Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Opis
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Visualizer of current or previous month(s), week(s) & days ranges
Purpose: View last Monthly, Weekly, Daily, and/or a custom time interval OHLC, i.e. previously closed/confirmed or the ongoing higher time interval ranges
Main configurations available: - 2 main reporting modes: View the current/ongoing M/W/D candles' OHLC (live, repaints) or report OHLC of last closed ones, i.e. previous Montly, Weekly and/or Daily - View only latest Monthly, Weekly and/or Daily OHLC (lines) or all past ones (~channel) - Set your own time interval for its price range(s) to be reported, e.g. last quarter '3M', 12H '720', or hide it - View one specific day of the week OHLC reported all over the week
Graphic/visual configuration: - Show the High & Low levels or not - Show the Open & close levels or not - Display a background color between top & down or lines only - Change the background color depending if is/was rising or falling price - Highlight the top & down breaches of higher timeframe resolution candles: Daily breaching last Weekly range, and/or the Weekly the Monthly one - Colors & styling can be edited from the indicator's styling configuration panel
Depending on its expected usage, those configurations enable to: - Consider previously closed candles OLHC as reference top & down ranges (support & resistance, breaches) - Review chart's current candles evolution within their higher time interval / candle (M/W/D) - Consider specific week days' range as a reference for the week trend - Have a general overview of the market evolution trends
Default config is to view current candles evolving within their higher time interval / candle, while reporting last previously closed M+W is a preferred usage. Play with the config settings to find your setup.
View ongoing M+W+D OHLC with dynamic background color:
Is there any way that I can set it up to not plot the current hour/day/week/month?
chiefud
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Great script. Thanks
Daleth9
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Excellent, thank you!
ganuda
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simply superb, need not view any other indicator or no need any trend identification tool
Great work and thanks for making easy viewing
scalpstar
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Hey mate. Great script, really clear and to the point. Wondered if you had any tips on utilising alerts? Ideally when price closes above/below previous day lows and highs for S/R flip trade setups
Jabba01
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@scalpstar, thanks for your feedback. you can create a TV alert by having the indicator applied to your chart, configured as expected (typically to report ongoing or closed/previous bar OHLC), right clicking the chart to see the option "Create alert", choosing your symbol/price to put a condition, e.g. 'cross', against this indicator '$0 OHLC' available dynamic values: the plotted HL and/or OC lines. I have used a simple naming convention: M / W / D / D1 / C + O / H / L / C for these values, examples: MH for monthly High; CL for the custom interval Low, etc.
Jabba01
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note: further config changes to the indicator will not be considered by the previously set alert. To integrate new config changes, you need to create a new alert (and eventually remove previous one). When defined, an alert takes a snapshot of current indicator config, as static computation conditions. Else that'd be a mess.
Geemaster
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Hi ja88a, thank you for this fantastic indicator, its a great piece of work. Would it be possible to add label to the range to show the size (in points) of a range?