INVITE-ONLY SCRIPT
Bounce Indicator
This is a leading indicator based on price action only which identifies Swing Highs and Swing Lows as per their classic definition.
The horizontal black lines on each Swing Highs and Swing Lows make the Swing Chart.
Connecting the Swing Highs and Swing Lows gives us our Bounce Indicator.
- Green Triangle under a candle is a Swing Low.
- Red Triangle above a candle is a Swing High.
- Violet color candle is Inside Bar.
- Blue color candle is Outside Bar.
The horizontal black lines on each Swing Highs and Swing Lows make the Swing Chart.
Connecting the Swing Highs and Swing Lows gives us our Bounce Indicator.
Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Amit_Ghosh for more information, or follow the author's instructions below.
TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.
Author's instructions
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Warning: please read before requesting access.
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