Specification
1) As the indicator given presents a line of resistance or a supporting line, the point (SHIFT=1) equivalent to the former line of resistance or the former supporting line is not marked.
However, remembering the position of SHIFT=1 must be necessary.
2) It has to be found the point equilibrant to the former line of resistance or the former supporting line by using the principle that the indicator given makes a line of resistance of a supporting line.
This will be shown the difference between the former point (SHIFT=1) and the current point by the visual way immediately when the indicator is conducted on MT. (It will be explained more by the picture later)
3) If the current high point will be renewed by overcoming the former high point, High 1 or High 2 on the indicator will play a role as a line of resistance and will be placed by re-computing depending to the renewed higher point.
4) If the current low point is renewed in a downward by breaking through the former point, Low1 or Low2 on the indicator will play a role as a supporting line and will be placed by re-computing depending on the renewed lower point.
***Note: When 3) or 4) is happened after being shown by the principle of 2), it shouldn’t be happening to have the errors with the moment when the new point is completed (SHIFT=1). It may be the worst condition if it is substituted to the new point (SHIFT=1) where is completed by 3) or 4), when it is marked on the chart by the principle of 2).
Therefore, the point where is generated by the principle of 2) should have few errors, for this, the given indicator has to precisely understand the computing principle for making a supporting line or a line of resistance with High1, High2/Low1, Low2.
Please, apply for it, if only you definitely understand above.
For more information, I will inform you later with attached document file.