OPEN-SOURCE SCRIPT

50% Strat Retracement

7 352
The purpose of this script is to show/alert you when there is a 50% Strat Reversal. It works very well to find possible 3 candles.

The arrows, and line can be turned on and off.

You can change the 50% to say 45% so that you will be alerted before it actually hits the 50% retracement.

The script will only alert if the reversal is a 2up red candle, a 2up green candle which will hopefully turn into a 3 candle.

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