OPEN-SOURCE SCRIPT
Range Detection [No Repaint]
DETECTS RANGE EARLY
Using Confirmed Data:
All calculations now use [1] to reference the previous completed candle
Signals are only generated based on completed candles
Range state is stored and confirmed before displaying
Key Changes to Prevent Repainting:
ATR calculations use previous candle data
Bollinger Bands calculate from previous closes
Price range checks use previous highs and lows
Range state is confirmed before displaying
How to Verify No Repainting:
Signals will only appear after a candle closes
Historical signals will remain unchanged
Alerts will only trigger on confirmed changes
This means:
The indicator will be slightly delayed (one candle)
But signals will be more reliable
Historical analysis will be accurate
Backtesting results will match real-time performance
Usage Tips with No-Repaint Version:
Wait for candle close before acting on signals
Use the confirmed range state for decision making
Consider the one-candle delay in your strategy timing
Alerts will only trigger on confirmed condition changes
Would you like me to:
Add a parameter to choose between real-time and no-repaint modes?
Add visual indicators for pending vs confirmed signals?
Modify the sensitivity of the range detection?
Using Confirmed Data:
All calculations now use [1] to reference the previous completed candle
Signals are only generated based on completed candles
Range state is stored and confirmed before displaying
Key Changes to Prevent Repainting:
ATR calculations use previous candle data
Bollinger Bands calculate from previous closes
Price range checks use previous highs and lows
Range state is confirmed before displaying
How to Verify No Repainting:
Signals will only appear after a candle closes
Historical signals will remain unchanged
Alerts will only trigger on confirmed changes
This means:
The indicator will be slightly delayed (one candle)
But signals will be more reliable
Historical analysis will be accurate
Backtesting results will match real-time performance
Usage Tips with No-Repaint Version:
Wait for candle close before acting on signals
Use the confirmed range state for decision making
Consider the one-candle delay in your strategy timing
Alerts will only trigger on confirmed condition changes
Would you like me to:
Add a parameter to choose between real-time and no-repaint modes?
Add visual indicators for pending vs confirmed signals?
Modify the sensitivity of the range detection?
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.
Möchten Sie dieses Skript auf einem Chart verwenden?
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.