Kıvanç HL indicator is a useful tool to define RESISTANCE and SUPPORT levels by analyzing previous HIGH and LOW levels od fibonacci lengths.
There are 3 lines HIGH, LOW and their exact average MID line. Each line could be a significant support and resistance level due to the price action. Breakouts are very important when supported by volume 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