LGP_Ivanoff_MalomaDemark_levels

LGP_Ivanoff_Maloma-Demark_levels – indicator MetaTrader 4

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LGP_Ivanoff_Maloma-Demark_levels - indicator for MetaTrader 4
Author: LGP.Red – the resistance/support level calculation uses the Low/High. Orange – uses the Close price, when “The only exception to this rule is when the Low price exceeds the Close price of the initial day right after the initial day. In this case the first resistance level is defined as: the Close price of … Read more

LGP_Ivanoff_Maloma-Demark_levels – indicator MetaTrader 5

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Fig. 1. Indicator LGP_Ivanoff_Maloma-Demark_levels
Real author: LGP A fractal based variation. Close prices are used for blue and pink fractals, Highs and Lows are used for red and green fractals. This indicator was first implemented in MQL4 and published in Code Base on 14.09.2007. Fig. 1. Indicator LGP_Ivanoff_Maloma-Demark_levels LGP_Ivanoff_Maloma-Demark_levels – indicator MetaTrader 5