Congestion Zone

2022년 5월 15일

Congestion zone include at least 3 candle sticks that the next candle has an opening and closing price within the previous candle
When the price returns to the congested zone there is a possibility of a reversal
The congestion zone is used as a support-resistance area and is used by price action traders.
This script will highlight congestion zones, this will help PA Traders find out them easily.

2022년 6월 5일

릴리즈 노트

Support highlight congestion zone with multiple candles

2024년 4월 10일

릴리즈 노트

add border color and increase width of box next 2 candles

2024년 10월 7일

릴리즈 노트

- Convert source code to version 5
- Send alert once have a new congestion zone

2024년 11월 2일

릴리즈 노트

Fix bug and change alert message