Dynamic Range
here comes open source version of notorious JFT Indicator ( the indicator access you can get in some bucks ) on various telegram channels however they will not give code.
Now how it works
1. 2 ranges derived from indicator are supposed to be a consolidation zone and any close above or below is supposed to give a good move.
2. I personally consider it as may be addition to price analysis. ( i don't believe much in indicators,even simple MA gives fruitful results when there is good move in market )
3. Range can be drawn on chart with various resolution ( Daily/Monthly/Weekly )
PS: I coded myself based on data analysis shown by access only indicator. In case you use it for your publication don't forget to give credits.
Thanks,
daytraderph
Now how it works
1. 2 ranges derived from indicator are supposed to be a consolidation zone and any close above or below is supposed to give a good move.
2. I personally consider it as may be addition to price analysis. ( i don't believe much in indicators,even simple MA gives fruitful results when there is good move in market )
3. Range can be drawn on chart with various resolution ( Daily/Monthly/Weekly )
PS: I coded myself based on data analysis shown by access only indicator. In case you use it for your publication don't forget to give credits.
Thanks,
daytraderph
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免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。