The indicator calculates resistance and support wave lines. The calculation is based on the modified algorithm with a minimal delay. Lien values are not repainted, except for the current direction forecast line which is calculated dynamically. Two levels of significance of the trend lines are used in the indicator: higher and lower. It has two modes of calculation of price noise smoothing: static and dynamic. In dynamic mode, it is possible to set the minimum filtered value. The number of displayed historic lines is adjustable.

Parameters:

• PeriodHigh - period of calculation of higher trend lines (waves)
• DivHiPeriod - divider for an additional period of calculation of higher trend lines
• HiMethod1 - smoothing method for calculating higher trend lines (waves)
• HiMethod2 - smoothing method for calculating higher trend lines (waves)
• HiPrice1 - price used to calculate higher trend lines (waves)
• HiPrice2 - price used to calculate higher trend lines (waves)
• PeriodLow - period of calculation of lower trend lines (waves)
• DivLoPeriod - divider for an additional period of calculation of lower trend lines
• LoMethod1 - smoothing method for calculating lower trend lines (waves)
• LoMethod2 - smoothing method for calculating lower trend lines (waves)
• LoPrice1 - price used to calculate lower trend lines (waves)
• LoPrice2 - price used to calculate lower trend lines (waves)
• PeriodLowest - period of calculation of the lowest wave oscillations
• DivLLPeriod - divider for an additional period of calculation of the lowest wave oscillations
• LLMethod1 - smoothing method for calculating the lowest waves
• LLMethod2 - smoothing method for calculating the lowest waves
• LLPrice1 - price used to calculate the lowest waves
• LLPrice2 - price used to calculate the lowest waves
• TriggerSensivity - noise filter sensitivity
• UseDynamicSensivity - enable/disable dynamic calculation of the noise filter
• DynamicSensivityPeriod - period of dynamic calculation of the noise filter
• DynamicSensivityMul - ratio of dynamic calculation of the noise filter
• UseMinSensivityFilterForDynamic - enable/disable the minimum value in the dynamic calculation of the noise filter. If enabled, a value of TriggerSensivity is used.
• LeaveHistoryLine - a sign of removal of trend lines when the indicator is removed
• ShowHiPoints - enable/disable display on chart and filling of the indicator buffer for the tops of higher waves
• HighPivotsSymbol - character code for the tops of higher waves
• HiPivotsShift - down/up shift of the character of the tops of higher waves
• ShowLoPoints - enable/disable display on chart and filling of the indicator buffer for the tops of lower waves
• LowPivotsSymbol - character code for the tops of lower waves
• LoPivotsShift - down/up shift of the character of the tops of lower waves
• ShowLLPoints - enable/disable display on chart and filling of the indicator buffer for the tops of the lowest waves
• LowestPivotsSymbol - character code for the tops of the lowest waves
• LLPivotsShift - down/up shift of the character of the tops of the lowest waves
• ShowHTL - show/hide higher trend lines
• ResColorHTL - the color of the higher resistance trend lines
• SupColorHTL - the color of the higher support trend lines
• StyleHTL - the style of the higher trend lines
• WidthHTL - the width of the higher trend lines
• LenMulHTL - the duration ratio of the higher trend lines
• HistoryCountHTL - the number of the higher trend lines displayed on a chart
• MinPivotDiffIgnoreHTL - acceptable deviation of tops during calculation of higher trend lines
• ShowLTL - show/hide lower trend lines
• ResColorLTL - the color of the lower resistance trend lines
• SupColorLTL - the color of the lower support trend lines
• StyleLTL - the style of the lower trend lines
• WidthLTL - the width of the lower trend lines
• LenMulLTL - the duration ratio of the lower trend lines
• HistoryCountLTL - the number of the lower trend lines displayed on a chart
• MinPivotDiffIgnoreLTL - acceptable deviation of tops during calculation of lower trend lines
• ShowForecastTrendLine - show/hide the predicted trend line
• ColorFTL - the color of the predicted trend line
• StyleFTL - the style of the predicted trend line
• WidthFTL - the width of the predicted trend line
• MulFTL - the duration ratio of the predicted trend lines
• HighPivotTextAlarm - enable/disable signals when a new top of higher waves is formed
• HighPivotSound - the name of the sound file for the signals when a new top of higher waves is formed
• LowPivotTextAlarm - enable/disable signals when a new top of lower waves is formed
• LowPivotSound - the name of the sound file for the signals when a new top of lower waves is formed