KK Climax is an indicator that overlays colored circles on the chart to signal areas of
“intense counter-volume activity.” It represents moments of potential climax (such as a
“clash” of upward and downward pressures).
The “KKClimax” is an indicator designed to highlight areas on the chart where retracements or trend
reversals may occur. These zones are marked with colored circles that appear near the price, without
providing specific buy or sell indications.
The indicator allows customization of several parameters:
VOL: determines the length of the average used for the calculation.
Source: selects the type of price to analyze (default: close).
Exponential: enables or disables the use of the exponential average.
MODE: allows choosing the band calculation method between “Average True Range,” “True
Range,” or “Range.”
ATR: ATR length.
Length Slope: length used for slope calculation.
Steepness Slope: slope threshold beyond which signals are ignored.
Highlighted Areas:
These areas are divided into three intensity levels, each characterized by a customizable color:
Upper levels:
o 1st level (orange)
o 2nd level (red)
o 3rd level (fuchsia)
Lower levels:
o 1st level (lime)
o 2nd level (green)
o 3rd level (blue)
