Support and resistance bands - is a unique indicator that draws a channel, relying on historical values of support and resistance levels. You no longer need to independently determine what level of support and resistance is currently relevant, the indicator will automatically determine the level closest to the price and display it on the graph in the form of the upper and lower bands.
Features Unlike the Bollinger Bands indicator, this indicator builds the channel bands based on the previous
MinMaxLevel is an indicator that displays the levels of the main extremes, or packages the price into a channel that is a smoothed minimum and maximum levels. Extremes are determined by the closing price. A simple moving average is used to filter extremes. When using the indicator as a channel, it is important to remember that the last N bars of the channel (where N is the indicator filter period) are redrawn. If the indicator is used to display the levels of the main minimums and maximums, thes
Standard deviation with levels is a modification of the Standard deviation indicator, supplemented by the levels of expected Highs and Lows. The levels are plotted using the Support and resistance bands indicator, which determines the High and Low levels nearest to the current indicator value based on the historical values of the extremes.
Parameters standard deviation period - period of the standard deviation indicator. extremum detector period - period of extremum detection. This parameter
This indicator includes various types of moving averages. The indicator contains the following set of moving averages: CA (Cumulative Moving Average) MIN (Minimum for the period) MAX (Maximum for the period) SMA (Simple Moving Average) EMA (Exponential Moving Average) DMA (Double exponential moving average) TMA (Triple exponential moving average) LWMA (Linear Weighted Moving Average) SMM (Simple Moving Median) SMMA (Smoothed Moving Average) HMA (Hull Moving Average) NoLagMa The list of moving av
The indicator detects presence of a trend or a flat using a new unique algorithm to analyze the peak values of the price. This indicator is not a modification of any other indicator. It is a completely new development.
Peculiarities Absolutely new unique algorithm for measuring the trend and the flat. The indicator uses analysis of the main price extremes. The signals of the indicator are easy to interpret. The indicator is suitable for any timeframe. The indicator signal is in the interval be