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BUY/SELL Timeframe Continuity
Time frame continuity refers to the alignment of price trends across multiple time frames. This means that the price movement is showing a consistent trend (either up or down) on various timeframes, like the 5-minute, 30-minute, hourly, and daily charts.
Why is it important?
Confirms Trend Strength: When multiple timeframes align, it indicates a strong and sustained trend.
Risk Management: Trading in the direction of the aligned trend can reduce risk.
This indicator checks if the current price of a selected timeframe is above or below its opening price. A buy/sell signal appears the second all bullish timeframes align (buy) or all bearish timeframes align. You can choose to paint the candles when the buy/sell conditions happen. You can select up to 10 different timeframes.
NOTE: With this indicator I prefer timeframes 15m, 30m, 1H, 4H, D, 5D, W - Together these timeframes are great for short-term trends on any stock.
Why is it important?
Confirms Trend Strength: When multiple timeframes align, it indicates a strong and sustained trend.
Risk Management: Trading in the direction of the aligned trend can reduce risk.
This indicator checks if the current price of a selected timeframe is above or below its opening price. A buy/sell signal appears the second all bullish timeframes align (buy) or all bearish timeframes align. You can choose to paint the candles when the buy/sell conditions happen. You can select up to 10 different timeframes.
NOTE: With this indicator I prefer timeframes 15m, 30m, 1H, 4H, D, 5D, W - Together these timeframes are great for short-term trends on any stock.
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開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。