the indicator traces the trend line corresponding to support / resistance. it is also completely configurable, for various and varied results
Introduction For a full free tutorial explaining this code in more detail, visit the backtest-rookies (.com) website. This indicator will plot two trend lines at any given time. A resistance trend line and a support trend line. The resistance trend is shown with red circles and is created by joining swing highs together. The second is a support trend which is...
Automatic-Trendlines plotted in your charts. Length can be modified from settings.