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.
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.
發布通知:
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.
發布通知:
minor updates
發布通知:
minor changes
發布通知:
some changes to improve efficiency
發布通知:
changes