Leg Out & Indecision — Indicator by sergaral

Displays Leg Outs & Indecission Candles.

Parameters can be adjusted:
- Length: the number of candles used for calculating the AVG body.
- Legout Scale: the scale factor of the legout based on the AVG. of previous lenght candles
- Indecission candles: Indecission candles which body are lower than % range of the candle

Release Notes:

Better annotations for Users

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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