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Need help identifying an indicator from a webinar


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I was watching a recent webinar from TopTradeTools on their stoplight strategy and I need help trying to identify one of the indicators they use. They call it TOP Peaks and Troughs indicator, but all they usually do is rename an off the shelf indicator with their own name so I assume this is a generic indicator or at least pretty similar to something off the shelf. It appears to be the relationship between opens, closes, prior up or down close, etc. Any help is appreciated. Here's a couple screenshots from the webby.

https://ibb.co/tXfSY7s and https://ibb.co/ZLbckyp

 

 

 

 

 

 

 

Edited by smartguy
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Guest machete
I was watching a recent webinar from TopTradeTools on their stoplight strategy and I need help trying to identify one of the indicators they use. They call it TOP Peaks and Troughs indicator, but all they usually do is rename an off the shelf indicator with their own name so I assume this is a generic indicator or at least pretty similar to something off the shelf. It appears to be the relationship between opens, closes, prior up or down close, etc. Any help is appreciated. Here's a couple screenshots from the webby.

https://ibb.co/tXfSY7s and https://ibb.co/ZLbckyp

 

 

 

 

 

 

 

Is it possible to install it on MT5 platform?

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