OPEN-SOURCE SCRIPT
DirectionalBarBNBUSDT
The Indicator show Directional Bar inside a market context
You must first do analisys context and next you can use the directional candle
Show Candles:
B3: The price close lower than the before candle and your own third third
A1: The price close higher than the before candle and your own first third
RU: Candle of Rejection in trend up. The price open and close in the first third of the candle
RD: Candle of Rejection in trend down. The price open and close in the third third of the candle
IU: Inside Candle in trend up. The price is inside of the range of the before red candle
ID: Inside Candle in trend down. The price is inside of the range of the before green candle
EU: Engulgfing candle in trend up. The range of the candle is outside of the range f the before red candle
ED: Engulgfing candle in trend down. The range of the candle is outside of the range f the before green candle
SL-LONG: Stop Loss for long position in BNBUSDT market
ENTRY-LONG: entry for long position in BNBUSDT market
TP-LONG: Take Profit for long position if you need back de price to entry by the limit order in BNBUSDT market
TP-LONG-MARKET: Take Profit for long position by the market order in BNBUSDT market
SL-Short: Stop Loss for short position in BNBUSDT market
ENTRY-SHORT: entry for short position in BNBUSDT market
TP-SHORT: Take Profit for short position if you need back de price to entry by the limit order in BNBUSDT market
TP-SHORT-MARKET: Take Profit for short position by the market order in BNBUSDT market
The Risk Highest is 0.35% and the Take Profit Lowest is 0.5%
You must first do analisys context and next you can use the directional candle
Show Candles:
B3: The price close lower than the before candle and your own third third
A1: The price close higher than the before candle and your own first third
RU: Candle of Rejection in trend up. The price open and close in the first third of the candle
RD: Candle of Rejection in trend down. The price open and close in the third third of the candle
IU: Inside Candle in trend up. The price is inside of the range of the before red candle
ID: Inside Candle in trend down. The price is inside of the range of the before green candle
EU: Engulgfing candle in trend up. The range of the candle is outside of the range f the before red candle
ED: Engulgfing candle in trend down. The range of the candle is outside of the range f the before green candle
SL-LONG: Stop Loss for long position in BNBUSDT market
ENTRY-LONG: entry for long position in BNBUSDT market
TP-LONG: Take Profit for long position if you need back de price to entry by the limit order in BNBUSDT market
TP-LONG-MARKET: Take Profit for long position by the market order in BNBUSDT market
SL-Short: Stop Loss for short position in BNBUSDT market
ENTRY-SHORT: entry for short position in BNBUSDT market
TP-SHORT: Take Profit for short position if you need back de price to entry by the limit order in BNBUSDT market
TP-SHORT-MARKET: Take Profit for short position by the market order in BNBUSDT market
The Risk Highest is 0.35% and the Take Profit Lowest is 0.5%
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.