OPEN-SOURCE SCRIPT
DP's Countertrend Indicator
Shows your potential profit by going short(red)/long(green) against the current trend, use with you favorite entry/exit method for maximum effect, can be adjusted for share cost and commission.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Disclaimer
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