UCSgears_Transaction Valuation IndexHere is the Version 2 of the TVI indicator posted earlier.
This is inspired from the Value Charts Indicator.
Version 1
Valuecharts
UCS_Transactional Valuation Index-Version 2Version 1 -
Updates include
Better Optimization on the levels.
Plotting only the important Highs and Lows
The extremes can be an important pivot levels.
Over and Undervalue - Gray (Column - close) (Histogram - High/Low)
Extreme conditions - Red
Extreme Alerts and Overlay will be added later.
