Idea of this script is to ride on the trend. Multiple dynamic support and resistance are identified and those levels are used
There are 3 different periods by default are used to define 3 different step lines. On any trend, either of these 3 steps shall play major role
Change in Red & Green color and its...
This is my mod of a wonderful script by alexgrover. See his comprehensive description of the logic behind the script at his page at
Added are labels, alerts and selection of periods among (mainly;)) fibo numbers.