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Indicators

Simple Support and Resistance - indicator for MetaTrader 4

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8776
Rating:
(8)
Published:
2023.10.23 16:45
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This is super simple starter code for anyone looking to work or build with support and resistance. It includes a mid-line which is calculated using the average of the support and resistance values.

The default setting for the number of bars to look back is 50. This can be updated by changing the value of "Lookback" on the input tab.


Support Resistance Mid-Line


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