PROTECTED SOURCE SCRIPT

Trend Resistance & Support

От Quantkr
This indicator determines the trend of stock prices and outputs prices that must be broken through or deviated from the trend to change.



------How to Use?
At the bottom of the screen, the trend judged by the indicator is written.
If the price forms a resistance line, it can be judged that the trend will not change until it breaks through the resistance line.
It can be judged that the perfect trend shift is when it breaks through the resistance line.

If the price forms a support line, it is expected to fall after leaving the support line.

Each resistor line and support line are valid until they deviate from or break through its price.


mby_labSupport and Resistance
Quantkr
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