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Ti è piaciuto lo script? Provalo nel Terminale MetaTrader 5
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Hai bisogno di un robot o indicatore basato su questo codice? Ordinalo su Freelance Vai a Freelance
This indicator is as simple as it gets :
- it calculates a series of minimums over a certain period of bars
- it calculates a series of maximums over a certain period of bars
- then it uses such a minimum and maximum to get an average minimum to maximum state
- a combination of multiple such "levels" are showing a "trend" and a possible support or resistance zones
Recommendations:
- Use it as any other support resistance indicator

For day traders. 2 highly important indicators to turn strategies into extreme winning ones. The Win/Loss ratio and the Reward/Risk ratio will allow us to identify the best times and days our strategy works the best

Define an object that encapsulates how a set of objects interact mediator promotes loose coupling by keeping objects from referring to each other explicitly, and it lets you vary their interaction independently

McGinley dynamic (official version - as described by John R. McGinley)

without violating encapsulation, capture and externalize an object's internal state so that the object can be restored to this state later