OPEN-SOURCE SCRIPT
Updated Papercuts Trade Pressure
Very small yet effective way to measure which side of a trade has actionable pressure.
Good for scalping on 5m or under. This is also a good confirmation tool for other indicators.
Good for scalping on 5m or under. This is also a good confirmation tool for other indicators.
Release Notes
added score and volume supportRelease Notes
//added a more dynamic support line for volume and longer length calculationRelease Notes
// Added options to disable support linesRelease Notes
// fixed label bugRelease Notes
//fixed naming issueRelease Notes
Added overall trend blockingOpen-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.
-joel
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.
-joel
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.