Decision point boxes [LM]

Bitcoin Perpetual FuturesFTX

설명

⋅ 2021년 7월 12일 오후 2시 23분

Hello traders,

I would like to introduce you decision point boxes study. The idea is the same as the pivots looking left and right some count of candles that has to be either up or down candle the only difference from pivots is that I'm only looking for consecutive up or down candle and in between them one candle that is oposite stance than surounding also candle has to have by default 50% or greater of wicks than body which mean market has done some decission at this candle.

Example of up candles and decision down candle:

Example of down candles a decision up candle:

Hope you will enjoy it

릴리즈 노트

⋅ 2021년 7월 13일 오후 1시 29분

added option to extend boxes only those which are untouched by price action

릴리즈 노트

⋅ 2021년 7월 25일 오후 7시 25분

added input setting for box color

코멘트

dpming

⋅ 2021년 8월 8일 오후 4시 23분

Thanks for this. Very helpful and still keeps the charts looking clean.

lmatl

⋅ 2021년 8월 8일 오후 4시 40분

@dpming, thank you for a tip, appreciate it

SOOTHING_TRADES

⋅ 2024년 4월 23일 오후 6시 22분

Great work.
Could you make multitime frame ?
So the 4H boxes shows on the 15m chart e.g. ?

cryptopreet

⋅ 2022년 9월 28일 오후 4시 1분

cryptopreet

⋅ 2022년 9월 28일 오후 4시 3분

NorthStarDayTrading

⋅ 2022년 1월 7일 오후 8시 17분

Do you know how you would stop the box from plotting once price has gone through it, but still keep it on the chart? These are manually drawn for demonstration.

lmatl

⋅ 2022년 1월 7일 오후 8시 28분

@NorthStarDayTrading, yep it can be done

Bless999

⋅ 2021년 8월 1일 오전 5시 58분

Amazing, very blessing. Thanks very much, have for amibroker afl ?. Thanks for helpfull