PROTECTED SOURCE SCRIPT

Chameleon indictor ║Tops and bottoms

5 466
- This indicator uses a modified type of ADX, that offers a cleaner layout and improved signals. The indicator can be used by traders to identify possible tops, bottoms and changes in trends

- If the purple line moves downward after having been inside of the red line signals that a security possibly can have reached the bottom

- If the purple line moves upward after having been inside of the green line signals that a security possibly can reached the top

- The middle acts as a confirmation of the signal

// I have drawn lines on the chart to give examples of what the signals look like
Notas de Lançamento
Modifed calcualtions now its only one line

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.