Crazy Dancing moving RES/SUP amounts
Automatic redrawing of moving Supports and resistances amounts
to indicate cost breaking supports (indicate SELL)
or breaking resistance levels (signal BUY)
quite simple appearing index but very clever and smart overly !!!!
Main Inputs:
# of pubs to this service and resistances levels the initial change from start moving average for filter indicating
Smaller values for bars /shift inputs when utilizing higher Time frames (D1-H4) and the reverse higher values for reduced time frames (M30-M5)
* an Arrow UP/Down in case of Bear/Bull market opportunities
* you can also manage the colors of the sup /res moving levels
* ALERTS enable/disable
A very helpful and smart indicator for all time frames and All symbols
MY FAVOURITE SETTINGS:
H1: Bars count = 5to 20; ShiftFromStar = 10-20; MA = 25
M30: Bars count = 10to40; ShiftFromStar = 25-50; MA = 50
M1: Bars count = 500 -1000; ShiftFromStar = 500-1000; MA = 1000
You will find the best combinations of inputs that suits you trading stategy !!