PROTECTED SOURCE SCRIPT
LVG Reversal Indicator
LVG Reversal Indicator:
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Shows potential reversal spots.
How to use:
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Works best on low time frames and markets that are trading sideways.
If a potential reversal has been reached it plots a green or a red dot under or above the candlestick .
Green dot = potential buy opportunity
Red dot = potential sell opportunity
If the signals get ignored the market is trending and a big reversal can be expected at the end.
The scripts plots the signals at the opening of the candle.
Does not repaint.
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Please leave some feedback in the comments.
Use this indicator at your own risk.
-----------------------------------------
Shows potential reversal spots.
How to use:
-----------------------------------------
Works best on low time frames and markets that are trading sideways.
If a potential reversal has been reached it plots a green or a red dot under or above the candlestick .
Green dot = potential buy opportunity
Red dot = potential sell opportunity
If the signals get ignored the market is trending and a big reversal can be expected at the end.
The scripts plots the signals at the opening of the candle.
Does not repaint.
------------------------------------------
Please leave some feedback in the comments.
Use this indicator at your own risk.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.