OPEN-SOURCE SCRIPT
Stack Method Filter - Ultimate
How to use it:
Watch the Dashboard: If "System Status" is green and "Zone" says "Discount" or "Premium," keep a close eye on the chart.
Wait for the Grade: When an S-Tier label pops up, it means the script has found the highest possible confluence according to your parameters.
Adjust Min ATR: Since you're trading XAUUSD and AUDUSD, remember that XAUUSD's ATR is much higher. You may want to set Min ATR to 1.0 for Gold and 0.0001 for Forex.
Watch the Dashboard: If "System Status" is green and "Zone" says "Discount" or "Premium," keep a close eye on the chart.
Wait for the Grade: When an S-Tier label pops up, it means the script has found the highest possible confluence according to your parameters.
Adjust Min ATR: Since you're trading XAUUSD and AUDUSD, remember that XAUUSD's ATR is much higher. You may want to set Min ATR to 1.0 for Gold and 0.0001 for Forex.
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.