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Opening Price Signal (Text-Based)

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Overview:
This simple yet powerful indicator quickly identifies the intraday trend direction by comparing the current price to the day’s opening price.

How it Works:
• Bullish Signal: Last price is at least +0.25 points above today’s open—suggests buying (Long).
• Bearish Signal: Last price is at least -0.25 points below today’s open—suggests selling (Short).
• Neutral: Price remains within ±0.25 points of today’s open—no trade recommended.

What’s Displayed:
• Open Price: Today’s opening price.
• Last Price: Current trading price.
• Signal: Difference between last price and today’s open.
• Sentiment: Clearly labeled as Bullish, Bearish, or Neutral.
• Action: Recommended trade direction (Long, Short, or None).

Recommended Timeframes:
• 5-Minute (ideal for precise intraday trading)
• 15-Minute (balanced clarity and noise reduction)
• 30-Minute (reduced noise, smoother signals)

Ideal Usage:
Perfect for day traders looking for a quick and clear gauge of intraday market sentiment. Use it to confirm momentum and trade confidently in the direction of the daily trend.

Happy trading! 📈✨
Sürüm Notları
Update to alerts
Sürüm Notları
Added Net Price Rule

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.