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Levels of Swing Market

This indicator shows supports and resistences calculated form historical data when market was swing.

When market was swing ? When ADX was below 25 for some bars. In fact market can be considered without a trend.

I mean and suggest timeframes H4 and Daily.

Using that lines in the present you see resistance and support. More lines are distant and best is possible profit.

Every ADX parameters can be set, so colors, swing market bars number.


I am available to get feedback or modify code.

Thanks

Alessandro


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Bill Williams Advanced
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5 (8)
Indicators
Bill Williams Advanced is designed for automatic chart analysis using Bill Williams' "Profitunity" system. The indicator analyzes four timeframes at once. Manual (Be sure to read before purchasing) Advantages 1. Automatically analyzes the chart using the "Profitunity" system of Bill Williams. The found signals are placed in a table in the corner of the screen. 2. Equipped with a trend filter based on the Alligator indicator. Most of the system signals are recommended to be used only accordi
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