OPEN-SOURCE SCRIPT
Updated Big Bar Detector
Yellow = Big Bar! (Trading is allowed)
Purple = Nothing special going on (No trading allowed)
BBD is meant to weed out all the little meaningless bars/candles that interfere with your trading.
BBD is not directionally biased, it only measures volatility.
Purple = Nothing special going on (No trading allowed)
BBD is meant to weed out all the little meaningless bars/candles that interfere with your trading.
BBD is not directionally biased, it only measures volatility.
Release Notes
>>>Improved graphics.
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.