This is a small, but usefull, script that gives you targets and possible risk/reward according to the last significant highs and lows.
When a high or low is "tapped" and price turns back away it typically tends to return to these levels before bouncing back or "taking a break" and then continuing.
The risk/rewards percentages kan be adjusted for leverage, the leverage can be adjusted in the settings.
The script shows a short term and long term "high" and "low" level, the lookback period can be adjusted in the settings.
I tried to make it as "uninvasive" as possible and it's very handy to have on your chart to quickly turn on off I you need it.
I hope you like it, enjoy!
JD.
#NotTradingAdvice
#DYOR