Four Lines
This indicator basicly calculated by adding the highest high and the highest low over the past nine periods and then dividing the result by two
And indicator has 4 lines for resistance and support
All line's calculating with different periouds highest high and lowest low.
You can use this 4 line for resistance or support.
This indicator basicly calculated by adding the highest high and the highest low over the past nine periods and then dividing the result by two
And indicator has 4 lines for resistance and support
All line's calculating with different periouds highest high and lowest low.
You can use this 4 line for resistance or support.