OPEN-SOURCE SCRIPT
已更新 Smart money concept
The indicator tracks the smallest movements of price action. It can monitor and analyze market context, attempting to identify trends within each time frame.
If a candle has its entire body above the previous swing high, it indicates a strong upward momentum. The market is leaning towards an upward direction. If the candle remains within the range of the previous swing high, it signifies weak upward momentum. The market is reluctant to move higher.
If a candle has its entire body below the previous swing low, it reflects a strong downward momentum. The market is leaning towards a downward direction. If the candle remains within the range of the previous swing low, it indicates weak downward momentum. The market is reluctant to move lower.
If a candle has its entire body above the previous swing high, it indicates a strong upward momentum. The market is leaning towards an upward direction. If the candle remains within the range of the previous swing high, it signifies weak upward momentum. The market is reluctant to move higher.
If a candle has its entire body below the previous swing low, it reflects a strong downward momentum. The market is leaning towards a downward direction. If the candle remains within the range of the previous swing low, it indicates weak downward momentum. The market is reluctant to move lower.
發行說明
Update發行說明
Update setting發行說明
Introduce the "sweep" signal into the wave structure. In a downtrend, after the price has risen and a candle closes with a higher body than the previous one, forming a temporary bottom, and then the price continues to decrease but only the candle's wick breaks below the low, followed by an increase in price and candles with bodies breaking above the high of the downtrend, this creates a bottom sweep. In an uptrend, the opposite applies.發行說明
Bug fixes發行說明
Add the "imbalance zone," which is depicted as a blue box.發行說明
Fixed bugs and added color options for Imbalance發行說明
Add notification function when the candle closes price forms a High, Low or when the candle's wick crosses the High or Low發行說明
Add a red line to indicate it is a CHOCH signal and notify the CHOCH signal發行說明
Add the Orders block shown by the green box發行說明
Updated top and bottom creation rules發行說明
Fixed code error in determining bos points發行說明
Fixed error in determining top and bottom creation positions發行說明
Fix error in determining top and bottom發行說明
Update CHoCH points (Change of Character)發行說明
Fix the error of getting CHOCH position when there is a sweep發行說明
Fix bug發行說明
Update BOS position when candle wick breaks through發行說明
Fixed breakout position when there is sweep and BOS signal發行說明
Update wave structure.ignore inside candles when confirming tops and bottoms
發行說明
Update structure發行說明
fix Update wave structure發行說明
update wave structure發行說明
Update wave structure發行說明
fix structure definition error發行說明
Fix bug發行說明
Fix bug發行說明
Hide test label發行說明
Updated colors for inside candles and outside bars開源腳本
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.
免責聲明
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.
開源腳本
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.
免責聲明
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.