OPEN-SOURCE SCRIPT
更新済

Range Detection

28 777
This is a simple indicator to find the sideways market or ranging market.

It is mainly focused on BTCUSD as BTCUSD doesn’t make big moves each and every candle. It makes big breakouts with one candle and then goes sideways for a longer period of time.

So, this indicator identifies those big candles and plots high and lows of those big candles using lines. New range is created only when new candles close above or below previous major candles high or low.
リリースノート
1. Range detection is now dynamic.
2. User inputs for the range to start showing.
3. Alerts for Bullish and Bearish breakouts.

免責事項

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.