One more very popular indicator is AZZX LARRY which task by a method of Larry Williams, described in his book "Long-term Secrets, Short-term Work". It is placed in the section Indicators - "Scalping"
at chart it looks as following:
Settings of the indicator:
DEPTH – the number of bars for which the indicator will draw the value. If 0 – extrema will be drawn for all history.
Value of flowers of points of the indicator:
Blue color – the weakest points. Entrances are very risk.
Blue color – strong signals which appear less often, than weak.
Pink color – the best points for an entrance to a line item as the entrance has a minimum risk.
As we see, pink extrema give us excellent points for an entrance to the market. We wish you high profit.