This indicator helps determine the exit point of a play. Lots of green candles making you money? Got one red candle and now you're worried if this is the top? Check this indicator! A red arrow helps confirm that bearish pressure is rising while bull pressure is declining, and this may be your chance to exit. Works the opposite way for short plays, giving a green candle to help confirm the bottom.
This indicator was written to help educate members over at OptionsPlayers.com
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. Você pode favoritá-lo para usá-lo em um gráfico.
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