PROTECTED SOURCE SCRIPT
Crypto & Forex Intraday Levels
This indicator automatically Plots the Intraday Bullish and Bearish Levels for Major Crypto and Forex Counters. Preferred time frames are 15/30/60 Minutes
Calculation
Compute the Last 5 days O H L C then calculate H-O and H-L, take average of the difference of H-O and H-L then Minimum Value then the average difference is added with the day opening to get the bullish zone and the average is subtracted from the opening price to get the bearish zone
Trade Ideas
Long Trade Example 1
Buy Above the Bullish Zone
Long Trade Example 2
Buy While taking support from Bearish Zone
Short Trade Example 1
Sell Below the Bearish Zone
Short Trade Example 2
Sell While taking rejection from Bullish Zone
Set Automatic Alerts
You can add alerts to this indicator, so that when the price breaches the Bullish zone or the Bearish Zone it will be notified automatically.
Calculation
Compute the Last 5 days O H L C then calculate H-O and H-L, take average of the difference of H-O and H-L then Minimum Value then the average difference is added with the day opening to get the bullish zone and the average is subtracted from the opening price to get the bearish zone
Trade Ideas
Long Trade Example 1
Buy Above the Bullish Zone
Long Trade Example 2
Buy While taking support from Bearish Zone
Short Trade Example 1
Sell Below the Bearish Zone
Short Trade Example 2
Sell While taking rejection from Bullish Zone
Set Automatic Alerts
You can add alerts to this indicator, so that when the price breaches the Bullish zone or the Bearish Zone it will be notified automatically.
Script protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
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.
Script protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
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.