Opening Price Signal (Text-Based)

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Overview:
This simple yet powerful indicator quickly identifies the intraday trend direction by comparing the current price to the day’s opening price.

How it Works:
• Bullish Signal: Last price is at least +0.25 points above today’s open—suggests buying (Long).
• Bearish Signal: Last price is at least -0.25 points below today’s open—suggests selling (Short).
• Neutral: Price remains within ±0.25 points of today’s open—no trade recommended.

What’s Displayed:
• Open Price: Today’s opening price.
• Last Price: Current trading price.
• Signal: Difference between last price and today’s open.
• Sentiment: Clearly labeled as Bullish, Bearish, or Neutral.
• Action: Recommended trade direction (Long, Short, or None).

Recommended Timeframes:
• 5-Minute (ideal for precise intraday trading)
• 15-Minute (balanced clarity and noise reduction)
• 30-Minute (reduced noise, smoother signals)

Ideal Usage:
Perfect for day traders looking for a quick and clear gauge of intraday market sentiment. Use it to confirm momentum and trade confidently in the direction of the daily trend.

Happy trading! 📈✨

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Phát hành các Ghi chú

Update to alerts

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Phát hành các Ghi chú

Added Net Price Rule