OPEN-SOURCE SCRIPT
Joesax Red to Green with Alert V2 Candle Indicator
This indicator displays transitions of candles from red to green and from green to red on a chart, with the ability to set an adjustable percentage threshold. When a candle transitions from red to green and the percentage change exceeds the specified threshold, a red to green transition signal is issued. Similarly, when a candle transitions from green to red and the percentage change exceeds the specified threshold, a green to red transition signal is issued.
Parameters:
Percentage threshold %: Allows you to set the percentage threshold to determine when to consider the transition from one candle to another significant.
Description:
This indicator uses the absolute percentage change between the opening price and the closing price of a candle to determine whether the candle is red or green. When a candle transitions from red to green and the percentage change exceeds the set threshold, a red to green transition signal is issued. Similarly, when a candle transitions from green to red and the percentage change exceeds the set threshold, a green to red transition signal is issued. Alerts are triggered when such transitions occur.
This indicator helps traders identify significant directional changes on the chart, enabling them to make informed decisions during financial market analysis.
Parameters:
Percentage threshold %: Allows you to set the percentage threshold to determine when to consider the transition from one candle to another significant.
Description:
This indicator uses the absolute percentage change between the opening price and the closing price of a candle to determine whether the candle is red or green. When a candle transitions from red to green and the percentage change exceeds the set threshold, a red to green transition signal is issued. Similarly, when a candle transitions from green to red and the percentage change exceeds the set threshold, a green to red transition signal is issued. Alerts are triggered when such transitions occur.
This indicator helps traders identify significant directional changes on the chart, enabling them to make informed decisions during financial market analysis.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.