OPEN-SOURCE SCRIPT
Updated SFP Momentum
Custom swing fail detector with levels and breakouts both major and minor plus colored candles based on SFP momentum.
Release Notes
Fixed error with left/right bounds being switched.Added accumulation/distribution breakouts (with option to turn them off).
Release Notes
Updated to differentiate between "minor distribution" around a pivot and "major distribution" around anchors.Also had them replace breakouts for ease-of-use since they are a subcategory of breakout.
Release Notes
♦added previous high pivot/anchor levels as green lines and previous low pivot/anchor levels as red lines.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.