OPEN-SOURCE SCRIPT
Equilibrium Tracker
What does this indicator do?
This is a screener that checks if the current HTF High moves above the previous HTF High.
This also applies for the low moving below the previous low.
If the 50% of the previous candle is touched, this wil also show in the table and send alerts.
Features
Usage:
This is a screener that checks if the current HTF High moves above the previous HTF High.
This also applies for the low moving below the previous low.
If the 50% of the previous candle is touched, this wil also show in the table and send alerts.
Features
- Select up to 2 timeframes and 10 instruments.
- A screener table will show all instruments and will light up if an event occurs
- Alerts can also get fired
Usage:
- Select a chart for example 1 minute
- Configure the indicator
- Create a new alert on the indicator using the lower timeframe chart
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.