Indicator Beginner

We are glad to provide you the indicator called Beginner which task is to show local tops and hollows on a graphics in the form of blue and red points. It is placed in the section Indicators - "Scalping"

it looks as following:

Settings of the indicator:

AllBars – if 0 is drawn at all bars;

Otstup – 30, the number of percent of minima and maxima;

Per – 9 - finding of minima and maxima at present.

This indicator isn't used for trading signals as in case of reset it is redrawn in the point-of-sale terminal, it is intended for fast search of points of support and resistance.

The Beginner indicator suits those who need the auxiliary tool for identification of levels of support and resistance. We wish you high profit.