This indicator is part of a secret strategy because of its effectiveness. I have no idea who created it, but I hope that its disclosure will not upset the creator. Peace!

The indicator is based on the calculation of the RSI volatility coefficient, and in addition to the RVR indicator, which is presented (optionally) in a separate window, support / resistance lines will be plotted on the main chart.

How to configure it:
The setup is simple and intuitive. When you add the indicator to your chart, the initial configuration screen is displayed, and it is already configured for the 5-minute timeframe. If timeframes are used for more than 5 minutes, change the speed to 0.7. You can choose to view the indicator, otherwise only support and resistance lines will be plotted.

Interpretation:
Let’s say the RVR just changed color from green to red. A small support line will be built just below the low of the candle, but it may not yet be in its final position, as the candle has not yet closed. Then you should wait for this candle to close in order to make a decision based on the support line drawn. The opposite happens when the color of the indicator changes from red to green, in which case a resistance line will be drawn. Use the Multiple days indicator for a more accurate observation, or look at the attached images.