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The author's indicator is based on automatically adjusted horizontal and inclined lines from significant market points. In the settings you can specify the period, color and thickness of the lines, disable or enable slanted lines and several other graphic settings.
Recommended rules for entering the market:
Using SELL as an example:
I place a pending order for a breakout - sell stop below the horizontal line of the indicator, then I monitor the work-out, stop loss and take profit are dete