OPEN-SOURCE SCRIPT

Top and Bottom Identifier [digit23]

Aggiornato
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.
Note di rilascio
- Changed default threshold multiplier to 0.1
- Changed photshape triangle size to size.small

istantanea

- Now Signals are more clearly visible.
Candlestick analysisChart patternsTrend Analysis

Script open-source

In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.

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