The presented indicator is based on a slow digital filter (RSTL) with the help of which a long-term trend is predicted.
This product marks trend reversal points and support/resistance lines.
The indicator has six calculation options:
1. Identifies the closing price leaving the channel;
2. Identifies the exit/entry of the closing price outside the channel;
3. Identifies the closing price leaving the channel and sideways price movement;
4. Identifies the average price going beyond the channel;
5. Identifies the exit/entry of the average price outside the channel;
6. Identifies the average price leaving the channel and sideways price movement.
The indicator is intuitive and can send notifications about its signals to the terminal and email.