Top and Bottom Identifier [digit23]

This indicator is designed to identify potential market tops and bottoms based on customizable conditions. It employs price action analysis, considering candlestick patterns, body size, and recent price history. Traders can adjust parameters like the threshold multiplier and body size multiplier to fine-tune sensitivity.

Features:
Identifies potential tops and bottoms.
Customizable threshold and body size multipliers.
Utilizes price action analysis exclusively.
User-friendly and visually represented on the chart.

Usage:
Red Triangles: Indicate potential market tops.
Green Triangles: Indicate potential market bottoms.

Parameters:
Threshold Multiplier: Adjusts sensitivity.
Body Size Multiplier: Controls the significance of candlestick body size.
Note:

This indicator is for traders preferring price action analysis to identify potential reversals. It's recommended to use alongside other technical analysis tools for comprehensive trading decisions.

Disclaimer:

Trading involves risk; thorough analysis is crucial before making decisions. This indicator is a tool for technical analysis and should be part of a broader trading strategy.

Catatan Rilis

- Changed default threshold multiplier to 0.1
- Changed photshape triangle size to size.small

- Now Signals are more clearly visible.

Skrip open-source

Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.

digit23

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.

Skrip open-source

digit23