[JOHN] KNIFE CUT
This indicator work in sync with SUPER BOSS , check it.
KNIFE CUT
You can consider this as "BUY THE DIP" that is the best part of it. "BUY WHEN THE AREA IS BACK TO GREEN".
Is a special indicator with 2 metrics you can use for be a better trade and stop losing money entering useless positions.
This indicator can:
The Area in the center measure "Market cycles" check below, and "BUY PRESSURE", check the reaction with the price action, impressive? i know.
About the bars green or red, are trend bars, compare it to the price action and you can see that these bars catched all uptrends and downtrends.
(you can change also resolutions of background bars, current H4 resolution if you watch lower timeframes.)
*BUY PRESSURE / TREND BACKGROUND BARS
*MARKET CYCLES
This script work with every exchange and pairs, also forex.
See price history.
You not believe? i believe.
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact PeaceOfShiette directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact PeaceOfShiette directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.