PROTECTED SOURCE SCRIPT
Spike Base VP
Volume Profile Spike Base:
Key Features:
Identifies M Period: Detects the 3:30-4:00 PM ET 30-minute candle (highlighted with light blue background)
Tracks Pre-M Extremes: Monitors the highest high and lowest low before the M period begins
Validates Extensions: Only marks spike bases when the M period extends at least 1 point (configurable) beyond the pre-M extreme
Visual Markers:
Green line = Bullish spike base (low extension) - the highest low before M period
Red line = Bearish spike base (high extension) - the lowest high before M period
Lines extend to the right for easy reference
Triangle markers show when valid spike bases form
Usage Notes:
Use on a 30-minute chart for /ES
Ensure your chart time zone is set to America/New York (or adjust the time zone)
The minimum extension is set to 1.0 points but you can adjust it in the indicator settings
Works best when the M period creates a true spike beyond recent price action
The indicator will draw horizontal lines at your spike base levels that persist on the chart, making them easy to reference for potential support/resistance during your day trading. (default is 5 days, adjustable from 1-30 days)
Key Features:
Identifies M Period: Detects the 3:30-4:00 PM ET 30-minute candle (highlighted with light blue background)
Tracks Pre-M Extremes: Monitors the highest high and lowest low before the M period begins
Validates Extensions: Only marks spike bases when the M period extends at least 1 point (configurable) beyond the pre-M extreme
Visual Markers:
Green line = Bullish spike base (low extension) - the highest low before M period
Red line = Bearish spike base (high extension) - the lowest high before M period
Lines extend to the right for easy reference
Triangle markers show when valid spike bases form
Usage Notes:
Use on a 30-minute chart for /ES
Ensure your chart time zone is set to America/New York (or adjust the time zone)
The minimum extension is set to 1.0 points but you can adjust it in the indicator settings
Works best when the M period creates a true spike beyond recent price action
The indicator will draw horizontal lines at your spike base levels that persist on the chart, making them easy to reference for potential support/resistance during your day trading. (default is 5 days, adjustable from 1-30 days)
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, Anda dapat menggunakannya dengan bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, Anda dapat menggunakannya dengan bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.