By using this non-painting indicator ,price will meet two levels (ََAT LEAST) , EVERY non-sharp Trending DAYs .
Time frame: Daily
Test it , Trust it.
How do you trade it?
In sharp Up trend Days, use from Red-Line and above Magenta-Line.(deterministic level)
In sharp Down trend Days, use from Red-Line and below Magenta-Line.(deterministic level)
In Range Days, use from above Magenta-Line and below Magenta-Line.(deterministic level)
in the Opening of Daily candle these Lines are drawn and Guide trader to trade between these 3 Lines ,as, Daily candle cross at least two line every days.
you can see past days result, in your chart that shows
up to 70% , both Magenta-Lines are crossed.
strategy (1): simply, Hedge in the Opening price between two Magenta-Lines, and tp=Magenta-Lines price.( As price meet both)
strategy(2):in the opening of Daily candle , if opening price is above Red-Line , sell ,tp=Red-Line,and if opening price is below
Red-Line, buy,tp=Red-Line.(up to 90%)