The indicator displays a symbol price momentum. Pink and green lines are displayed on a chart indicating a market entry direction. Sell if the price breaks through the lower line and buy if it pierces the upper one. The indicator works best on H1 and higher. Support/resistance lines are calculated as local extreme values per the number of bars defined by iPeriod input parameter.

input uint  iPeriod=24;                     //price extremums searching period

The countdown for searching extreme values starts from the bar set in SignalBar.

input uint SignalBar=1;                     //bar index for searching extremums

Fig.1. ResSup