PROTECTED SOURCE SCRIPT

Fake-Out Indicator

Updated
This indicator was built for a client. PM me for code access.
The signal comes from the "RailRoad" candlestick pattern breaking a support/resistance level, which typically indicates price will respect that level.
Release Notes
Fixed a bug where a short signal would be produced instead of a long.
Increased consistency of threshold calculation.
Release Notes
  • Removed password protection
  • Cleaned up code formatting
  • Added (some) comments
patternsrTrend Analysis

Protected script

This script is published closed-source and you may privately use it freely.

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