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Reflex

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This script uses the highest high from the current time frame and 4990 period back.
Based on this value and considering that the price has a natural will to breakthrough it, retracments are calculated and draw.
The white line represents a possible next target the price will reach. The grren line the highest price from the current time frame and blue lines the retracemts where the price likely reacts as reflexes in a mirror.
Nota Keluaran
Updating the indicator. Now it can be used for Forex Pairs.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.