Excellent. The distance between max and min indicates also the available spread between transitions, which are crystal-clear. Entering during transitions and setting trailing stops according to the broaden of gap is extremely useful. Thanks.
Please can you add alerts to this indicator? Thank you.
@Mladen Rakic
What are some ways to interpret the dotted lines?
Thank you for providing this indicator, great work!
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Instantaneous trend line - levels:
Instantaneous trend line - using levels for signals filtering
Author: Mladen Rakic