Sniper levels RS
This indicator uses two levels like the support and resistance. If the price go up above the resistance level than it will go down quickly but not always for long time,
and the vice versa for the support level.
- period: the number of bars that will be used in the calculation of the support and the resistance.
- trend_period: the number of bars used in the upgrade of the support and resistance.
Please note: the indicator will work from moment that you attach to the chart and will not show you what passed in the past.(you can see in the strategy tester)
Good luck for all and wish all the best for who understand this indicator.