OPEN-SOURCE SCRIPT
Market Swiss Knife
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)
* 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 codeRelease Notes
* Minor aesthetic changes in settings menu* Deleted unnecessary plots
Release Notes
Aesthetic changesRelease 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 previewRelease 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 publication is governed by House rules. You can favorite it to use it on a chart.
Disclaimer
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