CME Price Limit

4月3日

Calculates the CME Price Limit

• The reference price is obtained from the previous day's closing settlement price
  (data pulled from the asset's daily chart with settlement enabled)
  
• Percentage limit can be modified in settings
  
• Buffer can be enabled (for example, 2% buffer on a 7% limit, so a line gets drawn at 5% too)
  
• Alert can be enabled for price crossing a certain percentage from reference on the day
  
• You can choose to plot the historical lines on every day, or the current day only
  

The reference price output can be found in the data window, or in the indicator status line if enabled in the settings.

Before placing real trades with this, you should compare the indicator's reference price to what's shown on CME's website, to double check that TradingView's data matches for your contract.

cmegroup.com/trading/price-limits.html

4月3日

版本注释

Update removes contract change adjustment, so the indicator can display historical data before contract switches, even with B-ADJ off.

Note, for contract-switch days, I recommend having B-ADJ enabled (adjust for contract changes), so the rollover gap doesn't get counted towards the percentage change.

Shoutout nilstrades_ for pointing this out