OPEN-SOURCE SCRIPT
VXN filtered CHOCH Pattern Levels
This indicator is based on other open source scripts. It identifies Change of Character (CHOCH) patterns on Nasdaq futures (NQ and MNQ) charts, using pivot points to detect potential trend reversals.
Signals (horizontal levels) are filtered by VXN background color: bullish levels only on green background, bearish on red.
If a CHOCH occurs on the wrong background, it is remembered (pending), and triggered when the background aligns. The last CHOCH signal is remembered to avoid wasting it.
It plots horizontal levels anchored to the extreme points of CHOCH patterns (lowest low for bullish, highest high for bearish), using the labeling and line-drawing style from the VXN Anchored VWAP indicator.
Lines are drawn as polylines (horizontal) with labels at the anchor point and current bar showing the level value.
The VXN index provides background color for market sentiment (green for bullish, red for bearish).
Historical levels are plotted semi-transparently when a new filtered signal is confirmed (on detection if aligned or on trigger).
Enjoy this indicator? Consider a donation to support development! buymeacoffee.com/louisgph
Signals (horizontal levels) are filtered by VXN background color: bullish levels only on green background, bearish on red.
If a CHOCH occurs on the wrong background, it is remembered (pending), and triggered when the background aligns. The last CHOCH signal is remembered to avoid wasting it.
It plots horizontal levels anchored to the extreme points of CHOCH patterns (lowest low for bullish, highest high for bearish), using the labeling and line-drawing style from the VXN Anchored VWAP indicator.
Lines are drawn as polylines (horizontal) with labels at the anchor point and current bar showing the level value.
The VXN index provides background color for market sentiment (green for bullish, red for bearish).
Historical levels are plotted semi-transparently when a new filtered signal is confirmed (on detection if aligned or on trigger).
Enjoy this indicator? Consider a donation to support development! buymeacoffee.com/louisgph
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開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
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。