OPEN-SOURCE SCRIPT
Updated Dead Zones [from EdgeFinder]
Daily Dead Zone specs. For use on a 5-min chart.
This Dead Zone is generated each evening after market close by EdgeFinder's genetic-algorithm solutions. The Dead Zone tends to attract the price towards it, though not always. Useful for a judicious application of intraday scalping on pullback moves.
This Dead Zone is generated each evening after market close by EdgeFinder's genetic-algorithm solutions. The Dead Zone tends to attract the price towards it, though not always. Useful for a judicious application of intraday scalping on pullback moves.
Release Notes
Updated to widen the zone to include a full day session minus 30 minutes at open and close.Release Notes
Updated to change the zone colors.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.