The Lines indicator is designed to build support and resistance levels based on highs and lows within a certain interval. It can be used as a filter for advisors trading price action patterns. By using this indicator, one can avoid false signals to buy or sell near the corresponding levels. The number of bars as the interval for calculating highs and lows can be adjusted in the indicator's parameters. The indicator also works on different timeframes. We recommend determining the period separately for each timeframe to search for highs and lows in order to build support and resistance levels. To use the indicator, simply load it onto the price chart of the selected instrument and set the parameters for a specific timeframe, indicating the number of bars to search for highs and lows.
