ANAS WAVES AND LAST 2 SUPPORT AND RESISTANCE (CLOS TO CLOSE

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ANAS WAVES AND LAST 2 SUPPORT AND RESISTANCE (CLOS TO CLOSE

Postby anashassan76 » Sun Sep 03, 2017 1:13 pm

AUDNZD H1 (09-04-2017 1130).png

for any one like the wave theory and like to count , this good for you
indicator draw from low close point to the next high close point

down side when down candle close lower than the previous up candle open
up when up candle close higher than down candle open

its look like the zigzag indicator but its total deferent from it

it will not change the indication ,
it will show you the real latest resistance or support point
its based on Williams trend definition of waves
you can identify trend brake point with it

note it has 1 bug . some time the color will not change with direction but you can sea the oscillation , it will not draw new line unless new level is broken , and it happen rarely

this is my second indicator , enjoy .
anas waves and resistans suport level.bin
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anashassan76
 
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