OPEN-SOURCE SCRIPT
P-Signal v2.2

P-Signal v.2.2 is an open PINE script version of previously published P-Signal v.2.0. This version allows to observe the signal image for a multi frame - a specific set of periods. In this version it is {T, 2T, 4T, 8T, 16T}, where T equals the “working” time i.e. period for which a chart is observed.
Moreover p-Signal v2.2 allows to catch "winning" combinations with help of alerts. When alert is active, you'll receive a notification if combination exists after bar was closed. There are two combinations in this version: “High” and “Straight”. The “Straight” combination is less frequent, but stronger than "High" .
It is Important ! For correct operation T should not exceed the values of hourly time frames! Otherwise use P-Signal v1.2 !
Moreover p-Signal v2.2 allows to catch "winning" combinations with help of alerts. When alert is active, you'll receive a notification if combination exists after bar was closed. There are two combinations in this version: “High” and “Straight”. The “Straight” combination is less frequent, but stronger than "High" .
It is Important ! For correct operation T should not exceed the values of hourly time frames! Otherwise use P-Signal v1.2 !
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.