Trendik

Trend detecting indicator that draws a blue support line when the market grows and a red resistance line when the market falls. Works on all currency pairs and timeframes. 

The main advantage of this indicator is drawing support and resistance lines from a higher timeframe that can be used for placing stop loss.

Input Parameters Description:

• HeadHour - in case you need to draw a higher timeframe.
• StarTime - sets the higher timeframe.
• BarIstiri - calculated bars.
• BarPeriod - the number of bars for drawing.
• alert - sound alert about trend change.
• Reiterative - the number of repeated sound alerts about trend change.