OPEN-SOURCE SCRIPT

Catch the Big Fish

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Volume based script to catch a big move. Works best on 5 min timeframe.
The default sma duration for volume is set to 150 = number of candles in 5 mins timeframe for 2 days.
Heavy volume is defined as = more than 9 times of sma.
Both parameters are configurable.
Trading strategy: Long buy at high / Short sell at low of the candle where the script gives the signal.
Important note regarding SL - for Long / Short positions respectively, the SL should be placed at low / high of previous candle, and NOT of the same candle.
Notes de version
Volume based script to catch a big move. Works best on 5 min timeframe.
The default sma duration for volume is set to 150 = number of candles in 5 mins timeframe for 2 days.
Heavy volume is defined as = more than 9 times of sma.
Both parameters are configurable.

Trading strategy: Long buy at high / Short sell at low of the candle where the script gives the signal.
Important note regarding SL - for Long / Short positions respectively, the SL should be placed at low / high of previous candle, and NOT of the same candle.

Update from 24-Jan-2021,
The script now also plots high and low of heavy volume candle which acts as support and / or resistance.
high / low values are plotted for next 7 calendar days (max 5 working days, without holidays) which can be changed to your wish.

Conventions:
navy color indicates support, maroon indicates resistance
thicker indicates stronger support / resistance than the thinner
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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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