OPEN-SOURCE SCRIPT

Dumb Indicator 17 - Retracement and market directions

This indicator shows when the market is oversold or overbought changing the bar colors as the High+Low/2 going to extreme.

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.

Want to use this script on a chart?

RodrigoKazuma

Feel free to share your success with me: 🤑👍
BTC - bc1qq23w655arvclce7u8zkt4lag08fnctgccs9s9s
ETH - 0xf6cf166Ea5EC550372e179dB1AF579a29Cb91dDf
USDT - 0x8DbC0E889Afb3bec7241eD0E42429A612aa30015 - (ERC20)

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