Ultimate ABC Reversal by @DaviddTech

21. Sept. 2021

In this indicator we are looking for HH & LL to create an ABC pattern.

Shorts are defined by an ABC pattern.

Short:
* Starting with a low to a Higher High
* Breaking that trend to a new low
* Creating a new Higher High (FOMO HH)
* If the price breaks below the previous HH we have our entry.




Longs:

* Starting with a Hight to a Lower Low
* Breaking that trend to a new high
* Creating a new Lower Low (FOMO LL)
* If the price breaks above the previous LL we have our entry.

Stop loss just above or below the FOMO LL/HH.
Take Profit using a Fib or Risk to Reward.

WARNING:
- For purpose educate only - My mission is to debunk fake strategies with code to find THE ONE.
- Plots EMAs and other values on chart.
- This script to change bars colors.

If you have any questions or feedback, please let me know in the comments.

22. Sept. 2021

Versionshinweise

Made the look more understandable.