Cosmic Diviner Skyline Levels
Cosmic Diviner Skyline Levels is an author's indicator of support and resistance levels, displays strong trading levels in the order of their importance, provides recommended entry points for Buy and Sell.
The indicator is equipped with filters to read current trends and displays the signals for Buy and Sell on two strategies - the strategy of trading in the direction of the trend and the strategy of trading on trend reversals. The displayed levels of support and resistance are at the same time recommended points for installing Take Profit and Stop Loss.
If the price of resistance levels is reached, they automatically become support levels and are painted green, and vice versa, in case of breakdown at the price of support levels, they become resistance levels and are painted red.
Full description of the indicator Cosmic Diviner Skyline Levels - https://www.mql5.com/en/blogs/post/719170
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