yosh118

Cold heart reversal with alerts

This will help you find reversal point pinpoint to its candle actually crossed the lowest or highest in the overbought and oversold zone (stochastic 9,3,3)

Various input parameters are defined . These inputs allow the user to customize the lookback period which is the number of candle before the low or high, Stochastic length.
User can also define their own high and low values that will plot on the chart.

It will be super convenient for traders who want confirmed price closed that is actually its significant point.

I used barstate confirmed in this code so you don't have to worry about repaint
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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