Bursts And Arrows

18 ביוני 2019

This indicator plots the major points possible points of reversal in the market

28 באוג׳ 2022

הערות שחרור

Updated Script To Conform With House Rules

How to use this indicator
This indicator uses 2 level stress detection setting to come up with points that are likely to reverse.
When the shapes are printed, the market is likely reversing or facing a stress in one direction and soon it is going to reverse to the opposite direction

Theory:
You have 2 tennis balls with different sizes. Before a tennis ball bounces back from the wall, it faces a compression and the size, material and speed affects the compression of the ball.