OPEN-SOURCE SCRIPT
Updated Disha -- Author(VAKA)
Disha means Direction.
This script basically works with Heikin Ashi Candle Stick on 5 min Chart. If its AM the alert comes whether it's bullish or bearish and the target for that hour is 3-5 handles up or down from the alerted candle low or high if it's bullish or bearish.
For Example if at 10:15 AM candle the alert comes as bullish expect it to move higher 3-5 handles on SPX.
This script good to use only on indices/ futures.
There is a small error when you use on futures during 12AM/PM hour its not giving alert at the right candle stick what I mean is its giving at 12:15 PM instead of 12:20 PM and vice versa - however it just works fine on SPX SPY QQQ etc...Just on futures its a known issue and which we are working on it.
This script basically works with Heikin Ashi Candle Stick on 5 min Chart. If its AM the alert comes whether it's bullish or bearish and the target for that hour is 3-5 handles up or down from the alerted candle low or high if it's bullish or bearish.
For Example if at 10:15 AM candle the alert comes as bullish expect it to move higher 3-5 handles on SPX.
This script good to use only on indices/ futures.
There is a small error when you use on futures during 12AM/PM hour its not giving alert at the right candle stick what I mean is its giving at 12:15 PM instead of 12:20 PM and vice versa - however it just works fine on SPX SPY QQQ etc...Just on futures its a known issue and which we are working on it.
Release Notes
Disha means Direction.This script basically works with Heikin Ashi Candle Stick on 5 min Chart. If its AM the alert comes whether it's bullish or bearish and the target for that hour is 3-5 handles up or down from the alerted candle low or high if it's bullish or bearish.
For Example if at 10:15 AM candle the alert comes as bullish expect it to move higher 3-5 handles on SPX.
This script good to use only on indices/ futures.
There is a small error when you use on futures during 12AM/PM hour its not giving alert at the right candle stick what I mean is its giving at 12:15 PM instead of 12:20 PM and vice versa - however it just works fine on SPX SPY QQQ etc...Just on futures its a known issue and which we are working on it.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.