OPEN-SOURCE SCRIPT
Smart money concept
Diupdate
The indicator tracks the smallest movements of price action. It can monitor and analyze market context, attempting to identify trends within each time frame.
If a candle has its entire body above the previous swing high, it indicates a strong upward momentum. The market is leaning towards an upward direction. If the candle remains within the range of the previous swing high, it signifies weak upward momentum. The market is reluctant to move higher.
If a candle has its entire body below the previous swing low, it reflects a strong downward momentum. The market is leaning towards a downward direction. If the candle remains within the range of the previous swing low, it indicates weak downward momentum. The market is reluctant to move lower.
If a candle has its entire body above the previous swing high, it indicates a strong upward momentum. The market is leaning towards an upward direction. If the candle remains within the range of the previous swing high, it signifies weak upward momentum. The market is reluctant to move higher.
If a candle has its entire body below the previous swing low, it reflects a strong downward momentum. The market is leaning towards a downward direction. If the candle remains within the range of the previous swing low, it indicates weak downward momentum. The market is reluctant to move lower.
Catatan Rilis
UpdateCatatan Rilis
Update settingCatatan Rilis
Introduce the "sweep" signal into the wave structure. In a downtrend, after the price has risen and a candle closes with a higher body than the previous one, forming a temporary bottom, and then the price continues to decrease but only the candle's wick breaks below the low, followed by an increase in price and candles with bodies breaking above the high of the downtrend, this creates a bottom sweep. In an uptrend, the opposite applies.Catatan Rilis
Bug fixesCatatan Rilis
Add the "imbalance zone," which is depicted as a blue box.Catatan Rilis
Fixed bugs and added color options for ImbalanceCatatan Rilis
Add notification function when the candle closes price forms a High, Low or when the candle's wick crosses the High or LowCatatan Rilis
Add a red line to indicate it is a CHOCH signal and notify the CHOCH signalCatatan Rilis
Add the Orders block shown by the green boxCatatan Rilis
Updated top and bottom creation rulesCatatan Rilis
Fixed code error in determining bos pointsCatatan Rilis
Fixed error in determining top and bottom creation positionsCatatan Rilis
Fix error in determining top and bottomCatatan Rilis
Update CHoCH points (Change of Character)Catatan Rilis
Fix the error of getting CHOCH position when there is a sweepCatatan Rilis
Fix bugCatatan Rilis
Update BOS position when candle wick breaks throughCatatan Rilis
Fixed breakout position when there is sweep and BOS signalCatatan Rilis
Update wave structure.ignore inside candles when confirming tops and bottoms
Catatan Rilis
Update structureCatatan Rilis
fix Update wave structureCatatan Rilis
update wave structureCatatan Rilis
Update wave structureCatatan Rilis
fix structure definition errorCatatan Rilis
Fix bugCatatan Rilis
Fix bugCatatan Rilis
Hide test labelCatatan Rilis
Updated colors for inside candles and outside barsSkrip open-source
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