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Deep River AM

The presented indicator is the author's implementation of the idea embodied in the Alligator indicator, which has already become a classic.

The proposed product allows you to visually demonstrate the direction of price movement, temporary price rollbacks and zones of multidirectional price movement.

Namely:

  • The indicator lines go up and diverge from each other - a strong bullish trend;
  • The indicator lines go down and diverge from each other - a strong bearish trend;
  • The indicator lines go up but converge together - a weakened bullish trend;
  • The indicator lines go down but converge together - a weakened bearish trend;
  • The indicator lines are tangled into a tight knot - multidirectional price movement.

Also, the main line of the indicator is a strong dynamic support/resistance line that can be used as a guide when placing protective stop orders.

The indicator has only two adjustable parameters (smoothing, shift) which simplifies its customization.


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Description: The indicator measures, through the zigzag indicator, the levels of trend or correction. It shows in the chart the levels of each low or high detected. KEY LINKS:   How to Install  –  Frequent Questions  -  All Products  How is this indicator useful? This indicator determines, depending on Zigzag parameter if a trend is beginning, developing, or ending This indicator determines the direction of the trend Components Levels as positive or negative numbers, depending on the direction
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Advanced Supply Demand
Bernhard Schweigert
4.91 (295)
CURRENTLY 26% OFF !! Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the potenti
FX Levels est un indicateur de support et de résistance exceptionnellement précis qui fusionne la méthode traditionnelle Lighthouse avec une approche dynamique innovante, fonctionnant parfaitement sur tous les symboles de trading. Cela inclut les paires de devises, les indices, les actions ou les matières premières. FX Levels identifie les points d'inversion et les affiche sur le graphique, qui peuvent être idéalement utilisés comme cibles de profit dans vos activités de trading. Pour développe
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Version 28.10 2024.10.29
Updated to version 28.10.
Version 28.0 2024.10.29
Updated to version 28+.
Version 26.0 2023.09.12
Updated to version 26+.
Version 25.1 2023.08.29
Updated.
Version 25.0 2023.08.03
Updated.
Version 20.0 2023.07.25
Updated.