OPEN-SOURCE SCRIPT
KTP Basic Parameters
Very basic indicator displaying the following parameters (in order) of the candle under the cross hair.
True Range
Average True Range
Daily Ave True Range (This will be same for all the candles of the day)
Filled Percentage (Percentage of the body to total size)
This info can be used to :
- figure out Filled-Unfilled-Filled patterns which might indicate Demand and Supply Zones.
- estimate the buffer for entry and stoploss from DATR.
- Search for boring/ base candles based on the filled percentage
- compare TR and ATR with previous and next candles
- The spikes in the bottom indicate explosive price movements So wherever you see a Peak-Valley-Peak pattern, it should indicate Filled-Unfilled-Filled pattern visually.
This should help beginners to train their mind and train their brain.
Disclaimer: Not associated with KTP in any capacity. Thanks to Ravi Sir for teaching these concepts though.
True Range
Average True Range
Daily Ave True Range (This will be same for all the candles of the day)
Filled Percentage (Percentage of the body to total size)
This info can be used to :
- figure out Filled-Unfilled-Filled patterns which might indicate Demand and Supply Zones.
- estimate the buffer for entry and stoploss from DATR.
- Search for boring/ base candles based on the filled percentage
- compare TR and ATR with previous and next candles
- The spikes in the bottom indicate explosive price movements So wherever you see a Peak-Valley-Peak pattern, it should indicate Filled-Unfilled-Filled pattern visually.
This should help beginners to train their mind and train their brain.
Disclaimer: Not associated with KTP in any capacity. Thanks to Ravi Sir for teaching these concepts though.
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。