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The indicator does not repaint support and resistance levels. It shows daily, weekly and monthly percentage change of previous close with respect to actual price. It works well for Forex, indices and futures.
Settings Time Frame - select D1, W1 or MN. History - number of history for displaying the levels of a chosen period. Levels - number of current levels for displaying a chosen period. Levels value % - percentage difference between one level and another. Open color - open color from the cho
Double Bollinger Bands is a method of following a trend. Two deviation at the time with fill color between them, ideal for traders who like visual style of trading.
Parameters Length - сenter averaging period line length. Deviation 1 - number of standard deviations from the main line 1. Deviation 2 - number of standard deviations from the main line 2. Color - optional.