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Chameleon indictor ║Tops and bottoms

Aggiornato
- This indicator uses a modified type of ADX , that offers a cleaner layout and improved signals. The indicator can be used by traders to identify possible tops, bottoms and changes in trends

- If the purple line moves downward after having been inside of the red line signals that a security possibly can have reached the bottom

- If the purple line moves upward after having been inside of the green line signals that a security possibly can reached the top

- The middle acts as a confirmation of the signal

// I have drawn lines on the chart to give examples of what the signals look like
Note di rilascio
Added an option to disable smoothening and changed the default transparency
OscillatorsTrend AnalysisWave Analysis

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