The MaxMin indicator is a simple tool that plots the maximum and minimum prices of the previous week to the one currently in progress. Regardless of the timeframe configured on the Metatrader platform, at the beginning of each week, the maximum and minimum prices of the previous week will be automatically plotted, serving as support and resistance guidelines.
This indicator should be used on timeframes shorter than weekly.
Valid timeframes:
Four lines will be plotted:
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Last week's maximum
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Last week's minimum
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Start of last week
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End of last week
Tags: Price action, BTC, bitcoin, crypto, trend, support and resistance, divergence, signals, volatility, money management, risk management, profitable trading strategy
The MaxMin indicator is a simple tool that plots the maximum and minimum prices of the previous week to the one currently in progress. Regardless of the timeframe configured on the Metatrader platform, at the beginning of each week, the maximum and minimum prices of the previous week will be automatically plotted, serving as support and resistance guidelines.
