OPEN-SOURCE SCRIPT

Red Report Filter x 'Bull_Trap_9'

230
Hello Traders!

This one is my favorite.

This is indicator / filter: '2 of 2.'

'1 of 2' is the, 'Closed Market Filter,' I posted before this that you may like.

Again, I prefer 'Filter' over 'Indicator' because this Pine Script code does not interact with the actual price data.

It makes handling high impact reports effortless.

As you all know; if you're on a Prop and breach a 'Red,' you lose your account.

This will filter up to 5 reports. More than enough unless you're on EURUSD!

It offers both 'Red' and 'Orange' report control.

The default window times of 15 / 6 are programmed for red events. You can always alter the base code for your desired, 'Before / After.'

Click the tooltip for more info.

How to use:

You do need to update the inputs daily with the current report times before each open.

I trade YM / US markets. Those reports are very repetitive on their delivery times, so I usually leave a 10:00 setting in slot 1. I then toggle it 'On' or 'Off' per demand.

Just open the dialogue box and it is pretty self explanatory.

I used task scheduler for a lot of years, but that wasn't very reliable, modest work to set up daily and a lot of times I may not hear it or it malfunctions because of a Windows update.

TradingView has the little icon that floats from the bottom right, but who really looks for that.

Any audio alert is subject to fail for a number of reasons.

This filter REDS the screen in your face. Leaves no doubt about what's coming.

I know there may be other apps and options out there, but this filter is integral to the TradingView chart itself embedded through Pine Script. It is right there, a click away, easy to input data, and as long as your chart is active and working, the filter will fire.

I did not build an alert condition into this, but I'm sure that could be an option if you want to program in audio as well.

Please Note: Only when the price candles push into the filter zone, will the filter start to display. Run a test a minute from the current price candle and you can see how it functions.

I appreciate your interest.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.