OPEN-SOURCE SCRIPT
SAFE MARGINE_OS

Hi dear Investors!
Here I present you my last prepared indicator that works with searching on the most visited prices in a period. It also take an average of them which is described here as balance line.
Inputs:
+BACKWARD: range of your search area on history from current moment.
+MEMORY: number of memory stacks that would be used to save previous calculated values for taking an average.
+REFRESH: this parameter is in mili-seconds and describe saving data in memory stacks.
+METHODOLOGY:
++OC-BASED: OPEN/CLOSE would be used for calculations
++HL-BASED: HIGH/LOW would be used for calculations
++MID-BASED: HL2/OHLC4 would be used for calculations
Please do not forget to 'BOOST' the script if you use it!
Happy trading!
PlanB4.
Here I present you my last prepared indicator that works with searching on the most visited prices in a period. It also take an average of them which is described here as balance line.
Inputs:
+BACKWARD: range of your search area on history from current moment.
+MEMORY: number of memory stacks that would be used to save previous calculated values for taking an average.
+REFRESH: this parameter is in mili-seconds and describe saving data in memory stacks.
+METHODOLOGY:
++OC-BASED: OPEN/CLOSE would be used for calculations
++HL-BASED: HIGH/LOW would be used for calculations
++MID-BASED: HL2/OHLC4 would be used for calculations
Please do not forget to 'BOOST' the script if you use it!
Happy trading!
PlanB4.
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.
For quick access on a chart, add this script to your favorites — learn more here.
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.
For quick access on a chart, add this script to your favorites — learn more here.
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.