Still in test mode **UPDATE to include colour background BUY / SELL SIGNAL *** -
Double channel with double conformation of pivot / trend reversal I have a similar concept to this running on MT4 which works quite well together. Both channels can be customised by changing minutes, D , W , M I haven't been able to test this out so feel free to do so yourself
Plz not that Im not a coder, But Im learning :) The base of this code came from RicardoSantos fib monthly ranges which I stripped out & modified and incorporated zigzag
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.
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.