"Support and Resistance Indicator" identifies formations such as triangles, wedges, triangle consolidations, support lines, and resistance lines!
The "Regsalpo Indicator" discovers patterns such as triangles, wedges, triangle consolidations, support lines, and resistance lines!
Purchase the indicator here!
https://www.gogojungle.co.jp/tools/indicators/37876
■How to use the indicator
Identifies resistance lines and support lines.
Also detects triangle consolidations. In this case, if you break above the triangle consolidation, price will rise significantly!
Dropped below the rising parallel channel. From here, a sharp decline may occur.
If the red trend line above the current candlestick is broken upward, price will rise sharply.
In this case, buy when it touches the support line and sell when it touches the resistance line.
If it breaks above the triangle consolidation, price will rise sharply.
Features of the indicator
- Available for all timeframes and currencies.
- Can be used on MT4.
- When resistance and support lines are clearly displayed, sell at the resistance line and buy at the support line.
- During consolidation of the triangle, it will break decisively in one direction, so enter with the breakout in that direction. In the case of a large breakout, catching the initial move can yield substantial profits!
Purchase the indicator here!
https://www.gogojungle.co.jp/tools/indicators/37876