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Indicator of the level of support and resistance


Recoilless Movement (DB) up the author defines as a sequence of growing bars have high subsequent Hai above the previous, as well as the subsequent higher lowe lowe previous. And so far will not break even one rule. К When disturbed, DB is real. Level of support will be high bar to the database. Price seeks to return and fill in the zone database. If this did not happen and the price is not closed zone DB, and start to build a second DB, it is a strong signal of trend.

Forex Indicators

In the figure a dotted line drawn levels. The new level is drawn after the formation of the DB. Indicator "remembers" all levels of unsecured and closed forgets.

Download forex indicator of support and resistance

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