[MAD] Mindreader

2023年9月15日

Hi,

This is a multiband indicator that shows you liquid support and resistance ranges based on growing offsets and growing ATR channels.

In the end, when setup well, you can make, based on historical observations, estimates of how traders will react, maybe identical again.

How to use:

Setup:
Activate the two checkboxes for centerline and All_Lines
Start with the middle line to establish the general direction of the asset.
With the 6 following options, you try to match the trends in the outer bands as good as possible.
Small changes can be made by till you have best fitting overall bands. I tried to make small steppingsize to visual setup very easy. Change a bit... wait look,... change a bit, wait look...

Deactivate the two setup boxes and continue with setting up the colors.

Have fun figuring out the perfect wave !!

2023年9月17日

發行說明

changed middleline color to gray for light themes (yellow is almost invisible)

2023年11月11日

發行說明

cleanup pass
removing unused functions
no other changes

2024年1月3日

發行說明

Added 2nd final smoother and selection box for it