Market Sniper

Welcome to Market Sniper!

This indicator attempts to catch market tops and bottoms based on the market being extremely extended in its respectful direction. It combines a Triple Stochastic RSI as well as MACD convergences to strengthen the signal. A standard RSI can also be shown if needed.

Highlighted green means that you are moving towards a potential bottom.
Highlighted red means that you are moving towards a potential top.

An arrow will signify that the direction of momentum has changed.

If you see the same colored bar below the highlighted area, price is converging; strengthening the original signal.

This indicator is extremely user-configurable. Just take a look at the settings as they are self explanatory.