London Open Range Breakout by Kviateq

2020년 9월 26일

This script is what I currently use to day trade forex on a 5-minute timeframe.

The script features Multi-timeframe EMA20 that uses timeframe multipliers and is smoother by the factor by which you're multiplying your current timeframe.

Default settings are set to display EMA20 on the current (M5) timeframe, as well as M15, H1, H4 and D1 timeframes.

The background color changes intensity based on how many conditions are met - are all EMAs in the right order, is the current close above/below all the EMAs.

Featured is also a range set to 1 hour since the London breakout (can be changed to M15, or however long you'd like - my current setting is 30 minute).

Also featured are levels that I find to be of most importance - such as Daily and Weekly Open, Previous Day's and Week's Highs.

The idea is to only take trades when all stars align - EMAs, break above/below the Opening Range and not to long/short into an important level.

2020년 9월 26일

릴리즈 노트

A minor fix in the code added

2020년 9월 27일

릴리즈 노트

Minor Code updates

2020년 9월 27일

릴리즈 노트

Extended Weekly and Daily Highs and Lows