Normalized oscillator displayed as a histogram.
J_TPO output signal lies within -1...+1. The indicator itself is similar to RSI. Trend reversal signal borders are usually located at levels -0.5 and +0.5.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/764
The indicator calculates forecast prices of the daily price range. It shows resistance and support levels of current day using the prices of the previous day.BuySell
This indicator shows the "ultimate support/resistance" levels of current trend. Trend changes is shown with color rectangles, trend direction is shown with colored dots.