OPEN-SOURCE SCRIPT
Trend Strength Signals Multi timeframe
Updated
This indicator is a companion to the Trend Strength Signals Multi timeframe array, it shows possibly exhausted price levels from which traders are likely to take part of their profits and close positions. The purpose of this script is to estimate market peaks and dips based on how far the price is overextended.
Release Notes
- Added the option to overlay signals from up to 3 different timeframes of your choosing.Release Notes
- Reverted to previous version, stability issues detectedOpen-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 publication is governed by House rules. You can favorite it to use it on a chart.
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