It is not based on other indicators.
Then I have written long conditions to check for signals.
So the bottom indicator is not an indicator anymore.
It is a bunch of calculations that can mean something and nothing.
I am doing pattern analysis.
Searching for hidden patterns that they repeat.
This pinescript is a draft.
I cant give something out that is not tested yet.
I am in the phase of checking my observations if they can come true.
When the script is finished I plan to license it per month.
I think is a fair deal.
I am doing data time series research almost 20 years now.
I have my own ideas that I test in practise.
@Vincenzo111 You could tell me what instrument you would like me to check.
Then run my script and publish the results.
I am trying to create value added tools for financial markets,
trading view platform
for general public use and or customised personal use.
Your opinion matters. Tell me what you think.