Number indicator used to identify a price point where an uptrend or a downtrend exhausts itself and reverses. It gives you a recommendation where to buy and where to sell
What are we looking at?

A series of nine candles where each close higher/lower than its 4th predecessor candle’s close value

When is there a buy recommendation?

When you see 9 consecutive closes “lower” than the close 4 bars prior
An ideal buy is when the low of bars 6 and 7 in the count are exceeded by the low of bars 8 or 9
Remove from Favorite Scripts Add to Favorite Scripts
Awesome script. Works exceptionally well with a renko chart on 1hr or higher time frames.
Hey, Can I try this script ? Thanks
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out