Duchesne Impulse Zones
- 指标
-
Eliott Noah Duchesne
MQL5 and Pine Script developer based in France. I turn your trading rules into clean, commented and tested tools.
What I build
- MT5 Expert Advisors: entries and exits, risk-based lot size, time filters, trailing stop, prop firm risk rules
- MT5 indicators with alerts and dashboards - 版本: 1.0
- 激活: 5
Duchesne Impulse Zones draws supply and demand zones from the small candles that come just before a strong impulse candle.
Main features
- Impulse candle: body of at least N times the ATR (1.5 by default)
- Base: up to three small candles right before the impulse
- Demand zones below a bullish impulse, supply zones above a bearish impulse
- Zone status: fresh, tested (price came back) or broken (a candle closed beyond the zone)
- Maximum number of zones shown on each side; broken zones hidden or greyed
- Tooltip with the status of each zone
- Optional popup and push alerts when price enters a fresh zone
How it works
Only closed candles are used. Each zone is followed bar after bar to count the returns of price and to detect a close beyond it.
Inputs
- Bars to scan, ATR period, impulse size, base candle size, base candles, maximum zone height
- Zones shown, tested zones, broken zones, colors
- Popup alert, push notification
This indicator is an analysis tool. It does not open trades and does not give trading signals.
