*SSS 50% HTF

2 gru 2021

** SSS 50% - HTF (Higher Timeframe) -D/W/M/Q Edition **

This indicator is based on Sara Strat Sniper's - 50% Rule for trading Outside Bars and helps you visual the method quickly.

This indicator allows you to select: Outside: Day/Week/Month/Quarter Warning Levels with Previous High and Low Levels available within the indicators settings.
Please note - Daily warning and high/low levels are set to the indicators default. Feel free to change and save as required. Any issues let me know. See known issues below.


** Indicator Setup Requirements **
*For Indicator to correctly display the 50% price level you need to setup your chart correctly. Right-click your chart background, select Settings, select Scales and Tick “Indicator Last Value Label". Now your 50% Price level will be displayed.



Known Issues:

• This indicator does not work when you try to view a lower timeframes levels on a higher timeframe chart.[I]Example 1: Selecting Daily Warning, High and Low Levels will not be displayed correctly on a Weekly timeframe and above etc. The Daily selection however will be displayed correctly on all lower timeframes from the 1 minute chart to the Daily.[/I]
  
  [I]Example 2: Selecting Weekly Warning, High and Low Levels will not be displayed correctly on a Monthly timeframe and above etc. The Weekly selection however will be displayed correctly on all lower timeframes from the 1 minute chart to the Weekly. Please apply these same rules for all other timeframe indicator selections.[/I]
  
  
  
• Monthly Warning, High and Low levels will not work correctly on a Weekly chart when the current Weekly candlestick is forming between the end of a previous Month and start of new Month. Once the first Weekly candle of a new Month closes the Monthly levels will now be displayed correctly. Please note, selecting the Monthly levels when viewing a Monthly chart will work as normal and Monthly levels displayed on a Weekly chart will be corrected once the first Weeks candle has closed. I believe this error is caused by a pine script repainting issue when assessing historical price data which is out of my limited scripting brains control.

31 gru 2021

Informacje o Wersji

Custom Functions added as requested by users to produce cleaner charts.

• H Line added for 50% level
  
• Ability to change color for H/L Levels and Labels.
  
• Adjust Line Width and Line Style
  
• Adjust 50% and High/Low Label Offsets
  
• Basic Alert Function added for 50% Level. Add Alert and Select Condition: SSS 50% HTF, followed by your desired Outside Day Warning. Please note alert functions have been tested and work once the current close price crosses the 50% level. Any issues please let me know and I will update when required.
  
  If any users have experience on how to code more advanced alerts with pine for this indicator please feel free to send me a message. Enjoy :)
  

31 gru 2021

Informacje o Wersji

Indicator example image updated.

20 lis 2022

Informacje o Wersji

Settings option changed. For 50% level to work, Right-click chart background, select Settings, Scales, tick “Indicators and financials value”