This technical indicator detects constant price zones and draws resistance and support lines.
It checks the market movement for any market and any time frame. If a bar is not abnormally large, the indicator checks back and searches for other bars within the same price zone.
If enough candles are found, it draws lines on this level. The lines will continue till the next zone is identified.
The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.Average Directional Movement Index (ADX)
The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.
Automatically draws Fibonacci retracements on chart.Example of A Simple Breakout Trading Robot
Example of a simple breakout trading robot. There are a lot of breakout methods, but this is the simplest one as I think. Please see the attached images to visualize what is the breakout trading...