Based on LazyBear's and TheMightyChicken's Value Chart.Value Chart is used as a signal in Hubba-Hubba Style strategy.
You can trigger Alarm when extreme level exceeded. Also the indicator monitors value of RSI2 and draws dot if value exceeds top or bottom of RSI level
*** April 20, 2015 - NEW UPDATE ***
Added classic color scheme and additional lines. Updated source: pastebin.com
April 10, 2015 - Updated version of Value Chart - candles draw correctly now.
Requires cover layer to be set as same color as your background. (white in default)
I hope you will enjoy it. :)