PROTECTED SOURCE SCRIPT
Updated Kojiro Dynamic Support|Resistance
Greetings to the community traders.
I offer you an addition to the Ichimoku Kinho Hyo indicator.
This indicator automatically draws dynamic resistance and support lines based on the theory of Mr. Kojiro.
The lines are drawn from the high and low you select to the Senkou Span A and B points from the highest time frame.
I hope this indicator will complement and improve your trading!
Please note that the basic value of the Kumo cloud line indent is 25 candles due to the specifics of the Trading View calculations.
I offer you an addition to the Ichimoku Kinho Hyo indicator.
This indicator automatically draws dynamic resistance and support lines based on the theory of Mr. Kojiro.
The lines are drawn from the high and low you select to the Senkou Span A and B points from the highest time frame.
I hope this indicator will complement and improve your trading!
Please note that the basic value of the Kumo cloud line indent is 25 candles due to the specifics of the Trading View calculations.
Release Notes
Added more alternative time framesProtected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.