OPEN-SOURCE SCRIPT
SOC by Sanket Deore
Overview: The SOC (SETTLE OUTSIDE Candle) indicator is designed to help traders identify potential buy and sell signals based on Bollinger Bands and a simple moving average (SMA). Developed by Sanket Deore based on personal research, this indicator aims to provide insights into market volatility and price action.
The indicator uses a customizable Bollinger Bands setup with a user-defined length and standard deviation multiplier.
Users can set alerts for buy and sell signals, ensuring they stay informed of potential trading opportunities.
Conclusion: The SOC BY SANKET DEORE indicator is a powerful tool for traders looking to harness the insights provided by Bollinger Bands and moving averages. By identifying significant price movements and providing visual signals, this indicator can enhance trading strategies and decision-making processes.
This indicator is developed by Sanket Deore based on personal research to support traders in their market analysis.
Skript med en öppen källkod
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. Du kan ange den som favorit för att använda den i ett diagram.
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