Indicators: DinapoliTargets

 

DinapoliTargets:

The indicator draws a grid of possible future levels of price. The idea of working with the indicator is the following. Once a local maximum (minimum) has been determined several horizontal lines will be drawn. Pink line is an entry point, the following lines in its direction are targets. The first one is the most reachable. Red line is a stop line.

Author: Nikolay Kositsin

Fig.1. The DinapoliTargets indicator