Rounded Bottom

Rounded Bottom Indicator

This oscillator is creating specifically for people trading on Equal low.
Since there are different kinds of equal lows on the charts, for instance there is something called a double bottom, then there is another one called a triple bottom and then comes two similar candles with bottoms at the same length but does not have a pattern like the ones mentioned above.

This oscillator will help the beginners to even the advanced traders to trade all sorts of equal low patterns with ease and which does not need any experience at all if the guidelines are followed properly and accurately.

The oscillator has similar functions as RSI or stoch RSI but in reality the purpose of use is totally different and much more precise and controllable in comparison with normal oscialltors such as RSI.

When the oscillator reaches the level 80 it is usually the sign that the reversal is near.
We wait for the oscillator to break out of level 80 which works as a confirmation that the price is likely to move to the upside. Now that the confirmation is there, we also need to wait to see if there will be an equal low pattern on the chart. If we find a pattern whilst the oscillator is moving out of 80 to the upside, we are safe to go long.

The rewards can be unimaginable.

This increases the accuracy upto 80% as shown in the charts.
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Procedure

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