OPEN-SOURCE SCRIPT
Indicator Cheat Mode
This script looks at the Stoich, the RSI and the MacD and 1 time period previous MacD to determine if bottom has been reached. Use at own discression and performs better on longer timeframes like most osscilators. Try 1 hour and 4 hour, small time frames give more false readings.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Disclaimer
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