The idea of this indicator is to show the price trend, the pivot-based control points and possible Long and short trades.
The create levels of , if the price breaks the resistance means that the price is , if the price breaks the supports means that the price is .
It shows the highs and lows based on , showing HH LH HL LL depending on the previous .
A better confirmation for an uptrend is to expect higher high (HH) and then a Higher Low (HL), and for a downtrend expect Lower Low (LL) and then a Lower High (LH).
When the price breaks a previous high or low level, a signal will be triggered in that direction, it is also possible to filter these signals with a ribbon of moving averages, you can choose up to 14 different types of MA's.