OPEN-SOURCE SCRIPT
Percents_0,25%
I was watching some videos about price action and saw one covering the behavior of institutions and how it is agressive and defensive in some level of percentage of changing in price.
Curious, I wrote this script and it is realy interinsting how the price is kept or cross some levels.
In this script I chose the 0.25% change as default and 3 EMA of 8, 34 and 144 to help.
The level 0.0 is the ysterday daily closing price, above it the lines show the levels incrising with "pitch" 0.25% in green, bellow it the levels incrising with "pitch" 0.25% in orange.
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Take a look and comment.
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Observation: this script fit better in sessions that have a daily closing price. Indices that close only in weekendas can cause distortions. There is little bug in the last candle, the price 0.0 follow the close price from the current candle. If someone could fix it I thanks.
Curious, I wrote this script and it is realy interinsting how the price is kept or cross some levels.
In this script I chose the 0.25% change as default and 3 EMA of 8, 34 and 144 to help.
The level 0.0 is the ysterday daily closing price, above it the lines show the levels incrising with "pitch" 0.25% in green, bellow it the levels incrising with "pitch" 0.25% in orange.
//----
Take a look and comment.
//---
Observation: this script fit better in sessions that have a daily closing price. Indices that close only in weekendas can cause distortions. There is little bug in the last candle, the price 0.0 follow the close price from the current candle. If someone could fix it I thanks.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.
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