PROTECTED SOURCE SCRIPT
Chameleon indictor ║Tops and bottoms

- 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
- 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 prensa
Modifed calcualtions now its only one lineScript protegido
Este script se publica como código cerrado. However, you can use it freely and without any limitations – learn more here.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Script protegido
Este script se publica como código cerrado. However, you can use it freely and without any limitations – learn more here.
Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.