// Data Provider: Tradingview
// I am not a financial advisor or expert.
// This is my interpretation of this data. Consider this data doesn't represent the whole picture of what is going on!
// If you find some fundamentally wrong thinking about this approach, please inform me.
// I am open to suggestions. I am also looking for answers.
// Use it with a daily timeframe for data consistency.
// You can change or customize the threshold values whatever you want.
* "Mobile" page layout for lighter daily usage.
* more reliable code.
* easy to customize.
I hope you enjoy it.
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.