OPEN-SOURCE SCRIPT
Automated OHLC OLHC Levels
Updated
A simple, clean, effective visualization tool, for the OHLC or OLHC of a chosen candle/timeframe.
Apply this indicator using a higher timeframe, in conjunction with other levels and the directional bias, to easily recognize trading opportunities at lower timeframes.
Apply this indicator using a higher timeframe, in conjunction with other levels and the directional bias, to easily recognize trading opportunities at lower timeframes.
Release Notes
New feature - Alerts!3 new options are available in the indicator settings to create alerts when there is a new High, Low or Open. These work as follows:
- New High/Low Alerts, will give 1 alert per candle of the current chart timeframe, so if your indicator is showing a daily candle, and you are on the 15m timeframe, you will get one alert per 15m candle, as soon as that candle creates a new high/low.
- New Open alerts, will give an alert everytime a new candle on the indicator source timeframe is created, so if the indicator is showing daily candles, you will get an alert on creation of a new daily candle/open price.
Feedback welcomed, and always - thank you for your support.
Release Notes
Added an option to view OHLC of previous candles/bars, instead of just the current candle. These still work with the alerts, so if prices reaches the previous candle high or low the alert will trigger.Improved the functionality and drawings on timescales less than 1 minute.
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.
Contact me directly on TradingView or Twitter for queries, for purchasing and indicator guides please check here tradingparadise.io/
Disclaimer
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