TON Bot

This script is based on mathematical calculations of the average price on a chart for a certain period of time. And it shows the impulse moments on a U-turn.

It is recommended to use an indicator (script) using a chart with a time frame of 1 hour. On other timeframes, you can also use it for medium-term trend trading and change some settings.

The indicator (script) is well suited for intraday trading strategy, scalping and short-term medium-term. Inside the day, on the 1 hour timeframe, the indicator determines high and low price values. You must also take into account the direction of the trend on older timeframes, since in the lateral movement the flat indicator can (locally) mislead you.

An interesting characteristic of this (script) bot is the ability to configure alert alerts from the chart in the Telegram channel, that's why it is called that.

Recommended for use with additional technical analysis tools.

Before applying this indicator, be sure to study its behavior on the history of the chart!

Versionsinformation:

Changes have been made to the code and additional improvements have been added! I am conducting beta testing for further indicator updates.

A linear regression channel was added, the activity step was changed, fractals were added and redundant elements were removed.

Versionsinformation:

Updated the maximum number of bars of historical data that can be referenced by the built-in variable