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This indicator finds local extremes and indicates the beginning of a new short-term trend. A great tool for intraday and short-term trading.
The indicator finds the likely pivot points of the price and shows them on the chart with asterisks. After confirming the reversal, arrows are displayed on the chart that serve as Buy and Sell signals.
Both asterisks and arrows are formed only after the candle or bar closes. This reduces the number of false signals and significantly increases the a