OPEN-SOURCE SCRIPT
Actualizado

Decision point boxes [LM]

11 271
Hello traders,

I would like to introduce you decision point boxes study. The idea is the same as the pivots looking left and right some count of candles that has to be either up or down candle the only difference from pivots is that I'm only looking for consecutive up or down candle and in between them one candle that is oposite stance than surounding also candle has to have by default 50% or greater of wicks than body which mean market has done some decission at this candle.

Example of up candles and decision down candle:
imagen


Example of down candles a decision up candle:
imagen


Hope you will enjoy it

Notas de prensa
added option to extend boxes only those which are untouched by price action
Notas de prensa
added input setting for box color

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.