This indicator is similar to the Arrows & Curves indicator.
It draws a price channel on the chart:
- High band calculated on the highest price – Resistance Level
- Low band calculated on the lowest prices – Support Level
- Buy signal (green arrow): price hits the lower band of the channel
- Sell signal (red arrow): price its the upper band of the channel
- File: diamondtraderv1.1.ex4
- Size: 5 Kb