NightCrawler

NightCrawler indicator displays support and resistance levels, entry point, and the recommended take profit and stop-loss level for each period.

The yellow line represents the area of ​​support. A blue line represents the area of ​​resistance. When the price approaches these lines, there are opportunities for input. These entry points are represented by white lines. Levels take profit for orders Buy and Sell presented in orange and turquoise, respectively. Levels stop loss represented by red lines. When in doubt, place the mouse pointer on the line you're interested in, and will be shown in the description.

Avoid areas where take-profit levels exceed the levels of support and resistance. This means that the price volatility is not strong enough, and that the way of your movements (take profit) will be strong support / resistance levels.

indicator settings

• Indicator Period - the number of bars to determine support and resistance levels. Default = 100. Range (20 - 140)


• Past Bars - delay period to determine support and resistance. Default = 5. The range (5 - 30)


• Threshold Points - The distance from the support and resistance levels for the creation of input levels. 50. Default = range (50 - 150)


• Stop Loss - a multiplier for calculating the value of the stop-loss. Default = 1.2. Range (0.3 - 1.5)


• Take Profit - a multiplier for calculating the value of Take Profit. Default = 0.9. Range (0.5 - 1.5)


• price Type - type of prices to determine support and resistance.




• MODE_CLOSE_CLOSE: to determine support and resistance levels using only the closing price.


• MODE_HIGH_LOW: to determine support and resistance levels using the High and Low prices.