OPEN-SOURCE SCRIPT

Long Bar Highlighter @shrilss

2 503
The Long Bar Highlighter is designed to detect long bars that exhibit significant price expansion beyond recent price levels. It highlights bars that exceed the length of the previous four bars, marking them for their potential importance in market movements. Additionally, the indicator plots directional shapes based on the closing prices, which helps traders visualize potential upward or downward momentum. An optional ATR crossover setting refines these signals, focusing on stronger trends for more optimal trading opportunities.

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.