*SSS 50% [Intra]
SSS 50% Rule Indicator - Intraday 5/15/30/60 Version
This indicator is based on Sara Strat Sniper's - 50% Rule for trading Outside Bars and helps you visual the method quickly.
This indicator allows you to select: Outside 5/15/30/60 minute Warning Levels with Previous High and Low Levels all available within the indicators settings.
Please note - 60 minute warning and high/low levels are set to the indicators default. Feel free to change and save as required. Any issues let me know.
** Indicator Setup Requirements **
Custom functions added as requested by users to produce cleaner charts.
This indicator is based on Sara Strat Sniper's - 50% Rule for trading Outside Bars and helps you visual the method quickly.
This indicator allows you to select: Outside 5/15/30/60 minute Warning Levels with Previous High and Low Levels all available within the indicators settings.
Please note - 60 minute warning and high/low levels are set to the indicators default. Feel free to change and save as required. Any issues let me know.
** Indicator Setup Requirements **
- For Indicator to correctly display the 50% price level you need to setup your chart correctly. Right-click your chart background, select Settings, select Scales and Tick “Indicator Last Value Label". Now your 50% Price level will be displayed.
Nov 30, 2021
Custom functions added as requested by users to produce cleaner charts.
- H Line added for 50% level
- Ability to change color for H/L Levels and Labels.
- Adjust Line Width and Line Style
- Adjust 50% and High/Low Label Offsets
- Basic Alert Function added for 50% Level. Add Alert and Select Condition: SSS 50%, followed by your desired Outside Day Warning.
- Please note alert functions have been tested and work once the current close price crosses the 50% level. Any issues please let me know and I will update when required.