Hello guys,
I'm looking since a long time for a daily range projection indicator, which draws two lines on the chart where trend reversals are most likely its a better indicator than daily support and resistance lines -and it is also great for counter trend trading.
Attached is an example of such an indicator (the two red lines) but I couldn't find such indicator for MT.
It would be great if you could help me.
Maybe a similar indicator for MT4 is out there??
I'm looking since a long time for a daily range projection indicator, which draws two lines on the chart where trend reversals are most likely its a better indicator than daily support and resistance lines -and it is also great for counter trend trading.
Attached is an example of such an indicator (the two red lines) but I couldn't find such indicator for MT.
It would be great if you could help me.
Maybe a similar indicator for MT4 is out there??
Attached Image (click to enlarge)
