Trend Checkpoints — Indicator by AndresVasconez

oscillator centeredoscillator trendanalysis divergence trendcontinuation

Trend Checkpoints reversals

Green :
1-Trend meter 3 green oscillators
2- Stochastic Rsi going down from 100-75
3- Stochastic Rsi with red background (optional on settings)
4- Price action above

Red :
1-Trend meter 3 red oscillators
2- Stochastic Rsi going down from 0-25
3- Stochastic Rsi with green background (optional on settings)
4- Price action below

Release Notes:

Added multiple features
-Updated to @version=4
-Momentum Algorithm ( green/ red ) flags
-Red diamonds = momentum going downwards
-Red squares = red diamonds + Vwap below 0
-Yellow X = momentum going downwards below 0 ( dump continuation)

Notes:
- works in any TF, but works best on 4h charts
-Recommended to switch in Between algorithms depending on a trending/ranging market to maximize profits and avoid fake signals
( using " momentum algorithm" when trending and " without green/red stochastic Rsi background' when ranging)

Release Notes:

-Fixed the alerts for the green/red flags ( alerts were reversed)

Release Notes:

Added blood diamond + alerts

Invite-only script

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