 'Peak Volume'. Once these conditions are met,
the script starts creating a Retracement Line.
-By default, the Volume Length value is set to 89, which works well with most Timeframes following the OrderBlocks/Retracements
logic used in my scripts.
-You have the option to set Alerts when the "Volume Spike Limit" is reached or when a Price Crossing with a Line occurs.
█NOTES
-Yes Alerts appear instantly. Moreover, they are not 'confirmed', you must ALWAYS wait for confirmation before making a choice.
Good Trade everyone and remember, risk management remains the most important!
Notes de version
-Added volume spike 'Multiplier' option. (You can now choose yourself the pivot you want to use)-Minor improvements and code cleaning.
Notes de version
-Lines Price alignement correction. Notes de version
-Minor improvementScript open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Telegram: t.me/+erb2pUEsHc43NmRk
E-mail: support@ricksimpsontrading.com
E-mail: support@ricksimpsontrading.com
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Telegram: t.me/+erb2pUEsHc43NmRk
E-mail: support@ricksimpsontrading.com
E-mail: support@ricksimpsontrading.com
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.