hello
I need an Indicator to detect turn in market direction, as well as the starting and ending of market cycles.
X-points Indicator is a VTL indicatopr which marks the reversal candles with blue and red arrows. This indicator can be used with other indicators for confirmation of trend reversal. This is based on an upper band, lower band and price location relative to this band. X-points indicator warns of possible trend reversal in advance. It can be used as a stand alone trading tool or in combination with other strategies.