OPEN-SOURCE SCRIPT
Updated [Mad] Level2 Signalfilter Liquidity Protection
Liquidity Protection Filter:
A Triggerhappy Strategy can do multiple longs/shorts
this is a filter, which forces the close to move minumum in one or the other direction to arm the signal again
there are separated settings for longs/short
input = plot with positive zero or negative value
output = normalized value with pultiplicator factor
also there is a reverse setting
yellow line will show a current alive block
A Triggerhappy Strategy can do multiple longs/shorts
this is a filter, which forces the close to move minumum in one or the other direction to arm the signal again
there are separated settings for longs/short
input = plot with positive zero or negative value
output = normalized value with pultiplicator factor
also there is a reverse setting
yellow line will show a current alive block
Release Notes
Naming UpdateRelease Notes
Screenshot explaining itselfRelease Notes
commas for the valuesRelease Notes
float instead intsV4->V5
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.