OPEN-SOURCE SCRIPT
Money Tree
Disclaimer Use at your own risk, this is not financial advice!
Based on:
OCC v5.1 by JustUncleL and the Tradeview built in Chop Zone indicator
Merging both the OCC and chopzone allows to filter out some unprofitable trades during choppy times.
You can filter out the zones using the checkboxes in the settings.
Works well on 15min and 30min candles
Based on:
OCC v5.1 by JustUncleL and the Tradeview built in Chop Zone indicator
Merging both the OCC and chopzone allows to filter out some unprofitable trades during choppy times.
You can filter out the zones using the checkboxes in the settings.
Works well on 15min and 30min candles
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.