EXPERIMENTAL:
Adaptation from stop hunt levels:
Uses timeframe and atr to set ranges.
Adaptation from stop hunt levels:
Uses timeframe and atr to set ranges.
study(title='[RS]MTF CATR Stop Hunt Levels V0', overlay=true) tf = input(title='Timeframe:', defval='D', type=string) src = input(title='Source', type=source, defval=close) multiplier = input(title='Range Multiplier:', type=float, defval=1, step=0.01) catr(_m) => (cum(tr)/(n+1))*_m d_open = security(tickerid, tf, round(src/catr(1))*catr(1)) d_high = security(tickerid, tf, round(1+src/catr(1))*catr(1)) d_low = security(tickerid, tf, round(src/catr(1)-1)*catr(1)) d_open_buy = d_open+catr(multiplier) d_open_sel = d_open-catr(multiplier) d_high_buy = d_high+catr(multiplier) d_high_sel = d_high-catr(multiplier) d_low_buy = d_low+catr(multiplier) d_low_sel = d_low-catr(multiplier) dob = plot(title='mh', series=d_open_buy, style=circles, color=lime) dos = plot(title='ml', series=d_open_sel, style=circles, color=red) dhb = plot(title='hh', series=d_high_buy, style=circles, color=lime) dhs = plot(title='hl', series=d_high_sel, style=circles, color=red) dlb = plot(title='lh', series=d_low_buy, style=circles, color=lime) dls = plot(title='ll', series=d_low_sel, style=circles, color=red) fill(title='mf', plot1=dob, plot2=dos, color=blue, transp=75) fill(title='hf', plot1=dhb, plot2=dhs, color=blue, transp=75) fill(title='lf', plot1=dlb, plot2=dls, color=blue, transp=75) plot(title='m', series=d_open, style=circles, color=black) plot(title='h', series=d_high, style=circles, color=black) plot(title='l', series=d_low, style=circles, color=black)