OPEN-SOURCE SCRIPT
Roof and Floors From Actieve Inversiones
Imagine a Funny and visual way to understand Highest Highs and Lowest Lows. That's the way this indicator was conceived.
The way it Works:
The indicator plots lines in highest highs or lowest lows from a period of "Bars", you only have to set the number of Bars you wanna use and the indicator Makes all the stuff.
This is a Long term Indicator, so it can Show useful Floors or Roofs from higher Timeframes:
Cristal = Five Min Bars
Paper = thirty Min Bars
Plastic = 1 Hour Bars
Wood = 4 hours Bars
Metal = Daily Bars
But wait... There is something better than that...
If The Floor or Roof Brokes, the indicator will plot a dashed line and a label ¨Broken Roof or Floor¨ u can use it to set a Limit Order or Stop Order, and wait for the pullback.
Do you want some useful Advice ? Check the junctions from Floor or Roofs that are overlayed in some level.
Have Fun and good trading!!!
The way it Works:
The indicator plots lines in highest highs or lowest lows from a period of "Bars", you only have to set the number of Bars you wanna use and the indicator Makes all the stuff.
This is a Long term Indicator, so it can Show useful Floors or Roofs from higher Timeframes:
Cristal = Five Min Bars
Paper = thirty Min Bars
Plastic = 1 Hour Bars
Wood = 4 hours Bars
Metal = Daily Bars
But wait... There is something better than that...
If The Floor or Roof Brokes, the indicator will plot a dashed line and a label ¨Broken Roof or Floor¨ u can use it to set a Limit Order or Stop Order, and wait for the pullback.
Do you want some useful Advice ? Check the junctions from Floor or Roofs that are overlayed in some level.
Have Fun and good trading!!!
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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