Custom Pinescript Development on Tradingview
Budget: $30 – $250 USD
1- On the 30m time frame check the relative volume at a time indicator
2- If the volume is above (1) for 4 consecutive candles and more
3- Draw a “fixed range volume profile ”from the first candle above (1) volume to the last one ( the candles have to be consecutive
4- These are the main conditions
5- After doing the previous conditions now do the following
6- After the last candle that has a volume above (1) => there has to be at least one candle above or below the last candle you draw the fixed volume ( step #number 3 )
7- If the price returns within 3 pips and does not tag then leaves more than 8 pips then the trade is canceled
8- That appearance will be a horizontal line starts from the last candle from step number 2 until the price is tagged or step number 7 happens
9- The profit is fixed 15 pips and stop loss is fixed 10 pips ( for gold its 50 pips stop loss and 75 pips profit )
2- If the volume is above (1) for 4 consecutive candles and more
3- Draw a “fixed range volume profile ”from the first candle above (1) volume to the last one ( the candles have to be consecutive
4- These are the main conditions
5- After doing the previous conditions now do the following
6- After the last candle that has a volume above (1) => there has to be at least one candle above or below the last candle you draw the fixed volume ( step #number 3 )
7- If the price returns within 3 pips and does not tag then leaves more than 8 pips then the trade is canceled
8- That appearance will be a horizontal line starts from the last candle from step number 2 until the price is tagged or step number 7 happens
9- The profit is fixed 15 pips and stop loss is fixed 10 pips ( for gold its 50 pips stop loss and 75 pips profit )