OPEN-SOURCE SCRIPT
Price Action Top/Bottom
This script is a variation from Auto Fibo retration.
It makrs top and bottom prices. You can use to study the price action.
The user can choose the line color, to show or not, the marks green and red
The user can choose the minimal candles between top and bottom, by default is 17
The deep is the percentage of the diference about the last bottom/top from the previous one.
It makrs top and bottom prices. You can use to study the price action.
The user can choose the line color, to show or not, the marks green and red
The user can choose the minimal candles between top and bottom, by default is 17
The deep is the percentage of the diference about the last bottom/top from the previous one.
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 publication is governed by House rules. You can favorite it to use it on a chart.
Disclaimer
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