We added the “Extend Only The Nearest High/Low Lines” function to True S/R Level Indicator.
This function is similar to the "Triangle Mode" in True Trendline Indicator where the indicator draws only two trendlines. The result is a less confusing chart. Ideal, for example, if You only use Support and Resistance levels as confirmation for an entry with divergences.
Check out our 60+ purchasable and gratis indicators on the MT4-MT5 INDICATORS page.
You can find the changelog on the UPDATE page where our customers can download the latest version for MT4 and MT5.
This function is similar to the "Triangle Mode" in True Trendline Indicator where the indicator draws only two trendlines. The result is a less confusing chart. Ideal, for example, if You only use Support and Resistance levels as confirmation for an entry with divergences.
Check out our 60+ purchasable and gratis indicators on the MT4-MT5 INDICATORS page.
You can find the changelog on the UPDATE page where our customers can download the latest version for MT4 and MT5.