This indicator finds the minimum and maximum values within a set time period. Crosses of these minimum and maximum values are noted with the green/red background colours.
The indicator also produces a "cloud", which is generated through the 0.382 and 0.612 points between the two maximum and minimum lines.
Settings: Entry Period: Time period the indicator checks for min/max points. Exit Period: Currently Redundant, but may be updated. Sensitivity: Needed as a leeway for how close a value needs to be to a min/max for it to be considered a cross. I recommend keeping this at default.
This one has made a permanent home on every one of my charts. I made a triple parabolic weighted 200 MA and in combination with this one it's a killer combo.
Thanks for putting it together. Love this script. Good job man
Thanks for putting it together. Love this script. Good job man