Thanks to Chris Moody for writing the code, and emailing it to me. This is one of many reasons, I respect him. In this code, All I have defined was the Trend up and down. The few cosmetic touch is actually a lot.
After I had few comments with B-S on charts, I changed them to Arrows.
I use this to trade Oversold/Overbought Conditions from the UCS_Momentum Oscillator. I have not back tested this system yet.
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 publications is governed by House rules. You can favorite it to use it on a chart.
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