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The_Chart_Guru

BDL Range Alert

The_Chart_Guru  
Pivot points and levels alertsignals rangebreakout
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pivotpointsandlevels alertsignals rangebreakout
As soon as you call this indicator, it asks you to define the range. Select the bottom and the top of the range. Next, set your alarm. There are 3 alarm options:

1: Bottom of the range breakout
2: Top of the range breakout
3: Bottom or top of the range breakout

As soon as you close a candle outside the selected range, only then will the alarm be triggered.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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