How to use Support and Resistance Effectively - page 2
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
S/R indicators showing the S/R yesterday's day and current day as well.
Some description you may find in the code of this indicator (in english).
For example:
Blue line is Static level of balance;
DodgerBlue - Dynamic level of balance;
Yellow - Static steps of balance;
An other yellow line - Dynamic steps of balance;
Black - Static level of support;
White - Dynamic level of support;
Black - Static level of resistance;
White - Dynamic level of resistance.
All the color of the lines may be changed in the settings of the indicator.
WSOWROTrend indicator is based on Widners Oscilator.
It is indicator for the calculation of the support and resistance levels. It means not one level. Many S/R levels. This indicator is using some filter system to receive the S/R level with more higher probability. nPeriod is number of the bars for the calculation of the minimums and maximums. The value of nPeriod may be from 3 or above. 9 is by defauld value.
The Murrey Math Trading System
System based on S&R
https://www.mql5.com/en/forum/173644
https://www.mql5.com/en/forum/172943
Some indicators which may be useful for S & R.
The other indicators which may be used for S & R.
May be.
s&r
Hi guys s&r preety good , 2proc INDI from mt3 will do the nice job, do some one can convert it to mt 4
Forex Pivot Point Calculator
Forex Pivot Point Calculator.
To calculate the Pivot point, two Resistance and two Support points based on the previous period High, Low and Close prices.
S & R indicator.
It is working on multiplied timeframe.
Dinapoli Levels
Hello:
Wish you all a very Happy New Year!!
Does anybody have the ebook "Dinapoli Levels" by Joe Dinapoli?
Please post the same here.
Thanks and regards,
Senthilkumar