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Dynamic Support Resistance 5 collects "data points" where price is most congested and plots the support and resistance lines. Inputs TF - Time Frame Clr - Colour of lines DropBack - Lines properties Style - Line style Lines - Number of line to display Count - Number of data points to collect Proximity - Express in pips, merge the data points in the region Distance - Express in pips, the distance between lines
The product compares currencies across multiple pairs. You need to have the following currency pairs for this indicator to work.The Strength Meter shows a strength of AUD, CHF, EUR, GBP, JPY and USD. AUDCHF AUDJPY AUDUSD EURAUD GBPAUD CHFJPY EURCHF EURGBP EURJPY EURUSD GBPCHF GBPJPY GBPUSD USDCHF USDJPYIf you do not have any of the above pairs, the calculation of the strength will be off. Inputs TimeFrame - timeframe to use for MA MA_Period
Tails is an indicator that predicts where the price will rebound and reach in a day candle. This is to be used in time frame below D1. By default, the indicator will plot 2 Support and Resistance lines. If needed, you can set the Extended_Levels to true to show 3 Support and Resistance lines. Input Parameters Extended_Levels - show extended levels in the chart; Clr_Support - color for the support lines; Clr_Resistance - color for the resistance lines; Clr_Seperator - color for day separ