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ChrisMoody
Nov 3, 2014 2:50 PM

CM_Laguerre PPO PercentileRank Mkt Tops & Bottoms 

SPDR S&P 500 ETF TRUSTArca

Description

Custom Code that Finds Market Tops & Bottoms!!!

CM_Laguerre PPO PercentileRank V2 Mkt Tops & Bottoms

Original Laguerre PPO code was Created by TheLark.
Special Thanks to coondawg71 and ChartArt for Great Insights

This Is Version 2 Of This Indicator that now Finds Market Tops and Bottoms.

Coming Next…Upper Indicator Pinpointing Entries Based on Price Action!!!

See Original Post Below For Detailed Information.
tradingview.com/v/jVe9imdO/


Other Indicators That Show Market Bottoms Well.

CM ATR PERCENTILERANK - GREAT FOR SHOWING MARKET BOTTOMS!
tradingview.com/v/2RhmbBnD/

GREAT CONFIRMING INDICATOR FOR THE WILLIAMS VIX FIX
tradingview.com/v/bxaCH5Hx/

TWO TRADING SYSTEMS - BASED ON EXTREME MOVES!!!
tradingview.com/v/JsSRmpBa/
Comments
JMoD
First of all thanks a lot for this indicator but I'm kind of confused on how to use it so is there a guide on how to use this some where? Also when I use this I don't get those colored columns going from top to bottom like you have in your picture above to indicate the candle is that something I can turn on if so how? Also is there a best time frame to trade with this or will anyone do? Anyways thanks in advance love your Enhanced Ichimoku Cloud also it has helped me a lot I'm still new to trading so I'm still trying to learn.
dpanday
Hi, Can you add signals for entry and exit point somewhere in the green and red zones?
self2point0
Great Indicator. Thank you for your work. I'm new to learning Pinescript and wondering if you have any guidance as to how I might combine this script with your Ultimate MACD MTF indicator so that alerts fire when there is a market bottom AND a Bullish MaCD (and the opposite for shorts). I've been trying but keep getting errors and I can't seem to get it working. Cheers man
ChartArt
Well, thank you for coding all these cool indicators in the first place. I guess I speak for everyone here when I say that you are an invaluable asset to the TradingView community.
ChrisMoody
That was all you guys...Alls I did was Invert the Histogram....
ChartArt
And that was solely coondawg71's genius simple idea. I only tested it and shared my screenshots. Thanks for creating this new version.
ChartArt
I recommend to combine this script with Chris Moody's other scripts for even greater confirmation, for example:


Williams Vix Fix
tradingview.com/v/og7JPrRA/

Parabolic SAR
tradingview.com/v/X2mAbFxu/


Triple confirmation of a market bottom:
A-shot
Is there a difference between parabolic sar and updated heiken trend bars changing colors?
IvanLabrie
Both look decent, heiken seems to change a bit before...
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