OPEN-SOURCE SCRIPT

Remove Hodler [5ema]

Updated
How it inputs:
  • Select the timframe to check.
  • Input the number of bars lookback (or the number of bars corresponding to the selected timeframe)
  • Input the percentage of change of the price during that time.
  • Input the number of shotting bars.
  • Input the symbols want to follow.


How it works:
  • Calculate the number of shotting bars on the number bars lookback.
  • Calculate rate of change (with high, low price).


snapshot

How it uses:
  • If the returned result is less than the input values (number shooting bars, the price change percentage). A buy signal will be given.
  • The same calculation applies to the symbols in the input list to monitor and return the results to the table on the chart and send notifications.


I reused some functions, made by (i believe that):
  • *@everget: The table position function.*©paaax: The RSI divergence function.*@QuantNomad: The function calculated value and array to show on table for input symbols.

I have commented in my code. Thanks so much!

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This indicator is for reference only, you need your own method and strategy.
If you have any questions, please let me know in the comments.
Release Notes
I update this url of trader i refer code.
  • *©paaax: The table position function.*@everget: The RSI divergence function.*@QuantNomad: The function calculated value and array to show on table for input symbols.

Thanks so much!
Release Notes
Update the reused code:
Reused some functions from (i believe made by):

Thanks!
Release Notes
Change signal shape.
Candlestick Analysis

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 publication is governed by House rules. You can favorite it to use it on a chart.

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