OPEN-SOURCE SCRIPT
HighLowPricePercentage of ProfitTrailer Feeder offset criteria
This is to check the distance/difference of the current price from the norm and is over the MinutesToMeasureTrend time window or LongTermMinutesToMeasureTrend.
You need to put the values in your appsetting and time interval of candle chart.
Default is 120 minute of MinutesToMeasureTrend value and 720 minute of LongTermMinutesToMeasureTrend value on 5 minute candle chart.
This script is to help myself understand the criteria of Feeder.
Any comments and suggestions are welcome.
You need to put the values in your appsetting and time interval of candle chart.
Default is 120 minute of MinutesToMeasureTrend value and 720 minute of LongTermMinutesToMeasureTrend value on 5 minute candle chart.
This script is to help myself understand the criteria of Feeder.
Any comments and suggestions are welcome.
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 publication is governed by House rules. You can favorite it to use it on a chart.
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