INVITE-ONLY SCRIPT
optioncalls HTF RSI ATR
Description:
The provided Indicator appears to be quite intricate and combines various technical indicators to generate insights about market movement. It involves calculating indicators like RSI, Supertrend, and performing swing high/low analysis. It's important to note that understanding and implementing such a complex script might require familiarity with Pine Script and trading concepts. Let's break down some key points:
Timeframe and Security Function: The indicator allows users to input a timeframe and uses a non-repainting security function to retrieve high and low prices from that timeframe.
Plotting Data: The code plot the high and low prices from the higher timeframe (HTF) on the chart, along with some additional visual elements.
Breakout Alerts: The script generate alerts when the current close price surpasses the high or low prices from the higher timeframe.
RSI and Supertrend: The script calculates the RSI indicator and also implements the Supertrend indicator, which is used to detect potential trend changes.
Swing High/Low Analysis: The script appears to perform analysis on swing highs and lows, using pivot highs and lows to generate labels and lines on the chart.
Alerts: The script creates alerts based on certain conditions, likely related to swing high/low points or other criteria.
Lookback Analysis: The script includes an additional section for performing lookback analysis to count the number of bars that had higher or lower highs compared to the current bar.
Labels : Buy Label Indicates Lower Index Graph and Sale Label Indicates Higher Index Graph It Moves As Per Market Movement.
Overall, this script is a combination of various technical analysis techniques to provide insights about market movement, overbought/oversold conditions, and potential trend changes. If you plan to use this script, it's recommended to backtest it thoroughly, understand each indicator's behavior, and consider its relevance to your trading strategy. Additionally, ensure that you fully comprehend the implications of the various alert conditions and label calculations to make informed trading decisions.
Disclaimer :-
No Any Indicator Or Bot is 100 % Correct Please Test Indicator Before You Take Trade , Indicator Test Done On Historical Calculation. This Indicator Doesn't Guarantee Profitable Trades ,Trading Is An Technique And Indicator Just Provide Visual Technical Analysis Help ,Profit & Loss Responsibilities 100 % Depends on Users
The provided Indicator appears to be quite intricate and combines various technical indicators to generate insights about market movement. It involves calculating indicators like RSI, Supertrend, and performing swing high/low analysis. It's important to note that understanding and implementing such a complex script might require familiarity with Pine Script and trading concepts. Let's break down some key points:
Timeframe and Security Function: The indicator allows users to input a timeframe and uses a non-repainting security function to retrieve high and low prices from that timeframe.
Plotting Data: The code plot the high and low prices from the higher timeframe (HTF) on the chart, along with some additional visual elements.
Breakout Alerts: The script generate alerts when the current close price surpasses the high or low prices from the higher timeframe.
RSI and Supertrend: The script calculates the RSI indicator and also implements the Supertrend indicator, which is used to detect potential trend changes.
Swing High/Low Analysis: The script appears to perform analysis on swing highs and lows, using pivot highs and lows to generate labels and lines on the chart.
Alerts: The script creates alerts based on certain conditions, likely related to swing high/low points or other criteria.
Lookback Analysis: The script includes an additional section for performing lookback analysis to count the number of bars that had higher or lower highs compared to the current bar.
Labels : Buy Label Indicates Lower Index Graph and Sale Label Indicates Higher Index Graph It Moves As Per Market Movement.
Overall, this script is a combination of various technical analysis techniques to provide insights about market movement, overbought/oversold conditions, and potential trend changes. If you plan to use this script, it's recommended to backtest it thoroughly, understand each indicator's behavior, and consider its relevance to your trading strategy. Additionally, ensure that you fully comprehend the implications of the various alert conditions and label calculations to make informed trading decisions.
Disclaimer :-
No Any Indicator Or Bot is 100 % Correct Please Test Indicator Before You Take Trade , Indicator Test Done On Historical Calculation. This Indicator Doesn't Guarantee Profitable Trades ,Trading Is An Technique And Indicator Just Provide Visual Technical Analysis Help ,Profit & Loss Responsibilities 100 % Depends on Users
僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情，請依照以下作者的說明操作，或直接聯絡Optioncalls。
請注意，此私人、僅限邀請的腳本尚未經過腳本管理員審核，其是否符合社群規範尚無定論。 除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
To Activate Indicator User Need To Contact Optioncalls
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情，請依照以下作者的說明操作，或直接聯絡Optioncalls。
請注意，此私人、僅限邀請的腳本尚未經過腳本管理員審核，其是否符合社群規範尚無定論。 除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
To Activate Indicator User Need To Contact Optioncalls
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。