Universal Time Frame v1.2 — Indicator by DayTradingItalia

universal timeframe 1.2 NEW DAY trading italia intraday unitf explorer structure price action

universal timeframe 1.2 new day trading italia intraday unitf explorer structure price action

FIX: Bar's edges precision

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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Want to use this script on a chart?

//@version=2
study("Universal Time Frame", shorttitle = "uniTF", overlay=true)
higherRes = input("15", type=resolution)
upperBound = input(high, type=source)
lowerBound = input(low, type=source)

offsets = higherRes == "1" ? 1 : higherRes == "3" ? 3 : higherRes == "5" ? 5 : 
     higherRes == "15" ? 15 : higherRes == "30" ? 30 : higherRes == "45" ? 45 : higherRes == "60" ? 60 : na

ubS = security(tickerid, higherRes, upperBound[1])
lbS = security(tickerid, higherRes, lowerBound[1])
of = offsets > interval ? round(offsets/interval) : 0
isEven = security(tickerid, higherRes, n)%2==0 ? 1 : 0

ubE = isEven ? na : ubS
lbE = isEven ? na : lbS
ubO = isEven == false ? na : ubS
lbO = isEven == false ? na : lbS

p1 = plot(isintraday and of ? ubE : na, title="upperBoundEven", color= lime, style=linebr, transp=0, offset= -of)
p2 = plot(isintraday and of ? lbE : na, title="lowerBoundEven", color= lime, style=linebr, transp=0, offset= -of)
p3 = plot(isintraday and of ? ubO : na, title="upperBoundOdd", color= lime, style=linebr, transp=0, offset= -of)
p4 = plot(isintraday and of ? lbO : na, title="lowerBoundOdd", color= lime, style=linebr, transp=0, offset= -of)
fill(p1, p2, color=lime, transp=40)
fill(p3, p4, color=lime, transp=40)