This is an indicator I was developing over the last year. Over some extreme testing and good test results. I am confident to add this to the pool of my indicators.
Yes, this is a protected script. Contains some intensive research.... and every value here is manipulated to fit a general context. Therefore, treat this just like any of my indicator.
If you want to know further about how i use. comment below......
@Automation123, Change the default color for the candles to Black.
CapitalIndia
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@UDAY_C_Santhakumar, How to interpret this ? If this indicator's candle is red while the standard candlestick is green, does it mean a reversal ?
Dr_Jack_Mehoff
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Thank you very much for sharing this. I was playing around and my interpretation is that if the candle is shaded green despite being red it is a high probability to bounce?
I was wondering if it would be possible to be able to toggle the probability to a manual input for example like 95 so it is set at a 95% probability? Thanks and happy new years.