This script is based on my "Significant Reversal Strategy".
In this strategy I use concept of of .
So for PoP I require that highs point should have 2 lower highs points around them and low 2 higher lows points.
Transparent lines represent usual levels ints.
Not transparent lines represent of levels.
Link to original script:
Pine Programming v5: https://qntly.com/pineprog
Adv.Pine Use-Cases: https://qntly.com/advpine
Access to Pro Indic.: https://qntly.com/proind
Hire Me: https://qntly.com/hirepine
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.