PROTECTED SOURCE SCRIPT
Updated

Peak/Bottom Detector ver 1.0

58
This is an Indicator which can be used to detect Bottoms & Peaks of a Stock.

HOW TO USE:
This works on the concept of Relative Momentum, so you need to input the 'Relative Symbol' in the Input configuration. For Indian markets its better to use 'Nifty50'.
But if you plan to use for US market, you can set this to 'SPX'.

This works best in Chart set for Daily Time Frame.


Work In Progress:
This is still a 'Work In Progress', & in ver 1.0. I will be making improvements based on feedback and further study.
Release Notes
Changed Chart to ADANIPORTS

Disclaimer

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.