PROTECTED SOURCE SCRIPT
Apeiron Jail Range

The Apeiron Jail Range is an experimental use of proprietary standard deviation calculations.
It calculates price standard deviations based of previous data & a MA, which it applies and anchors to an automatically (can also be done manually) selected TF open. Finally, the standard deviation bands are plotted and create a "Jail" range with up to 12 levels (6 above and 6 below) that can potentially work as support and resistance during the TF period anchor time.
The indicator is meant to help traders identify potential support and resistance levels which can then be used in confluence with other indicators and strategies. It can also be potentially used for testing automation strategies such as grid trading.
The anchor time and the lenght of the MA used for the calculation can be manually or automatically selected.
The example shown uses the same indicator twice to show all levels from 0.5 - 1 - 1.5 ... 5.5 - 6
It calculates price standard deviations based of previous data & a MA, which it applies and anchors to an automatically (can also be done manually) selected TF open. Finally, the standard deviation bands are plotted and create a "Jail" range with up to 12 levels (6 above and 6 below) that can potentially work as support and resistance during the TF period anchor time.
The indicator is meant to help traders identify potential support and resistance levels which can then be used in confluence with other indicators and strategies. It can also be potentially used for testing automation strategies such as grid trading.
The anchor time and the lenght of the MA used for the calculation can be manually or automatically selected.
The example shown uses the same indicator twice to show all levels from 0.5 - 1 - 1.5 ... 5.5 - 6
Script protegido
Este script se publica como código cerrado. Sin embargo, puede utilizarlo libremente y sin limitaciones: obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Script protegido
Este script se publica como código cerrado. Sin embargo, puede utilizarlo libremente y sin limitaciones: obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.