Trend Precognition - Mtrl_Scientist (arrow-only)

Hey everybody,

Per request, I'm also adding the arrow-version to the updated base algorithm.
However, I advise everyone to also add the indicator version that I published previously.

Release Notes

Updated plot names for selecting alert conditions.

Release Notes

Another change to alert options...

Release Notes

Added optional alternative algorithm. This is all still very experimental, so don't forget to use stop-loss!

Release Notes

Big update:
Added a probability score that is based on looping through several dozen smoothing periods to identify the most frequent bottom/top areas.
In order not to lose sensitivity, smaller smoothing periods are exponentially more weighted.

The probability score (in %) can be read from the bar height. The arrow-only version of this script also allows to set thresholds to fit your own preferences.

Notice, you can choose from 3 algorithms ([A1] Legacy, [A2] Reactive, and [A3] Probability Score).

Mtrl_Scientist

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Author's instructions

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Mtrl_Scientist

Material Indicators

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