Highest high - lowest low SR
While waiting find MT5 indicators thread as this indicator should be posted there at its belong thread but posting it here
one of Mladen's pretty fine creation of today,that is what we users looking and searching for MT4 -

A user can form and create so many display variations that suits to his/her strategy of every level
Dont forget every time (24 hours) there are no trading opportunities,this is what where mostly traders and strategies fails,this indicator detecting when to trade
Big thanks to our pretty cultured intellectual and creative mind expert coder,he is not only looking of today era needs but thinking and working on far future requirements.
my best regards for his entire contribution
Indicator is just a tool.
Use it only if it can benefit you. Leave it if you don't know how to use it optimally.