OVERVIEW
This indicator provides us great convenience when analyzing the parity by drawing a range at the highest, lowest and middle levels of the previous time period in the time period we choose, and showing where the price is currently in the range it has created in the past.
ALGORITHM - How does the indicator work ?
It draws the highest and lowest values...
Dear Followers,
today I'm glad to present you an light version indicator of my "price levels" one that you can see here below:
It's a great analysis tool, for both scalpers, day traders and swing traders, and it works on every timeframe, market and pair .
I suggest you so check-out previous version indicator's description to understand how to use it and why...