This indicator detects a Bullish Oblique Support on a graph.
This configuration is valid if there is at least 3 contact points.
The line is green if the price is above it, red otherwise:
The value of the Bullish Oblique Support can be display on the graph.
Simply check the “value” box in the configuration :
- easy to use, simply insert it on the price chart.
- no parameters to setup.
- the value of the Bullish Oblique Support can be display on the graph.
- it can be used in DAILY or WEEKLY timeframe.