ZONE BUY STRATEGY
In this method look for recent block of black candles and take the before black candle as base handle ,Draw a line forward with the value open and close of the base candle ,When the price falls into this region next in near future execute buy order. Stop loss wont work.
In this method look for recent block of black candles and take the before black candle as base handle ,Draw a line forward with the value open and close of the base candle ,When the price falls into this region next in near future execute buy order. Stop loss wont work.
🌳LBLS,PM Indicator: bit.ly/2DJVXDn 💚
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🎯web: www.wealthgeo.com
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🦄telegram: 🟢 t.me/longbuylongsellindicator 🟢
✔️contact: www.t.me/wealthworldmajic
🎯web: www.wealthgeo.com
🟠twitter : twitter.com/marxcbabu 💲
//@version=2
study("ZONE",overlay=false)
len = input(35,title="Period")
smooth = input(100,title="Smooth")
plotcandle(open, high, low, close, title='candle', color=(open < close) ? green : red, wickcolor=gray)
// This is working isHigherHigh() => high>high[1] and high[1]>high[2] and low>low[1] and low[1]>low[2] and close>close[1] and high>close and close>high[1] and close>low[1] and close>(open and low) and close[1]>(open[1]and low[1])and close[2]>(open[2]and low[2])
isHigherHigh() => high>high[1] and high[1]>high[2] and close>close[1] and close[1]>close[2] and close>open and close[1]>open[1] and close[2]>open[2] and low>open[1] and low[1]>open[2] and (open+low)<(open+close) //and low>ohlc4[1] and low[1]>ohlc4[2] //and low>open[1] and low[1]>open[2] this code is to make sure low not below open of before candle
barcolor(isHigherHigh()? black :na)
barcolor(isHigherHigh()? black :na, -1)
barcolor((isHigherHigh() and close>open)? black :na, -2)
//barcolor()
