OPEN-SOURCE SCRIPT
Bias Daily
This indicator shows in a different way how to evaluate the BIAS Daily.
Evaluate yesterday's closed candle [1] and that of the day before yesterday [2]
The conditions are:
LONG BIAS =
Candle [1] closed above High Candle [2]
- In this condition a long continuation can be considered
SHORT BIAS =
The candle [1] closed below the low candle [2]
- In this condition a short continuation can be considered
IN THE RANGE =
The candle [1] did not close below or above the Low and High candle [2]
- In this condition it is better not to risk it
The user has the possibility to:
- Choose to show high or low BIAS levels
- Shows the Table in which the BIAS D is marked
The indicator should be used as TTrades shows in its videos, it can also be implemented in ICT strategies.
The indicator takes into consideration the last 2 candles already closed, so on the candle that is forming you can expect reactions in the Pd Array of the Candle Range [1], below I show examples of how to use it in Multitimeframe
BIAS LONG =
BIAS SHORT =
Evaluate yesterday's closed candle [1] and that of the day before yesterday [2]
The conditions are:
LONG BIAS =
Candle [1] closed above High Candle [2]
- In this condition a long continuation can be considered
SHORT BIAS =
The candle [1] closed below the low candle [2]
- In this condition a short continuation can be considered
IN THE RANGE =
The candle [1] did not close below or above the Low and High candle [2]
- In this condition it is better not to risk it
The user has the possibility to:
- Choose to show high or low BIAS levels
- Shows the Table in which the BIAS D is marked
The indicator should be used as TTrades shows in its videos, it can also be implemented in ICT strategies.
The indicator takes into consideration the last 2 candles already closed, so on the candle that is forming you can expect reactions in the Pd Array of the Candle Range [1], below I show examples of how to use it in Multitimeframe
BIAS LONG =
BIAS SHORT =
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