OPEN-SOURCE SCRIPT
Bollinger Bands Touch Map

This simple script based on Bollinger Bands to collect Touch Point at bandsand display them on the map. Detail of rule as below:
1.Define Touch Point
1.1.Touch Point at Lower Band
+ Key bar:
- Open Price lower than BB lower band, Close Price higher than BB lower band
+ Touch Point:
- Median Price (HL2) of Key bar
1.2.Touch Point at Upper Band
+ Key bar:
- Open Price higher than BB upper band, Close Price lower than BB upper band
+ Touch Point:
- Median Price (HL2) of Key bar
1.3.Zero Point
- Close Price of Current bar
===================================
2.Touch Map
+ Last 5 Touch Point will be show on the map
+ Newest Touch point is numbered as (1) and show at the left of Zero Point
+ Each Point has a label show point's value
===================================
3.Fibonacci
+ Enable: Apply to number of Touch Points indicated
+ Style Up: 0 Level at the bottom
+ Style Down: 0 Level at the top
===================================
4.123 Pattern
+ Pattern: dot 2 and dot 3 at the Top and the Bottom of group 1234
+ M Pattern: dot 3 at the Top of group 135 and at the Bottom of group 234
+ W Pattern: dot 3 at the Bottom of group 135 and at the Top of group 234
===================================
5.Supply Demand Zone
5.1.Supply Zone
+ Supply Zone is area map structure change from upward to downward
+ Supply Zone is limited by 2 dots highest before upward structure broken
5.2.Demand Zone
+ Demand Zone is area map structure change from downward to upward
+ Demand Zone is limited by 2 dots lowest before downward structure broken
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6.6.Over Block
6.1.Overbought Block
+ Overbought Block is location Long position covering
+ Ovb Block is limited by higest high and upper band at top of map
6.2.Oversold Block
+ Oversold Block is location Short position covering
+ Ovs Block is limited by lowest low and lower band at bottom of map
===================================
7.RSI Column
+ RSI Overbought is marked by Overbought color
+ RSI Oversold is marked by Oversold color
+ RSI Normal is marked by Normal color
+ Symbol ▲: RSI growing
+ Symbol ▼: RSI falling
===================================
8.Volume Direction
+ Volume growing is marked by Up Color
+ Volume falling is marked by Down Color
+ New Highest Volume on the map is marked by High Color and H Label
+ New Lowest Volume on the map is marked by Low Color and L Label
+ Volume higher than Median level is marked by Up Color and M Label
===================================
9.Useful features
+ Quickly find chart patter: 123, M, W...
+ Quickly find wave patter: I, V, N...
+ Quickly find Key level when moving between different Time Frame
+ Quickly recognize chart is trending or trendless
+ Quickly recognize divergence of Price and Volume
+ Quickly calculate Entry, Stoploss, Takeprofit by using Fibonacci
1.Define Touch Point
1.1.Touch Point at Lower Band
+ Key bar:
- Open Price lower than BB lower band, Close Price higher than BB lower band
+ Touch Point:
- Median Price (HL2) of Key bar
1.2.Touch Point at Upper Band
+ Key bar:
- Open Price higher than BB upper band, Close Price lower than BB upper band
+ Touch Point:
- Median Price (HL2) of Key bar
1.3.Zero Point
- Close Price of Current bar
===================================
2.Touch Map
+ Last 5 Touch Point will be show on the map
+ Newest Touch point is numbered as (1) and show at the left of Zero Point
+ Each Point has a label show point's value
===================================
3.Fibonacci
+ Enable: Apply to number of Touch Points indicated
+ Style Up: 0 Level at the bottom
+ Style Down: 0 Level at the top
===================================
4.123 Pattern
+ Pattern: dot 2 and dot 3 at the Top and the Bottom of group 1234
+ M Pattern: dot 3 at the Top of group 135 and at the Bottom of group 234
+ W Pattern: dot 3 at the Bottom of group 135 and at the Top of group 234
===================================
5.Supply Demand Zone
5.1.Supply Zone
+ Supply Zone is area map structure change from upward to downward
+ Supply Zone is limited by 2 dots highest before upward structure broken
5.2.Demand Zone
+ Demand Zone is area map structure change from downward to upward
+ Demand Zone is limited by 2 dots lowest before downward structure broken
============================================================================
6.6.Over Block
6.1.Overbought Block
+ Overbought Block is location Long position covering
+ Ovb Block is limited by higest high and upper band at top of map
6.2.Oversold Block
+ Oversold Block is location Short position covering
+ Ovs Block is limited by lowest low and lower band at bottom of map
===================================
7.RSI Column
+ RSI Overbought is marked by Overbought color
+ RSI Oversold is marked by Oversold color
+ RSI Normal is marked by Normal color
+ Symbol ▲: RSI growing
+ Symbol ▼: RSI falling
===================================
8.Volume Direction
+ Volume growing is marked by Up Color
+ Volume falling is marked by Down Color
+ New Highest Volume on the map is marked by High Color and H Label
+ New Lowest Volume on the map is marked by Low Color and L Label
+ Volume higher than Median level is marked by Up Color and M Label
===================================
9.Useful features
+ Quickly find chart patter: 123, M, W...
+ Quickly find wave patter: I, V, N...
+ Quickly find Key level when moving between different Time Frame
+ Quickly recognize chart is trending or trendless
+ Quickly recognize divergence of Price and Volume
+ Quickly calculate Entry, Stoploss, Takeprofit by using Fibonacci
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.