Targetlines | Support and Resistance
simple setup, easy to understand, free of charge, download indicator here
I have no doubt about the effect of Targetlines as Support and Resistance, these are the long and short term values that should never be underestimated in the technical chart analysis.
They are easy to discover and mark on any chart, a neat overview of a higher time-frame and the trading chart quickly turns a simple chart into a recognizable pattern that brings many benefits.
Dynamic Support & Resistance Lines
Vers.20.1
- Targets (blue)
- Reference ATR 20
- Starting points (orange) Daily Pivot / day Open
- Starting point / Retracements individually adjustable
- default retracements => fibonacci numbers
FII dynamic support resistance lines
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Open Lines
Vers.20.1
- show Open from 4 different time-frames simultaneously
- all details can be set individually
FII Open Lines
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Previous Day Line high / low
Vers.20.1
- high and low of the previous day
- all details can be set individually
- sunday correction
FII Previous Day Line
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This Week Line high / low
Vers.20.1
- high and low of the current week
- all details can be set individually
- sunday correction
FII this Week Line
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Pivot Lines daily, monthly, weekly
Vers.20.1
- all details can be set individually
- no sunday correction for daily
FII Pivot Lines
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Tools from other programmers
... very useful tools, that I use from time to time
indicator for MetaTrader 4
- Shows multi timeframe Moving Average on one chart.
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