Hello Trading Community...
Ive been working on a factual analysis for some time now, it paints a PB text when a candle doesn't close lower than the previous 3,4,5.
As I am new to trading and pine scripts its a very basic script which seems to work when in AOI (Area of Interest) such as Support, lower channel trendline and near 50/100EMA when in an uptrend.
HTF fractals hold more strength and I tend to go with the HTF's and to alert the time of confirmation candle (which is when a either the 2nd or 3rd candle closes higher than the high of the PB)
This on its own doesn't hold weight and I like to see this as a poker game, the stronger my hand is, the more I am inclined to play the hand.
Your feedback would be most appreciated .
Ive been working on a factual analysis for some time now, it paints a PB text when a candle doesn't close lower than the previous 3,4,5.
As I am new to trading and pine scripts its a very basic script which seems to work when in AOI (Area of Interest) such as Support, lower channel trendline and near 50/100EMA when in an uptrend.
HTF fractals hold more strength and I tend to go with the HTF's and to alert the time of confirmation candle (which is when a either the 2nd or 3rd candle closes higher than the high of the PB)
This on its own doesn't hold weight and I like to see this as a poker game, the stronger my hand is, the more I am inclined to play the hand.
Your feedback would be most appreciated .