Arun_K_Bhaskar

Angle & Price Flow

This is a simple end of the day indicator based on open and close values.

Angles:
Identifying narrow angles helps to find breakouts
Maximum angle = High chance of reversal
Minimum angle = Chance of breakouts on the next day or upcoming days.

Price Flow:
I personally use price flow to simplify the flow of candlestick chart and to identify breakouts using rounding bottoms and rounding top patterns, sharp corners for reversals.

Features:
Multi time frame
Labels
Hide previous period

Combine it with other indicators for better result.
نص برمجي مفتوح المصدر

قام مؤلف هذا النص البرمجي بنشره وجعله مفتوح المصدر، بحيث يمكن للمتداولين فهمه والتحقق منه، وهو الأمر الذي يدخل ضمن قيم TradingView. تحياتنا للمؤلف! يمكنك استخدامه مجانًا، ولكن إعادة استخدام هذا الكود في منشور تحكمه قواعد الموقع. يمكنك جعله مفضلاً لاستخدامه على الرسم البياني.

هل تريد استخدام هذا النص البرمجي على الرسم البياني؟

التعليقات

It will be good if you show to also calculate the slope/angle.
Because for very minimal inclination, the values of slope/angle will help to differentiate and decide trade priorities between two different assets/stocks.
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Please note: This indicator is for after market hours for stock selection purpose only. It won't work in live market. I am refining the script. Once it is completed, I will make a write up on how I use it for stock selection and spotting the top gainer or loser of the day in advance and to select stocks for swing trading.
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Sounds like a great idea, but not working with me, nothing on the chart :-/
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@castifao, This is in testing stage, I am working on it to improve.
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it's repaint
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Arun_K_Bhaskar leeboontuck
@leeboontuck, Yes, it is a end of the day stock selection indicator not for live market.
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