The purpose of this indicator is to show the key reference level for both sides of the market.
If the price breaks the reference level up and the price bar closes above the reference line, It will trigger a long position and the stop-loss for this position will be the support level.
If the price breaks the reference level down and the price bar closes below the reference line, It will trigger a short position and the stop-loss for this position will be the resistance level.
Sürüm Notları
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HERMES follower is included in the indicator. The follower helps us to filter out the potential break ups and potential stops in advance before the price pick a direction.
HERMES FOLLOWER IS RELEASED!! It is included in the main indicator. What is hermes follower? It provides a heads up before prices picks a direction for upwards or downwards. It protects the investors from a potential loss from the unrealized profits.