R.E.Signal V2.0: Improved Tim West inspired code
Hi, this is version 2.0 of the Range Expansion Signal indicator, now including inside and outside bars.
I'm looking forward to tradingview to include other price feeds, since I'd love to trade FX from this site.
Cheers,
Ivan.
I'm looking forward to tradingview to include other price feeds, since I'd love to trade FX from this site.
Cheers,
Ivan.
study("R.E.Signal V2.0", overlay=true)
rangeup = close[1]+tr[1]
rangedown = close[1]-tr[1]
over() => high > rangeup and close > open and low > low[1]
under() => low < rangedown and close < open and high < high[1]
inside() => high < high[1] and low > low[1]
outside() => high > high[1] and low < low[1]
barcolor(over() ? green: under() ? red: inside() ? black: outside() ? black: na)
