Hi,
I publish this indicator again because PineScript deleted it
Let's explain it a bit :
The indicator is caculated from HHLL structures
- When the line is black, then nothing particular
- When the line is blue and >0 we soon have a top
- When the line is blue and <0 we found a bottom
- When the line is pink and >0 we found a top
- When the line is blue and...
Hi,
I publish my private indicator.
The colored line is called SFI
When it turns blue, it's bullish (enter with a dot)
When it turns purple, it's bearish (enter with dot)
The SFI is "followed" by he bollinger bands.
I use the RV²I as factor
Do not use it allow to trade
I added a RSI option to see when to exit early
Shotoki
Thank's Muxxy for the idea (BB bands)