Top Bottom Indicator - TBI
Top Bottom Indicator (TBI, original idea by ceyhun): measures how far price is from its recent lowest low and highest high to spot exhaustion at tops and bottoms. Long after a bottom signal, short after a top signal, with an optional 50-line filter. Options: cross confirmation, background colouring and inverse signals. DaviddTech boilerplate with Heartbeat Long / Short outputs.
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Try Top Bottom Indicator - TBI
Open in the terminalGet accessAdd it to your chart, back-test it on any pair, compare it with other strategies, forward-test it on paper, or run it as a bot.
Back-tests and forward tests are simulations; past results do not predict future ones. Nothing here is financial advice. Trading carries a high risk of loss.