OPEN-SOURCE SCRIPT
已更新 Single Candle Model-DTFX
The script identifies the candles with engulfing body and marks the 50% of the candle for easy entry based on model of #DTFX single candle entry
Interpreting the Signals:
Look for candles labeled as "BE". These represent significant price action where the range is larger than the previous candle's range.
Pay attention to the 50% line of the "BE" candle:
A green line indicates a bullish "BE" candle.
A red line indicates a bearish "BE" candle.
Watch for Buy ("B") and Sell ("S") labels:
"B": Indicates a potential bullish breakout.
"S": Indicates a potential bearish breakdown.
Alerts:
Configure alerts in TradingView to notify you whenever a "B" or "S" signal is detected. This allows you to act on the signals without constantly monitoring the chart.
Use in Trading Strategies:
Combine this indicator with other tools like support/resistance levels, moving averages, or trend analysis to validate the signals.
Use the midpoint (50% line) of the "BE" candle as a potential reference point for stop-loss or target levels.
Customizations:
Adjust the appearance of labels and lines by modifying their style, color, or placement in the script.
Add filters (e.g., timeframes or volume conditions) to refine the detection of "BE" candles.
This indicator helps traders identify pivotal price movements and act on potential breakouts or breakdowns with clear visual markers and alerts.
Interpreting the Signals:
Look for candles labeled as "BE". These represent significant price action where the range is larger than the previous candle's range.
Pay attention to the 50% line of the "BE" candle:
A green line indicates a bullish "BE" candle.
A red line indicates a bearish "BE" candle.
Watch for Buy ("B") and Sell ("S") labels:
"B": Indicates a potential bullish breakout.
"S": Indicates a potential bearish breakdown.
Alerts:
Configure alerts in TradingView to notify you whenever a "B" or "S" signal is detected. This allows you to act on the signals without constantly monitoring the chart.
Use in Trading Strategies:
Combine this indicator with other tools like support/resistance levels, moving averages, or trend analysis to validate the signals.
Use the midpoint (50% line) of the "BE" candle as a potential reference point for stop-loss or target levels.
Customizations:
Adjust the appearance of labels and lines by modifying their style, color, or placement in the script.
Add filters (e.g., timeframes or volume conditions) to refine the detection of "BE" candles.
This indicator helps traders identify pivotal price movements and act on potential breakouts or breakdowns with clear visual markers and alerts.
版本注释
updated for the overlay开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。