OPEN-SOURCE SCRIPT
Strongholds - Objective & Accurate Reference Points / Structures
Mis à jour
Very early in my trading career, I came across Pivot Points only to find out that there are as many calculations as one pleases. It was hard to find out which ones work. Most of them probably did only out of randomness, so I ditched the strategy and looked for something else.
I previously used my Oracle Eye and Reference Points scripts but it is time for an upgrade.
Stronghold is a script I have used for quite some time now. I ditched daily and weekly closing prices as not that important. Instead, Strongholds are equipped with:
►Daily High & Low • Azure color
►Weekly High & Low • Dark blue
►Weekly old High & Low • Semi-transparent dark circles
►Monthly High & Low • Wizardly purple
There is an option to print:
►4h High & Low • Semi-transparent red
►VWAP • Lovely purple
►Weekly VWAP • Black
All of the levels and lines are set for 1m, 5m, 10m, 15m, 30m, 1h, 4h, 1D timeframes. If you use any alien timeframe, you may need to enter the code.
You can opt-in and out for certain timeframes. For example, daily levels are visible from 15m or 30, so the indicator won't draw them unless you want to. However, they will not be seen on higher timeframes as there is no reason to show them and oversaturate the chart with lines.
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Remember that if you use this script with auto-scale, you need to tick Scale Price Chart Only. Otherwise, your chart will fly to the moon!
Good luck & have fun!
I previously used my Oracle Eye and Reference Points scripts but it is time for an upgrade.
Stronghold is a script I have used for quite some time now. I ditched daily and weekly closing prices as not that important. Instead, Strongholds are equipped with:
►Daily High & Low • Azure color
►Weekly High & Low • Dark blue
►Weekly old High & Low • Semi-transparent dark circles
►Monthly High & Low • Wizardly purple
There is an option to print:
►4h High & Low • Semi-transparent red
►VWAP • Lovely purple
►Weekly VWAP • Black
All of the levels and lines are set for 1m, 5m, 10m, 15m, 30m, 1h, 4h, 1D timeframes. If you use any alien timeframe, you may need to enter the code.
You can opt-in and out for certain timeframes. For example, daily levels are visible from 15m or 30, so the indicator won't draw them unless you want to. However, they will not be seen on higher timeframes as there is no reason to show them and oversaturate the chart with lines.
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Remember that if you use this script with auto-scale, you need to tick Scale Price Chart Only. Otherwise, your chart will fly to the moon!
Good luck & have fun!
Notes de version
Added an option to select either close 30m range (default) or open 30m range (good for stocks).Notes de version
Added time settings for the initial balance (open/close)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
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.