For the circle areas, use the "Peak n Valley" indicator.Amunra5 wrote: Sun Dec 15, 2019 3:29 pm Hi Experts and Programming Godz,
I am new to this kind of undertaking and did quite some intense studying on my free time. I decided to enter the world of binary options.
Now, my question to you guys is, is there any known indicator or oscillator whatever, or you make me one if can (advance many many thanks), something that would warn me if the bounce will be further (the ones in circle, refer to pic) or will make a neutral/indecision zone (the ones in rectangle).. or i should consider Supply/Demand?. wait do you have good S/D indicators?
For the zigzag, use the "Level Trading" indicator.
For the rectangle, use the "Donchian Breakout" indicator.
For Supply/Demand, the "Donchian Breakout" also draws support/resistance lines.
That's all we have.