OPEN-SOURCE SCRIPT
Mis à jour Zen Stop-Order Entry v1
Zen STP Entry v1
Description:
The **Zen STP Entry v1** indicator is designed for price action traders looking to identify potential breakout entry points with precision. This indicator provides a visual representation of bullish and bearish breakout signals based on price action dynamics.
**Key Features:
- **Bullish Breakout Detection:** Automatically identifies bullish breakouts when the current bar's high exceeds the previous high, considering the close of the prior bar for confirmation.
- **Bearish Breakout Detection:** Recognizes bearish breakouts when the current bar's low falls below the previous low, incorporating the close of the prior bar for validation.
- **Good Close Feature:** Optionally includes an additional filter to ensure breakouts occur only when the prior bar closes in the top 25% for bullish signals and the bottom 25% for bearish signals.
- **Ignore Inside Bars:** A customizable option allows users to choose whether to ignore signals from inside bars, helping to filter out false signals during periods of consolidation.
- **Customizable Line Length and Width:** Tailor the appearance of the breakout lines with adjustable settings for line length (number of bars) and thickness, providing clarity and visibility on the chart.
**How to Use:**
1. Add the **Zen STP Entry v1** indicator to your chart.
2. Configure the settings to suit your trading style and preferences.
3. Look for breakout lines to appear, indicating potential entry points for bullish or bearish trades.
4. Use in conjunction with other technical analysis tools for a comprehensive trading strategy.
**Conclusion:**
The **Zen STP Entry v1** is a powerful tool for traders focused on price action strategies. By leveraging breakout signals and customizable features, this indicator aims to enhance your trading decision-making process.
Description:
The **Zen STP Entry v1** indicator is designed for price action traders looking to identify potential breakout entry points with precision. This indicator provides a visual representation of bullish and bearish breakout signals based on price action dynamics.
**Key Features:
- **Bullish Breakout Detection:** Automatically identifies bullish breakouts when the current bar's high exceeds the previous high, considering the close of the prior bar for confirmation.
- **Bearish Breakout Detection:** Recognizes bearish breakouts when the current bar's low falls below the previous low, incorporating the close of the prior bar for validation.
- **Good Close Feature:** Optionally includes an additional filter to ensure breakouts occur only when the prior bar closes in the top 25% for bullish signals and the bottom 25% for bearish signals.
- **Ignore Inside Bars:** A customizable option allows users to choose whether to ignore signals from inside bars, helping to filter out false signals during periods of consolidation.
- **Customizable Line Length and Width:** Tailor the appearance of the breakout lines with adjustable settings for line length (number of bars) and thickness, providing clarity and visibility on the chart.
**How to Use:**
1. Add the **Zen STP Entry v1** indicator to your chart.
2. Configure the settings to suit your trading style and preferences.
3. Look for breakout lines to appear, indicating potential entry points for bullish or bearish trades.
4. Use in conjunction with other technical analysis tools for a comprehensive trading strategy.
**Conclusion:**
The **Zen STP Entry v1** is a powerful tool for traders focused on price action strategies. By leveraging breakout signals and customizable features, this indicator aims to enhance your trading decision-making process.
Notes de version
v2 Update for the correct tickScript 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.
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.
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.