There are 3 lines HIGH, LOW and their exact average MID line.
Each line could be a significant level due to the price action.
Breakouts are very important when supported by and new highs are expected when upward breakouts take place.
Version 2 has 4 more levels of lines calculated with Fibonacci constants between the HIGH and LOW lines.
Version 2 can be activated by cheching the box in the settings of the indicator.
Special thanks from me to MaviliM for developing such a great indicator and giving my name
creator: @mavilim0732 on twitter
Author: KıvanÇ @fr3762 on twitter (tweets are only in TURKISH)
Here's the link to the complete list of all my indicators:
İndikatörü geliştiren: @mavilim0732 on twitter
Tradingview için Yazan: KıvanÇ @fr3762 twitter
Türkçe İndikatör Anlatımları: https://youtube.com/c/KIVANCfr3762