High Accuracy Tops/Bottoms

2022년 9월 30일

This script may be TradingView's most accurate tops & bottoms indicator ever published.

Since it's experimental, I'm going to offer access to it free of charge. Send me a direct message requesting access.

5 years ago I joined TradingView and began studying price and the factors behind what causes bottoms and tops to form as well as how to find them. Fascinated by it, I spent years researching and discovered lot of different concepts that play an instrumental role with tops and bottoms: Market structure, price reactions, S/R , and much more. Through tons of experimenting, I ended up discovering a variety of NEW methods of identifying tops & bottoms. Through the years I've built up a script that has enabled the process for identifying tops and bottoms within the market to be much more convenient.

This is currently experimental and still has a lot of potential for improvement. The objective of the indicator is to help identify absolute tops and bottoms, and so far it does a great job whenever it provides a signal. It works for practically all types of securities, and surprisingly, even if they are in illiquid markets.

This indicator does NOT repaint whatsoever.

Below are a few examples of it across different security types as well as different timeframes:

Bitcoin


Gamestop (GME)


Luna / TetherUS


Crude Oil (Commodities)


Even spanning back centuries:


The indicator should be used for the following:
-Helping find potential entry points
-Timing trades and improving risk management
-Assisting with plotting top/bottom support and resistance levels

-For higher timeframes, use in conjunction with market news or global headlines
-For lower timeframes, use in conjunction with other indicators/trading tools

This is not a buy & sell indicator.. This is a TOOL to help identify accurate entry points and craft decisions based upon it.

Soon, I will be providing an updated version of it. It will include explicit details surrounding how it works and it's functions. My aim is to provide some level of value to the TradingView community in return for the great insight Tradingview and other platforms have insighted me with over price action.