OPEN-SOURCE SCRIPT

Period Open

3 134
A very simple indicator that displays the Open of the specified Timeframe

How to use this indicator?
1. Directional Bias
  • Bullish => Closing Price > Period Open
  • Bearish => Closing Price < Period Open


2. Support / Resistance
Each Period Open can be used as Support or Resistance

3. Take Profit Targets
Each Period Open can be used as targets for taking profit

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