Magic Rectangle Detector [NeoButane]In the quest to make boxes, I have created the Magic Rectangle Detector.
This indicator finds essential supports and resistances, many of which may flip and become resistances and supports. Classical price action trading is best utilized in unison with this indicator.
Options to configure on the main chart.
Sr
High-Low Difference Channels - SMA/EMAI wrote this up as a potential replacement for my BB based strategies, and so far it's looking pretty nice.
Description / Usage:
Adjust length and multiplier much the same way you would expect with Bollinger Bands.
Multiplier of 1 gives you a base channel consisting of one high, and one low sourced SMA (or EMA)
The outer channels are increments of the base channels width, away from the median hl2 sourced SMA (..or EMA)
