Private Release Spike Alerts 4.0
Support: DM me for access and if you have question on how to use this indicator join my social media in my signature.
Release Notes on 4.0:
There are two new features. Secondary Spikes and Labels.
Secondary Spikes are spiked that occur within 2 bars instead of the 1 bar spike. These I have found to be lower probability but *can* work. I am watching them to study them. Stick with the primary spikes unless you want to get fancy yourself.
Labels are for added optimization. The Median tells you where the red line is for an entry. The main significant factor of spikes I have found is the ATR Clear. This is the % of the ATR that the spike clears the last high/low of the range. The default for displaying spikes is 60%. I really am leaning towards making it a minimum of 100%. Basically the higher the better though some important spikes in history have been within the lower threshold.
Labels will automatically disappear after a number of bars. You will need to use the playback function in Tradingview to go back to near the signal to view the Label statistics.
Support: DM me for access and if you have question on how to use this indicator join my social media in my signature.
Release Notes on 4.0:
There are two new features. Secondary Spikes and Labels.
Secondary Spikes are spiked that occur within 2 bars instead of the 1 bar spike. These I have found to be lower probability but *can* work. I am watching them to study them. Stick with the primary spikes unless you want to get fancy yourself.
Labels are for added optimization. The Median tells you where the red line is for an entry. The main significant factor of spikes I have found is the ATR Clear. This is the % of the ATR that the spike clears the last high/low of the range. The default for displaying spikes is 60%. I really am leaning towards making it a minimum of 100%. Basically the higher the better though some important spikes in history have been within the lower threshold.
Labels will automatically disappear after a number of bars. You will need to use the playback function in Tradingview to go back to near the signal to view the Label statistics.
Versionsinformation:
Fixed a Label that was incorrect
Versionsinformation:
Update to 4.1.
-Fixed ghost label problems
-Updated forex pip values
-Fixed ghost label problems
-Updated forex pip values
Versionsinformation:
Simplified Labels
Median: the value of the Median Line at the signal bar
ATR Clear: Percent of ATR value that the spike bar cleared the Range High or Low
Median: the value of the Median Line at the signal bar
ATR Clear: Percent of ATR value that the spike bar cleared the Range High or Low
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Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: www.youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade