OPEN-SOURCE SCRIPT
LowHighFinder
Diupdate
This chart display how value change of (low,high,close,open) is considered as a factor for buying or selling. Each element take same weight when consider the final price. The price change over a certain threshold would be the decision point (buy/sell)
Factors considered in this chart
1.Quotes: High,low,close,open,volume. If one of them higher than previous day, then it increase, otherwise decreases.
2. Multipler: If you think one quote is more important than other (High more important than close, you can set multipler higher)
3. EMA smoother: It is using to balance the price effect. Like if price increased dramatically, EMA would notify whether could be a good time to sell. (Because high deviation between MA and price suggest price increase too fast)
4. Length of line: set length of line for you need
5. Percentage change: how much percentage change is considered a significant change? 5%? or 10%? In which case should it count toward the final indicator? Adjust percentage change needed, smaller for minutes chart (less than 10) higher for hours chart (10-20), even higher for day chart
Buy/Sell method:
1. When green dot appears, wait after price start to get close to moving average to find the low point and buy.
2. Reverse for red dot.
Factors considered in this chart
1.Quotes: High,low,close,open,volume. If one of them higher than previous day, then it increase, otherwise decreases.
2. Multipler: If you think one quote is more important than other (High more important than close, you can set multipler higher)
3. EMA smoother: It is using to balance the price effect. Like if price increased dramatically, EMA would notify whether could be a good time to sell. (Because high deviation between MA and price suggest price increase too fast)
4. Length of line: set length of line for you need
5. Percentage change: how much percentage change is considered a significant change? 5%? or 10%? In which case should it count toward the final indicator? Adjust percentage change needed, smaller for minutes chart (less than 10) higher for hours chart (10-20), even higher for day chart
Buy/Sell method:
1. When green dot appears, wait after price start to get close to moving average to find the low point and buy.
2. Reverse for red dot.
Catatan Rilis
Update: 2022/12/121. Red dot not showing
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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Pernyataan Penyangkalan
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