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Real author:
Bill Sica
The indicator draws support and resistance lines, which are defined by the maximum and minimum for the last N bars.
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Indicator input parameters:
//+----------------------------------------------+ //| Indicator input parameters | //+----------------------------------------------+ input ENUM_TIMEFRAMES TimeFrame=PERIOD_D1; // Chart period input uint StartBar=1; // Start bar for analysis input uint HowManyBars=5; // Number of bars for analysis //--- input color Color_R=clrMediumSeaGreen; // Color of resistance level input STYLE Style_R=SOLID_; // Line style of the resistance level input Width Width_R=Width_2; // Line width of the resistance level //--- input color Color_S=clrRed; // Color of the support level input STYLE Style_S=SOLID_; // Line style of the support level input Width Width_S=Width_2; // Line width of the support level
Originally this indicator has been written in MQL4 and was first published in the Code Base at mql4.com on 25.09.2007.
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