OPEN-SOURCE SCRIPT
Swing Points & FVG
Classic ITH/ITL
Intermediate Term High - High that has short term high on either of it's side.
Intermediate Term Low - Low that has short term low on either of it's side.
FVG
The indicator also marks Fair Value Gaps which is a very important concept in price action trading. FVGs are formed when there is ineffeciency,or imbalance, in the market.
Rebalanced ITH/ITL
Rebalanced ITH - A short term high that rebalanced the ineffeciency in price can be considered as an Intermediate Term High.
Rebalanced ITL - A short term low that rebalanced the ineffeciency in price can be considered as an Intermediate Term Low.
Use the ITH and ITL points marked by the indicator to determine the structure of the market.
Indicator repaints only when it tries to identify the latest ITH/ITL.
Intermediate Term High - High that has short term high on either of it's side.
Intermediate Term Low - Low that has short term low on either of it's side.
FVG
The indicator also marks Fair Value Gaps which is a very important concept in price action trading. FVGs are formed when there is ineffeciency,or imbalance, in the market.
Rebalanced ITH/ITL
Rebalanced ITH - A short term high that rebalanced the ineffeciency in price can be considered as an Intermediate Term High.
Rebalanced ITL - A short term low that rebalanced the ineffeciency in price can be considered as an Intermediate Term Low.
Use the ITH and ITL points marked by the indicator to determine the structure of the market.
Indicator repaints only when it tries to identify the latest ITH/ITL.
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.
¿Quiere utilizar este script en un gráfico?
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.