Greetings Traders! I have decided to release a few scripts as open-source as I'm sure others can benefit from them and perhaps make them better.(Be sure to check my Profile for the other scripts as well: https://www.tradingview.com/u/DayTrading...).
This one is called Projection.
Projection is based off the same Principle as some of my other scripts, such as Trade Manager(https://www.tradingview.com/script/M926e...) and Price Predictor(https://www.tradingview.com/script/M926e...). I use a simple concept using line.new() to define some potential Price Projections. From the Settings of the Indicator, you can access a couple different Pre-Set options.
Wide Parabola:
Skinny Parabola:
Straight Triangle:
ZigZag1:
ZigZag2:
I wanted to give a Special Thanks to @Pinecoders for the custom RoundToTick Function from Backtesting/Trading Engine --> (https://www.tradingview.com/script/dYqL9...)
If you like Projection, be sure to Like, Follow, and if you have any questions, don't be afraid to drop a comment below.
This one is called Projection.
Projection is based off the same Principle as some of my other scripts, such as Trade Manager(https://www.tradingview.com/script/M926e...) and Price Predictor(https://www.tradingview.com/script/M926e...). I use a simple concept using line.new() to define some potential Price Projections. From the Settings of the Indicator, you can access a couple different Pre-Set options.
Wide Parabola:
Skinny Parabola:
Straight Triangle:
ZigZag1:
ZigZag2:
I wanted to give a Special Thanks to @Pinecoders for the custom RoundToTick Function from Backtesting/Trading Engine --> (https://www.tradingview.com/script/dYqL9...)
If you like Projection, be sure to Like, Follow, and if you have any questions, don't be afraid to drop a comment below.
Follow on Instagram @DayTradingOil and @OilFutures