Japanese below / 日本語説明は下記
Following my previous script: Automatic Half Price , I am releasing this indicator which plots the half prices of yesterday, previous week and previous month.
Automatic Half Price
Similar to previous day's half and today's half prices, last week's half and last month's half are often recognized as support and resistance.(see the...
Japanese below / 日本語説明は下記
This indicator automatically draws half price lines based on the logic below.
Today’s half price: Half price between today’s high and low
Yesterday’s half price: Half price between yesterday’s high and low
Half price as hidden support and resistance
As a characteristic of market, price sometimes tests previous day’s half price...