OPEN-SOURCE SCRIPT
Indicator "Preço de Fechamento de Reversão"
- IMPORTANT: Filter entries with Stochastic. Oversold for long and Overbought for short
Marks candles following setup created by Analyst "Stormer" from Brazil.
This setup was not created or modified in any way by me.
Input configuration toggles marking by triangles above or below candles or change of candle color as following:
For Long Entry - Gray Candle or Green Triangle Above Candle:
Lower low than previous low and higher close than previous close
For Short Entry - Black Candle or Red Triangle Below Candle:
Higher high than previous high and lower close than previous close
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.