I found this indicator on FF.
The question is what calculation is it making
I think:
trendline - some type of GANN
projection lines - some type of fib
horizontal lines - some type of resitance & support
I wish to reproduce this calculation of the projection lines to see if those are good TP or SL. But I don't know how it is calculated.
If anybody could help thx.
The question is what calculation is it making
I think:
trendline - some type of GANN
projection lines - some type of fib
horizontal lines - some type of resitance & support
I wish to reproduce this calculation of the projection lines to see if those are good TP or SL. But I don't know how it is calculated.
If anybody could help thx.
