OPEN-SOURCE SCRIPT
Noro's PriceChannel for D1 v1.0
For:
- Crypto/Fiat
- Crypto/Crypto
- D1 timeframe
Strategy
The blue line is the central line of the indicator the price channel.
If low of a candle is higher than the line - it is uptrend
If high of a candle is lower than the line - it is downtrend
Color-filter
Long-position opens only if a candle of red color
Short-position opens only if a candle of green color
Body-filter
The position opens only if a candle body more than an average body of a candle / 5
- Crypto/Fiat
- Crypto/Crypto
- D1 timeframe
Strategy
The blue line is the central line of the indicator the price channel.
If low of a candle is higher than the line - it is uptrend
If high of a candle is lower than the line - it is downtrend
Color-filter
Long-position opens only if a candle of red color
Short-position opens only if a candle of green color
Body-filter
The position opens only if a candle body more than an average body of a candle / 5
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