oxspray

Mad Move

oxspray Updated   
Mad Move allows to highlight big candles on graph and trigger alerts when a big candle appears.
it allows you to react quickly on your trades if necessary.
Only one parameter:
"Move Size: price variation amount (default: 30)

Time frame is decisive. Logically, the smaller it is, the more the relevance increases

To create an alert, you must activate the script on the graph with the correct desired setting (Time frame + Move Size), then in the alert editor, select Mad Move in the "condition" field.
Release Notes:
Mad Move allows to highlight big candles on graph and trigger alerts when a big candle appears.
it allows you to react quickly on your trades if necessary.
Only one parameter:
"Move Size: price variation amount (default: 20)

Time frame is decisive. Logically, the smaller it is, the more the relevance increases

To create an alert, you must activate the script on the graph with the correct desired setting (Time frame + Move Size), then in the alert editor, select Mad Move in the "condition" field.
Release Notes:
Mad Move allows to highlight big candles on graph and trigger alerts when a big candle appears.
it allows you to react quickly on your trades if necessary.
Only one parameter:
"Move Size: price variation amount (default: 20)

Time frame is decisive. Logically, the smaller it is, the more the relevance increases

To create an alert, you must activate the script on the graph with the correct desired setting (Time frame + Move Size), then in the alert editor, select Mad Move in the "condition" field.
Release Notes:
- Use pine script version 5 vs version 4
- Replaced alertcondition method with the newest one (alert) which accepts dynamic variables
- Added percentage move amount in the alert message
Release Notes:
Added the possibility to choose the price move trigger type: percentage or amount
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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