PROTECTED SOURCE SCRIPT
Actualizado ERC fibo entry - Test
Hello traders.
I introduce you to the indicator that identifies entries based on the cumulative breakout.
This simple indicator will calculate the candlesticks to see if the current candle is a large candle or not?
If it is a large candle, it will continue to confirm whether the opening price of that large candle is in the previous cluster of three candles, if so, draw a box to tick those three candles.
When the conditions are met, it will start drawing 2 fibo levels of 0.618 and 0.786, which will be 2 entry levels 1 and entry 2.
The indicator has also added the EMA SMA as a filter.
The indicator has also added alerts for your convenience.
I introduce you to the indicator that identifies entries based on the cumulative breakout.
This simple indicator will calculate the candlesticks to see if the current candle is a large candle or not?
If it is a large candle, it will continue to confirm whether the opening price of that large candle is in the previous cluster of three candles, if so, draw a box to tick those three candles.
When the conditions are met, it will start drawing 2 fibo levels of 0.618 and 0.786, which will be 2 entry levels 1 and entry 2.
The indicator has also added the EMA SMA as a filter.
The indicator has also added alerts for your convenience.
Notas de prensa
Update:-Change ERC candle wick length option, minimum 5%
-Option to use EMA/SMA as confirmation filter
-Show 3 target levels
-With ERC up, target 1 is calculated from entry 2 to ERC high.
-TP2 = tp1 x2
-Tp3 = tp1 x3
-Add 3 target levels to alert
--Goodluck
Notas de prensa
Change the logic of filtering sideway zones, avoid the case of 3 consecutive decreasing or increasing candlesNotas de prensa
Edit alertNotas de prensa
Change profit target calculation logicOption to change stop loss
Option to change entry
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script protegido
Este script se publica como código cerrado. No obstante, puede utilizarlo libremente y sin ninguna limitación. Obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.