ive been looking for a indicator which tells me the average span from the last support line to the latest resistance line in the last say' 50 or 100 bars.
i have a system that works well in big waves of eg 150+ pips
eg gbp/usd 1hr for june
where as a steady trend gives me problems as:
the same chart for may
id prefer an oscillator where i can put a parameter line in at a value of eg 100 pips so i knew the type of market were in
a gauge that states the average of the last x amount of S & R's?
tro's barry SR & DYNAMIC_FIBS_SR state the s & r's but not the average between them
thanks for your help.
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