Indicators: Simple_Support_Resistance

[Automated-Trading]

Simple_Support_Resistance:

An indicator of current support/resistance levels.

The indicator has two input parameters:

• Period - calculation period (* the range for the calculation of maximum and minimum prices);
• Lines length - the length of the Support/Resistance levels.

* The larger the Period, the wider the area between the support line and the resistance line.

Author: Scriptor