a_b_c_x

Stoch_BBW_inv

Top signal: reaches -100 when the color is yellow
Bottom signal: reaches -100 when the color is red

This script calculate a stochastic oscillator of BBW, and defines a top and a bottom as its highest in N bars.
Open-source script

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.

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.

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