DonForex PerfectZones This is a very avant-garde indicator that automatically creates support / resistance zones and trend lines. Really a classic and necessary tool.
Description
- Works with a completely unique calculation method
- Automatically attracts back up / resistance zones
- Automatically draws tendency lines
- Displays broken but yet actual trend lines (dashed lines)
- Calculates and displays the following:
- Range of back up / resistance zones (in points)
- The "weight" of zones of S / R (higher the number, the more significant area)
- Altitude between two next zones (in points)
- The length of the trend lines (the number of bars)
- The number of touches of the trend lines (college the number, the more significant the line)
- Indicates whether there are south / R zones in this direction (with an arrow)
- Adjustable intervals for S / R zones and trend lines (number of confined)
- Selectable sensitivity (2 digits)
- Adjustable trend line style
- Automatically calculates color zones of S / R from the background color of the chart (very handy feature)
- Color settings for trend lines
- Trouble-free performance, high-quality coding
Using tips:
Search for charts that are "clear" (i.east. Good peak / lesser peaks, not intermittent, short candles)
These articulate charts better gauge South / R levels, so they give more reliable signals
Wait until the toll approaches the zone
In the S / R zone, discover signs of a possible interruption or reversal
Two types of typical formation:
1. Big and a certain candle with a potent momentum (faster)
two. Approaching the surface area, the candles become smaller and smaller, and then break (slower)
(Possibly) the most reliable example is when the toll breaks through the zone so re-tests (support becomes resistance and Vice versa)
For example, reverse signs: absorption, pivot bar, etc ... there are many
Additional confirmation factor if there is a connection to any other level system (e.g. Fibo, rotation, etc.))
Of grade, trend lines are too due south / R levels that have a slope
Higher fourth dimension frames give more meaningful s / R zones
Download Perfect Zones-DonForex for MT4 build 1170
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