This indicator attempts to detect support and resistance zones dynamically.
How does it work?
The indicator detects the strongest support and resistance zones in a dynamic way and labels as ''kanal''. When ''kanal'' label appears above a candle, you turn the closing price and the highest value of that candle into a zone. When ''kanal'' label appears below a...
This indicator attempts to detect support and resistance levels dynamically.
How does it work?
The indicator detects the strongest support and resistance levels in a dynamic way and draw lines. When new levels appear, the indicator may delete the weak ones if necessary. In this way, the indicator guides you to follow not only the support and resistance levels...