OPEN-SOURCE SCRIPT
%R Trend Exhaustion + Bottom et TOP
Indicator Description
This indicator identifies bullish reversal zones (Bottoms) using the Williams %R, combining momentum structure with trend context.
A Bottom signal is displayed as a blue dot on the price chart when the following conditions are met:
the overall trend is bullish (fast Williams %R above slow Williams %R),
the fast Williams %R (21) exits the oversold zone by crossing above the −80 level,
the previous momentum was weaker, indicating a gradual improvement in momentum.
The indicator is designed to highlight potential entry points after bearish exhaustion, favoring setups where selling pressure fades within an existing bullish structure.
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。