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Magic Rectangle Detector [NeoButane]

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In the quest to make boxes, I have created the Magic Rectangle Detector.

This indicator finds essential supports and resistances, many of which may flip and become resistances and supports. Classical price action trading is best utilized in unison with this indicator.

Options to configure on the main chart.

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Notas de Lançamento
Added a 'Simple Mode' to ease use. No more fiddling!

The wick or candle is now automatically chosen based on price action.

Here's a list of my premium indicators and pricing:

medium.com/@NeoButane/trading-view-indicators-list-d89695cc7a06
Notas de Lançamento
- Improved magic rectangle detection based on candle body size
- Added color swatches for dark backgrounds (brighter) and no bias (silver)
Notas de Lançamento
Added rectangles based on purely volume.

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Aviso legal

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