OPEN-SOURCE SCRIPT
PA ScratchiCloud
This indicator is a modification of Golgistain's Hi/Lo Pivot indicator. I added a shorter length 2 to get early entries on short positions.
The way it works is you choose a timeframe you would like to trade and then set the indicator length to match the candle price action patterns. Default is M5 chart with 4/2 for the indicators.
Rules: Take the trade when price breaks out the top or bottom of the line.
Exit: Take what you can get and give nothing back.
Good luck - CharlieMax :0)
The way it works is you choose a timeframe you would like to trade and then set the indicator length to match the candle price action patterns. Default is M5 chart with 4/2 for the indicators.
Rules: Take the trade when price breaks out the top or bottom of the line.
Exit: Take what you can get and give nothing back.
Good luck - CharlieMax :0)
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.