Arun_K_Bhaskar

Angle & Price Flow

This is a simple end of the day indicator based on open and close values.

Angles:
Identifying narrow angles helps to find breakouts
Maximum angle = High chance of reversal
Minimum angle = Chance of breakouts on the next day or upcoming days.

Price Flow:
I personally use price flow to simplify the flow of candlestick chart and to identify breakouts using rounding bottoms and rounding top patterns, sharp corners for reversals.

Features:
Multi time frame
Labels
Hide previous period

Combine it with other indicators for better result.
Remove from Favorite Scripts Add to Favorite Scripts

Comments

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