Top G indicator [BigBeluga]

3. Jan.

Top G Indicator [BigBeluga] is a straightforward yet powerful tool designed to identify market extremes, helping traders spot potential tops and bottoms effectively.

🔵Key Features:

• High Probability Signals:
• 𝔾 Label: Indicates high-probability market bottoms based on specific conditions such as low volatility and momentum shifts.
  
• Top Label: Highlights high-probability market tops using key price action dynamics.
  
• Simple Signals for Potential Extremes:
• ^ (Caret): Marks potential bottom areas with less certainty than 𝔾 labels.
  
• v (Inverted Caret): Signals potential top areas with less certainty than Top labels.
  
• Midline Visualization:
• A smoothed midline helps identify the center of the current range, providing additional context for trend and range trading.
  
• Range Highlighting:
• Dynamic bands around the highest and lowest points of the selected period, color-coded for easy identification of the market range.
  

🔵Usage:

• Spot Extremes: Use 𝔾 and Top labels to identify high-probability reversal points for potential entries or exits.
  
• Monitor Potential Reversals: Leverage ^ and v marks for additional signals on potential turning points, especially during range-bound conditions.
  
• Range Analysis: Use the midline and dynamic bands to determine the market's range and its center, aiding in identifying consolidation or breakout scenarios.
  
• Confirmation Tool: Combine this indicator with other tools to confirm reversal or trend continuation setups.
  

Top G Indicator [BigBeluga] is a simple yet effective tool for spotting market extremes, designed to assist traders in making timely decisions by identifying potential tops and bottoms with clarity.

6. Feb.

Versionshinweise

size of the signals "v" and "^'