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OPEN-SOURCE SCRIPT

Projection

Greetings Traders! I have decided to release a few scripts as open-source as I'm sure others can benefit from them and perhaps make them better.(Be sure to check my Profile for the other scripts as well: tradingview.com/u/DayTradingOil/).
This one is called Projection.

Projection is based off the same Principle as some of my other scripts, such as Trade Manager(tradingview.com/script/M926eZzM-Trade-Manager/) and Price Predictor(tradingview.com/script/M926eZzM-Trade-Manager/). I use a simple concept using line.new() to define some potential Price Projections. From the Settings of the Indicator, you can access a couple different Pre-Set options.

Wide Parabola:
Snapshot

Skinny Parabola:
Snapshot

Straight Triangle:
Snapshot

ZigZag1:
Snapshot

ZigZag2:
Snapshot

I wanted to give a Special Thanks to PineCoders for the custom RoundToTick Function from Backtesting/Trading Engine --> (tradingview.com/script/dYqL95JB-Backtesting-Trading-Engine-PineCoders/)

If you like Projection, be sure to Like, Follow, and if you have any questions, don't be afraid to drop a comment below.
Average True Range (ATR)Candlestick AnalysispricepredictionpriceprojectionprojectionprojectionsTrade ManagementtrademanagerTrend Analysis

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?

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