Hello everyone!
Here is a new script, a simple indicator to enhance your trading, it gives you support and resistance channels and tells you when is the best moment to buy or sell. It's not perfect but for what I've seen it works pretty well, if you have any questions, just comment below or dm me!
The indicator is based on different moving averages and standard deviation.
How to use it?
- The labels indicate if to buy or sell
- The channel changes color based on the current trend
- The red channel indicates a resistance zone
- The green channel indicates a support zone
Best!
Filip