OPEN-SOURCE SCRIPT
Updated Top and Bottom
This system try to find Top and Bottom using Donochian channel over Fib Bollinger
You can use the TF to find more (shorter time) or less such events (longer time)
No alert but they are easy to make for such system
The main problem that it work very good when the your asset us more or less stable . but in case of large dumping it will try to find the new low
so be aware on this issue if you make alert to this system
You can use the TF to find more (shorter time) or less such events (longer time)
No alert but they are easy to make for such system
The main problem that it work very good when the your asset us more or less stable . but in case of large dumping it will try to find the new low
so be aware on this issue if you make alert to this system
Release Notes
add PivotRelease Notes
fix some mistakeRelease Notes
add % channel in order to filter unwanted signal, you can set the % you want top or bottom and the signal will be either above or bellow itOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.