divergence software, inc.
Development & Consulting Services
Product Detail
Midas Top/Bottom Finder
TradingView indicators will be activated for your TradingView account and no installation is required. eSignal indicators will be delivered to you via email in zip files. Some of the more complex indicators have installer programs. In most cases we will require your eSignal username so that we can set up the entitlement for the indicator(s) you have purchased.
The majority of our indicators are licensed for a one-time fee (i.e., non-recurring). However, we do have some subscription-based products, including marketDirection Monitor, Harmonic Pattern Collection, and S/R Analyst Pro.
Description
This indicator is designed to be used in conjunction with our Midas S/R Lines indicator (PIV10) and allows you to create and adjust up to five Midas Top/Bottom Finder support/resistance curves in any chart. The Top/Bottom Finder is based on Levine's belief that each trend has a fixed amount of "fuel" (cumulative volume) and as the trend develops it will follow the curve of the Top/Bottom Finder plot. When the "fuel" is consumed then the trend is over and prices will likely move to the Midas curve. This is one of the few (if not the only) fully-automated Top/Bottom Finder tool on the market. Requires eSignal Username upon purchase.
Specifications
- Product ID: PIV12
- Study only, no source code provided
- Requires eSignal 12.x or newer