Junr - moving average variation
A version of the moving average indicator that can be used as a support and resistance zone for breakout and breakaway binary options strategy.
This is an interesting variant of the popular Moving Average indicator, which, with a sufficient degree of averaging, shows the trend direction well, and can also be a strong support or resistance level.
Junr - moving average variation
The Junr indicator can be used in both breakout and rebound strategies. It has only one setting parameter that allows you to change the number of bars for calculation, it is this parameter that should be used to adjust the filter for a particular currency pair and timeframe. In the figure, the parameter is 108.