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The indicator is designed to display key price ranges on the graph and analysis of market dynamics within the established limits. It uses the parameter Period = 1200 , which means the calculation of data based on 1200 candles or bars to form and display the range. This period is suitable for long -term trends and allows you to identify important levels of support and resistance.
The Alert = True function activates a sound or visual notice when reached the price of the boundaries of the range