HFX321
When used with other indicators such as the Stochastic RSI, support, resistance and trend lines, it can increase the possibility of a trend reversal being identified. On shorter time frames the alerts are much more frequent therefore can be less accurate so other indicators may be used.
It will show an alert Arrow (green) pointing UP for the First Candle after a pivot LOW (LL, HL) that could indicate a trend reversal.
It will show an alert Arrow (red) pointing DOWN for the First Candle after a pivot HIGH (HH, LH) that could indicate a trend reversal.
The Colour changes on the Moving Average from Red to Green and green to red to support a trend change possibility.
This has been designed to provide a visual confirmation that selected indicators have met certain criteria and that the trend has the possibility of reversing in the near future.
It is NOT meant to be a trading system or offer trading advice. The indicator offers only possibilities of trend reversals when the above criteria is met.
This is designed for Trend analysis ONLY.
To gain access to this invite only script, please send me a private message on Trading View so I can assist you further.
Thanks Les Gallagher
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact Lesgallagher247 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact Lesgallagher247 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.