OPEN-SOURCE SCRIPT
Extension From Bull Market Support Band [20W SMA & 21W EMA]
The Price Extension Oscillator is a momentum indicator designed to identify overbought and oversold conditions, signaling potential trend reversals in the market.
Initially designed for Bitcoin on Weekly TF, but it can be used with any moving average and any symbol, just analyze the extensions and you will get a clear read on the assets potential reversal values.
Have a great day :)
Much success.
Initially designed for Bitcoin on Weekly TF, but it can be used with any moving average and any symbol, just analyze the extensions and you will get a clear read on the assets potential reversal values.
Have a great day :)
Much success.
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