OPEN-SOURCE SCRIPT
Bar's Body Extreme with Alert
Bar's Body Extreme with Alert measure volatility of bar's body and caculate extreme level in specified periods or custom level with alert. Detail options below:
1. Default Extreme Level
* Default level is the +/- highest volatility of bar's body in 100 periods
* Periods of bar to calculate default extreme adjustable
2. Custom Extreme
* Default Extreme Top auto disable if Custom Extreme Top >0
* Default Extreme Bottom auto disable if Custom Extreme Bottom <0
3. Alert
* Extreme alert: body's volatility > Extreme top level or body's volatility < Extreme bottom level
* Extreme Top Alert: body's volatility > Extreme top level
* Extreme Bottom Alert: body's volatility < Extreme bottom level
1. Default Extreme Level
* Default level is the +/- highest volatility of bar's body in 100 periods
* Periods of bar to calculate default extreme adjustable
2. Custom Extreme
* Default Extreme Top auto disable if Custom Extreme Top >0
* Default Extreme Bottom auto disable if Custom Extreme Bottom <0
3. Alert
* Extreme alert: body's volatility > Extreme top level or body's volatility < Extreme bottom level
* Extreme Top Alert: body's volatility > Extreme top level
* Extreme Bottom Alert: body's volatility < Extreme bottom level
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.