AGAIG Stop and Reverse Indicator For ThinkOrSwim

[csricksdds]

AGAIG STOP AND REVERSE INDICATOR​

This is a new non-repainting indicator. The labels S & R are meant to STOP a Trade at that point (if one is in place) and enter a REVERSE trade at that point. The stop label is for placing hard stops should you wish to do so? I made trend arrows for the first six candles after a turn in direction.
Indicator Link: http://tos.mx/!gKriNDqq

It includes:

» Two Bubbles — white S&R below bar on bullish flip, above bar on bearish flip​

» Three Labels​

▸ S&R — candle count, shifts light at 10​

▸ Trend: LONG/SHORT | Stop: x.xx — shifts light at 10​

▸ ATR(14): x.xx — gray, volatility reference​

Every section in the code has plain English comments explaining what it does and why — handy if you ever come back to tune it later.

I think you will like this one for entries and exits.