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LVG Reversal Indicator

LVG Reversal Indicator:
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Shows potential reversal spots.


How to use:
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Works best on low time frames and markets that are trading sideways.

If a potential reversal has been reached it plots a green or a red dot under or above the candlestick .

Green dot = potential buy opportunity
Red dot = potential sell opportunity

If the signals get ignored the market is trending and a big reversal can be expected at the end.

The scripts plots the signals at the opening of the candle.

Does not repaint.

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Please leave some feedback in the comments.
Use this indicator at your own risk.
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Script protegido

Este script se publica con código cerrado, pero puede utilizarlo libremente. Márquelo como favorito y podrá usarlo en un gráfico. El código fuente no se puede ver ni modificar.

¿Quiere utilizar este script en un gráfico?

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