The AZZ indicator plots points on the chart whenever prices reverse by a percentage greater than an average height of the Adaptive Price Channel. Straight lines are then drawn, connecting these points.  AZZ lines only appear when there is a price movement between a swing high and a swing low that is greater than an average price channel height. The indicator is used to help identify price trends. It eliminates random price fluctuations and attempts to show trend changes. The AZZ indicator helps to identify potential support and resistance zones between plotted swing highs and swing lows.  AZZ lines can also reveal reversal patterns, i.e. double bottoms and head and shoulders tops. Required: Adaptive Price Channel Download        

The APC are based on the average difference between the Lowest Low and Highest High over a selected multiplier of number of intervals, therefore they tend to be associated with potential areas of support or resistance. Unlike classic Price Channel, the APC do not tend to narrow during periods of sideways trading and price consolidation, typically before a breakout. The APC can be used to identify trend reversals or overbought/oversold levels that denote pullbacks within a bigger trend. A surge above the upper channel line shows extraordinary strength that can signal the start of an uptrend. Conversely, a plunge below the lower channel line shows serious weakness that can signal the start of a downtrend. Download    

The indicator recognizes the divergences and shows it on your chart and technical indicator. The divergence recognition algorithm is very powerful and accurate.  The indicator shows the same divergence on both your candlestick price chart and indicator window. The following indicators of divergence are included in Divergence Lite bundle: - MACD - RSI Support: If you have any question or issue with the product please contact me via telegram. Download: [https://gum.co/divergencelite]          

 

  UP Trend begins when 2 lines cross DOWN level bottom-up and ends when 2 lines cross UP level top-down DOWN Trend begins when 2 lines cross UP level top-down and ends when 2 lines cross DOWN level bottom-up Also indicator shows changes between UP and DOWN trends.   /