Devil Marks - Multi Timeframe

9 oct

A handy completely new script that shows Devil Marks for several time frames on the current time frame.

Devil Marks are where candles have no wick at one end of the candlestick. These levels are seen as areas that price needs to go back to at some point to re-balance the imbalance. These levels can add confluence to a trade idea.

A table is included that shows the closest devil mark for each time frame.

Devil Marks should show until that level is mitigated by price trading at that level.

10 oct

Notas de prensa

A slight code change to improve Devil Mark removal on lower time frames when mitigated

There can still be the odd incidence where next candle ticks above a new Devil Mark but it will keep showing on the lower time frame. Where price looks like it may have already been mitigated by a tick wick its best to check the actual time frame chart to see if the Devil Mark is still valid as the code correctly removes mitigated marks.

14 oct

Notas de prensa

Code changed to improve higher time frame Devil Mark removal once mitigated on current chart. I think this has solved this issue once and for all.

23 oct

Notas de prensa

Updated to include 1 minute Devil Marks

hace 7 días

Notas de prensa

increased mitigation tolerance allowance to 0.00001 for forex pairs so that mitigated devils marks are removed correctly from a forex chart