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このインディケータは、週ごとのピボットライン、7つのレジスタンスライン(R1、R2、R3…)と7つのサポートライン(S1、S2、S3…)を表示します。
The indicator is similar to ASCTrend, in my opinion it is even better. Works by the system: High - Low.
The indicator without averaging of the data array, that is a Buy/Sell decision is made in one move.
Improvement of the pair correlation indicator, for different timeframes. Green - positive correlation. Red - negative.
The indicator draws the slow and fast ССI and colors bars for determining patterns and trends.
The indicator is calculated on the basis of currency pair volatility displaying the nearest support and resistance levels. It can be used as a trend indicator.
Indicator of support and resistance levels. It simplifies the navigation in placing the "stops".
SATL (Slow Adaptive Trend Line) - the «slow» adaptive trend line is obtained using a digital low-pass filter of a different order (light-blue line on the chart).
FATL (Fast Adaptive Trend Line) - the «fast» adaptive trend line is calculated using a digital low-pass filter (cream-colored line on the chart).
Example of optimization using the "running total" method.
My version of plotting the DeMark lines, also draws channels in addition to the trend lines and targets. Added one more target (the third one defined as 1.62 of the inner extremum), added the signal cancellation when closing within the channel.
Have you perhaps heard about the caterpillar? Here it is.... I do not remember where I got the code, I simply translated it from С++ to MQL4.