Auto Trend Lines
Just drag the indicator to the chart, and support and resistance levels will be built automatically!
The indicator for the automatic application of building support and resistance lines on three points.
- These points are marked on the chart.
- The indicator also shows a breakthrough price for a rising, and for a downtrend (if found).
- You can specify how many previous bars must check indicator for finding reference points.
In addition, you can choose at what time range will run indicator. That is, when using the H1 chart, we can see the trend and points breakdown with H4.
Please contact the author if you have suggestions for revision of the indicator.
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