Naked Forex Big Shadow Indicator for TradingView Big Shadow Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities, and Cryptos. When you have a Big Shadow on your chart then this is a strong signal meaning that you might be ahead of a reversal. You can take other elements (momentum, trend, volatility, price action,...
This is nothing other than a simple alert script I created for Vdub FX Sniper VX3 / Strategy by Vdubus Thank you to WillowGoLightly for coming to me with the idea. Change Log: Removed plots & layover Added a simple alert indicator to match original Be sure to give Vdubus a big thanks! Original Sniper Script by Vdubus: Disclaimer: I have...
v1 Big Shadow candles based on "How Naked Trading Works" video by Walter Peters: https://youtu created by AlistarElvis v2 Bugfix calculation largest candle, added parameter for alternative calculation largest candle