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VARSLineAllTF

Indicator of horizontal support and resistance levels. When calculating levels, all available time intervals are used. The indicator does not require any settings affecting the search algorithm levels. Levels are adjusted as new bars are formed.  The indicator provides for the possibility of issuing a warning to the trader in case of a false breakout of the level and when the level is broken by a strong impulse.

Parameters:

  • Resistance Color - color of resistance levels;
  • Support Color     - color of support levels;
  • Text Color          -  text color;
  • Alert                   - enable or disable issuing alerts to the trader.
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