The Countdown Indicator. A New Tool in Contrarian Trading.
Presenting One of My Top Proprietary Indicators in Python.
Research always has its fruits and through the huge number of trading tools, we have to be efficient at filtering the good from the bad. Contrarian Indicators exist in many forms and in this article, we will discuss a personal indicator that I have developed a while ago. It is based on the concept of pressure and is used to detect reversals and corrections.
I have just published a new book after the success of New Technical Indicators in Python. It features a more complete description and addition of complex trading strategies with a Github page dedicated to the continuously updated code. If you feel that this interests you, feel free to visit the below link, or if you prefer to buy the PDF version, you could contact me on Linkedin.
Creating the Countdown Indicator Step-by-Step
The Countdown Indicator have been created in order to include the totality of the OHLC data inside a…
