OPEN-SOURCE SCRIPT

Fresh Zones

The indicator is named "Fresh Zones"

Bullish Fresh Zone:
- This part looks for a specific pattern in the price movement that indicates a potential bullish (upward) trend.
- It checks if the current bar's low price is higher than the previous bar's opening price.
- It also checks if the previous bar's closing price was higher than its opening price.
- Additionally, it checks if the bar before the previous one had a closing price lower than its opening price.
- If all these conditions are met, it identifies a bullish fresh zone.

Bearish Fresh Zone:
- This part looks for a specific pattern in the price movement that indicates a potential bearish (downward) trend.
- It checks if the current bar's high price is lower than the previous bar's opening price.
- It also checks if the previous bar's closing price was lower than its opening price.
- Additionally, it checks if the bar before the previous one had a closing price higher than its opening price.
- If all these conditions are met, it identifies a bearish fresh zone.

Color Coding:
- When a bullish fresh zone is identified, it colors the candlestick from two bars ago with a specific yellowish color (`color.rgb(240, 243, 33)`).
- When a bearish fresh zone is identified, it colors the candlestick from two bars ago with a specific pink color (`color.rgb(255, 0, 191)`).

Alert:
- The script creates an alert condition.
- If either a bullish or bearish fresh zone pattern appears, it triggers an alert with the message "A Fresh zone has appeared!".
Candlestick analysisChart patterns

Skrip open-source

Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menerbitkannya sebagai sumber terbuka, sehingga para trader dapat memahami dan memverifikasinya. Hormat untuk penulisnya! Anda dapat menggunakannya secara gratis, namun penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk digunakan pada chart

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