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DeMark Indicator, good for 1H and 4H charts, especially currencies
Green for buy, Red for sell
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study(title="JV", shorttitle="DeMark", overlay=false)
buy91 = close < close[4] ? 1:0
buy92 = buy91 ==1 and buy91[1]==1 and buy91[2]==1 and buy91[3]==1 and buy91[4]==1 and buy91[5]==1 and buy91[6]==1 and buy91[7]==1 and buy91[8]==1 ? 1:0
buy9p1 = buy92 == 1 and (low[1] < low[2] or low[1] < low[3]) ? 1:0
buy9p2 = buy92 == 1 and (low < low[2] or low < low[3]) ? 1:buy9p1
plot(buy9p2, style=histogram, linewidth = 4, color=green)

sell91 = close > close[4] ? 1:0
sell92 = sell91 ==1 and sell91[1]==1 and sell91[2]==1 and sell91[3]==1 and sell91[4]==1 and sell91[5]==1 and sell91[6]==1 and sell91[7]==1 and sell91[8]==1 ? 1:0
sell9p1 = sell92 == 1 and (high[1] > high[2] or high[1] > high[3]) ? 1:0
sell9p2 = sell92 == 1 and (high > high[2] or high > high[3]) ? 1:sell9p1
plot(sell9p2, style=histogram, linewidth = 4, color=red)
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