Ultimate ABC Reversal by @DaviddTech

21 sept. 2021

In this indicator we are looking for HH & LL to create an ABC pattern.

Shorts are defined by an ABC pattern.

Short:
* Starting with a low to a Higher High
* Breaking that trend to a new low
* Creating a new Higher High (FOMO HH)
* If the price breaks below the previous HH we have our entry.




Longs:

* Starting with a Hight to a Lower Low
* Breaking that trend to a new high
* Creating a new Lower Low (FOMO LL)
* If the price breaks above the previous LL we have our entry.

Stop loss just above or below the FOMO LL/HH.
Take Profit using a Fib or Risk to Reward.

WARNING:
- For purpose educate only - My mission is to debunk fake strategies with code to find THE ONE.
- Plots EMAs and other values on chart.
- This script to change bars colors.

If you have any questions or feedback, please let me know in the comments.

22 sept. 2021

Notes de version

Made the look more understandable.