OPEN-SOURCE SCRIPT
BLSH - Shri
The BLSH Price Table indicator (Buy at Low, Sell at High) is designed to help traders identify key price levels for informed decision-making. This indicator calculates:
25-Day Low (LOW25): The lowest price over a user-defined period (default: 25 days).
GTT (Good Till Triggered): A customizable price level, expressed as a percentage above the 25-day low (default: 6.5%).
Target Price: A profit-based price level, calculated as a percentage above the GTT (default: 3.14%).
The BLSH Price Table visually plots these levels and provides a table summarizing them for easy reference.
Use LOW25 to identify strong support zones.
Use GTT as a breakout or re-entry point.
Use Target Price to plan profitable exits.
This indicator is ideal for swing traders seeking to capitalize on low-risk buy opportunities and strategic sell points.
25-Day Low (LOW25): The lowest price over a user-defined period (default: 25 days).
GTT (Good Till Triggered): A customizable price level, expressed as a percentage above the 25-day low (default: 6.5%).
Target Price: A profit-based price level, calculated as a percentage above the GTT (default: 3.14%).
The BLSH Price Table visually plots these levels and provides a table summarizing them for easy reference.
Use LOW25 to identify strong support zones.
Use GTT as a breakout or re-entry point.
Use Target Price to plan profitable exits.
This indicator is ideal for swing traders seeking to capitalize on low-risk buy opportunities and strategic sell points.
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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