Here is the Version 2 of the TVI indicator posted earlier. This is inspired from the Value Charts Indicator. Version 1
Version 1 - Updates include Better Optimization on the levels. Plotting only the important Highs and Lows The extremes can be an important pivot levels. Over and Undervalue - Gray (Column - close) (Histogram - High/Low) Extreme conditions - Red Extreme Alerts and Overlay will be added later.