devnpips

Market Swiss Knife

devnpips Updated   
Simple script, helpful to analyse the current conditions of the market and make your own decisions. It's not a signal indicator

* Shows an EMA to help you identify the trend
* Uses the ATR to plot two lines below (current low + ATR) and above (current high - ATR) the current candle. Useful to see whether the market is overextended or find possible targets
* Plots a vertical line showing NY, Tokyo and London session opens
* Includes a position size calculator to calculate your desired lot size (works in forex and gold)
Release Notes:
Deleted unnecessary comments in code
Release Notes:
* Minor aesthetic changes in settings menu
* Deleted unnecessary plots
Release Notes:
Aesthetic changes
Release Notes:
* Made default colour for session lines more transparent
* Added the option to plot daily, weekly and monthly open and also previous weekly high and low. You can remove the levels you don't wanna see plotted
Release Notes:
just updating indicator chart preview
Release Notes:
Chart update :/
Release Notes:
* updated indicator short-title
* extended atr lines so that they are drawn through the whole current day and not just the last candle
* added color option to atr lines
* moved fx calculator to the bottom of the settings
* fixed a bug where on mondays the weekly open and daily open would overlap, now it just shows weekly open
Release Notes:
Removed the FX lot calculator so that the indicator can run on charts like ETHBTC without errors.

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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