MM-PA

22 May 2020

Track reversal price levels on any assets

22 May 2020

Sürüm Notları

Now it shows more accurate levels on any timeframe.

23 May 2020

Sürüm Notları

There are 6 different lines, all have different strength. You clearly recognize lines by thickness.

BASE_2 and TOP_2 are track %2.5 reversal. Linewidth = 1
BASE_5 and TOP_5 are track %5 reversal. Linewidth = 2
BASE_10 and TOP_10 are track %10 reversal. Linewidth = 3

Old lines also important for future price movement.

25 May 2020

Sürüm Notları

8693.71 support line drawn since May 4 hold the bitcoin. Also, I added params to change values.

Comparison length is very important. I defined default value to 233. Once indicator find new support or resistance, it check last 233 bars to identify how many bars reacted to new support or resistance. Also, it's determine reaction by using precision value.