My new free indicator "Locomotive v1.0" ("Loco", "Parovozik").
For 1D, 1W, 1MN, any crypto-pair. Long only!
Pattern:
Red bar = close < open
Lime bar = open < close
bar №1 = any red bar
bar №2 = any red bar
bar №3 = any red bar
bar №4 = any lime bar
Very simple :) But it works!
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.
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