This indicator has the ability to identify the effective supports and resistances of Kumo or Keygen whitch is helpful for set TP and SL.
It is one of the best tools in relation to support and resistance.
Strategy :
- Top of bullish komo and bottom of bearish komo
- High and low of each time frame in a certain period. (mtfRS)
- Bollinger
- Flattened Keygensen for more than 9 times. The minimum length of flat can be determined from the settings.
Strategies can be switched with the button in the corner of the image.
Note :
Bollinger’s resistance and support lines are stronger in areas that have multiple lines.
Indicator facilities :
- Draw horizontal lines as short or long
- Ability to apply a minimum Como length. For example, to identify comos longer than 50 candles.
- We can specify to show only the pipes that we determine, for example 100 pips up and down.
- Multitime or single time frame
Distance means the distance between komo and the current candle.
And kumosize is the length of komo.