Market / MetaTrader 5 / Indicators /

Levels of Swing Market

30 USD

Demo downloaded: 7

Published: 8 December 2021

Current version: 1.0

Levels of Swing Market

Indicators
Alessandro Fucelli
Alessandro Fucelli
Programmer at Perugia

Italy

227
Hi everyone, I am computer programmer since 2000, I like technical analysis too. So, I wrote some expert advisor for MT5.
Let me know what you think about.

Regards from Tuscany, Italy
Version: 1.0
Activations: 5

This indicator shows supports and resistences calculated form historical data when market was swing.

When market was swing ? When ADX was below 25 for some bars. In fact market can be considered without a trend.

I mean and suggest timeframes H4 and Daily.

Using that lines in the present you see resistance and support. More lines are distant and best is possible profit.

Every ADX parameters can be set, so colors, swing market bars number.

I am available to get feedback or modify code.

Thanks

Alessandro

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Levels of Swing Market

Alessandro Fucelli