Timeframes: It takes the user-defined high and low timeframes.
Lower Lows (LL) and Lower Highs (LH) Pattern (15 minutes): Calculates the lowest and highest prices in the high timeframe and identifies a pattern.
Order Block (OB) Identification: Defines the order block in the low timeframe.
Valid Order Block (Cross from opposite side): Determines if an order block...
Explanation:
Detection of Peaks and Valleys: Initially, the RSI (Relative Strength Index) is calculated based on a selected price source. Then, any change in RSI that exceeds the specified percentage threshold is considered a peak or a valley point. These points are visually represented on the chart with green and red triangles.
Identification of Divergences:...
