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This indicator shows current major support and resistance, if one exists. And as a support or resistance is broken it shows the new current, if any. To identify support and resistance points it uses the high and low points identified on the current chart. Allows too you to inform the maximum number of bars used to consider a support or resistance point still valid
This indicator shows the TLH and TLL and some trendlines that allow us to estimate the trend of market. It also shows the values of the angles of the lines in percentage in points (pip) , the standard deviation, and the trend of each line, and when it breaks the lines of support and resistance (TLH and TLL). And finally, it also shows the points identified as supports and resistances through the fractal algorithm in the graph. The high and low trend lines are supported by the highs