OPEN-SOURCE SCRIPT
Updated RM Timeframe Continuity
This indicator plots a table off to the right of the chart to help with determining timeframe continuity. Per the Strat, a great edge is only taking trades where full timeframe continuity is in place (i.e. if you are going long, make sure other timeframes are also green).
In this script:
User defined options:
In this script:
- Green candles have green colored boxes, red candles have red colored boxes.
- Inside bars are represented by a circle - ⬤
- Outside bars are represented by a tall rectangle - ▮
- 2-up bars are indicated by an up arrow - ▲
- 2-down bars are indicated by a down arrow - ▼
User defined options:
- Pick any timeframe for the 4 boxes
- Choose whether to plot the highs/lows of the larger timeframe candles as horizontal rays on your chart (along with the associated colors)
Release Notes
Fixing a bug with the glyphs of the 4th box.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.
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.
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.