kvak wrote: Thu Jul 18, 2024 8:45 am
Hello, sorry for delay
Here is new version.
This indicator have wpr function and you are able to choose price for calculation...
Also added Fl/Qua levels.
Dont forget if you use hard levels change OBOS to -20/-80.
Very clever way to use negative level of WPR to switch between 2 coloring modes for neat option boxes.
I think this indicator for long period would be great for joining the beginning of reversal trend from OB/OS level, and even pullback if there is some strong confirmation.
With short period, some potential reversal point can be missed when divergence occurs and wpr cannot reach to ob/os level, thanks to long period of fl this can be partly overcome, plus the setup of divergence from 2 break point (either from ob/os or fl level) can predict major reversals.
Thanks alot for your amazing work kvak!

One more thing, can i ask for the middle line of fl/quant level?

Don't mind me. I'm just walking around!