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Secret Line Combo

Secret Line Combo
This indicator basicly has 2 lines
Line-I : Calculated by adding the highest high and the lowest low over the past 26 periods and dividing the result by two and also using 60 minutes period.
Line-II : Calculated by adding the highest high and the lowest low over the past 9 periods and dividing the result by two and also using 60 minutes period.
And indicator has 3 functions.
1. Resistance
2. Support
3. Buy and Sell Strategy
Better use this line for daily period .
If you use this line for daily trade you can see this is perfecly working as resistance and support.
How it works for buy and sell strategy?
When price breaks the line this means you can buy. And also you can sell when line breaks price.
This indicator basicly has 2 lines
Line-I : Calculated by adding the highest high and the lowest low over the past 26 periods and dividing the result by two and also using 60 minutes period.
Line-II : Calculated by adding the highest high and the lowest low over the past 9 periods and dividing the result by two and also using 60 minutes period.
And indicator has 3 functions.
1. Resistance
2. Support
3. Buy and Sell Strategy
Better use this line for daily period .
If you use this line for daily trade you can see this is perfecly working as resistance and support.
How it works for buy and sell strategy?
When price breaks the line this means you can buy. And also you can sell when line breaks price.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
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.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
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.