I would like to introduce you ATR Trailing Stops S/R . The idea is to look for important levels that are identified by trailing stop line, where it usualy spents a lot of time without any move usualy turns out to be good level for bounces.
It has various setting Timeframe and atr settings Show lines Extend lines Line count - how many lines will be rendered Candle count - how many candles has to trailing line spend at the same level Colors - controls color of plot and lines
I hope you will enjoy it, as I enjoyed to write it.
Lukas
發行說明
Changing default setting for early detection of trend