OPEN-SOURCE SCRIPT
Percents_0,25%
I was watching some videos about price action and saw one covering the behavior of institutions and how it is agressive and defensive in some level of percentage of changing in price.
Curious, I wrote this script and it is realy interinsting how the price is kept or cross some levels.
In this script I chose the 0.25% change as default and 3 EMA of 8, 34 and 144 to help.
The level 0.0 is the ysterday daily closing price, above it the lines show the levels incrising with "pitch" 0.25% in green, bellow it the levels incrising with "pitch" 0.25% in orange.
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Take a look and comment.
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Observation: this script fit better in sessions that have a daily closing price. Indices that close only in weekendas can cause distortions. There is little bug in the last candle, the price 0.0 follow the close price from the current candle. If someone could fix it I thanks.
Curious, I wrote this script and it is realy interinsting how the price is kept or cross some levels.
In this script I chose the 0.25% change as default and 3 EMA of 8, 34 and 144 to help.
The level 0.0 is the ysterday daily closing price, above it the lines show the levels incrising with "pitch" 0.25% in green, bellow it the levels incrising with "pitch" 0.25% in orange.
//----
Take a look and comment.
//---
Observation: this script fit better in sessions that have a daily closing price. Indices that close only in weekendas can cause distortions. There is little bug in the last candle, the price 0.0 follow the close price from the current candle. If someone could fix it I thanks.
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.
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