wolffnbear

*SSS 50% Rule Indicator

wolffnbear Updated   
This indicator is based on Sara Strat Sniper's - 50% Rule for trading Outside Bars and helps you visual the method quickly.

This indicator allows you to select: Outside Day/Week/Month Warning Levels with Previous High and Low Levels all available within the indicators settings.
Please note - Daily warning and high/low levels are set to the indicators default. Feel free to change and save as required. Any issues let me know.


** Indicator Setup Requirements **
  • For Indicator to correctly display the 50% price level you need to setup your chart correctly. Right-click your chart background, select Settings, select Scales and Tick “Indicator Last Value Label". Now your 50% Price level will be displayed.
Release Notes:
Update:
  • High and Low Price Labels added to y-axis.
  • Outside 60 Warning with High and Low Levels added

Release Notes:
Custom Functions added as requested by users to produce cleaner charts.
  • H Line added for 50% level
  • Ability to change color for H/L Levels and Labels.
  • Adjust Line Width and Line Style
  • Adjust 50% and High/Low Label Offsets
  • Basic Alert Function added for 50% Level. Add Alert and Select Condition: SSS 50%, followed by your desired Outside Day Warning. Please note alert functions have been tested and work once the current close price crosses the 50% level. Any issues please let me know and I will update when required.
Release Notes:
Settings option changed. For 50% level to work, Right-click chart background, select Settings, Scales, tick “Indicators and financials value”.

Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
Disclaimer

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