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Extreme Top & Bottom Finder Indicator

Extreme Top & Bottom Finder Indicator

featured indicator

Features -

  • Best for DCA (Dollar Cost Averaging) at the the Bottom or Top prices of an asset before there is Trend Reversal.
  • Best to watch for divergences to predict a Price Reversal.
  • Provides the Cleanest entry zone to enter a long or a short.
  • Easy to watch when to Buy and when to sell with the oversold and overbought line respectively.
  • Leverage traders can get “the best entry” using this indicator in conjunction with
    Scalp God Indicator.

Specification -

  • Provides data in Real Time with processing capacity of a Leading Indicator.
  • The components in it’s code helps to provide a very smooth curve of the main oscillator and responsiveness to overbought/oversold levels that play a major role in Trend Reversals.

Overbought Line:

  1. Color coded Red with a marked level of -20.
  2. Whenever the main oscillator crosses above this Red Line, this should be your ideal Take Profit Levels on Longs.
  3. Futures trade can validate a short entry by confirming it from the Scalp God and OBV Simplified indicator.
  4. A good short setup would be validated when the oscillator makes of high in the -8 to -10 region on lower time frames and -8 to -15 region on higher time frames and confirming it from our Scalp God indicator. Shorts are always risky setups in trending markets, hence only if you are sure there is trend exhaustion then you can have the best entry with our indicator.
  5. Always use Trailing Profits to maximize your accuracy and gains.

Oversold Line:

  1. Color coded Green with a marked level of -80.
  2. Whenever the main oscillator crosses below this Green Line, this should be you ideal Take Profit Levels on Shorts.
  3. On crossing this level, and confirming from other indicators in the suite start to DCA (Dollar Cost Averaging) on the asset.
  4. For the ultimate bottom to Long/Buy wait for the indicator to bottom out in the -85 to -90 region and start watching from confirmations from other suite indicators.
  5. Always use Trailing Profits to maximize your accuracy and gains.

Future Updates -

  • Automatic Divergence Plotting.
  • Take Profit levels on both longs and shorts applied directly on Chart.
  • Plot overextended Upward and Downward movement directly on Chart.

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