Discussion of article "Drawing Resistance and Support Levels Using MQL5" - page 2

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Support-resistance levels are horizontal price levels from which the price bounces. The article deals with trend lines. Although the title is "A way to build resistance and support levels using MQL5 tools".
 

Article very interesting. Thanks for your work and for sharing 

 

Figure 6 shows that the indicator has drawn lines that do not correspond to the meaning stated in the beginning of the article. And the lines should lie differently.....

But in general, a good description of the main idea. Calculate fractals only on those segments that are out of the RSI limits. That should help with identifying the correct levels. I guess...

 
Where can I download the source code file?
 
https:// zen.yandex.ru/video/watch/626d46f53a1abb7854a03850
 
Andrew9301 #:
Where can I download the source code file?

Link at the end of the article

 
Alexander thank you, good work. I have a request and suggestion, replace the lines with a ray to the right. The chart is cleaner and you can clearly see the beginning of the trend. And if you add trend rays to the RSI indicator, it will be super.
 
StohanoV #:
Alexander thank you, good work. I have a request and suggestion, replace the lines with a ray to the right. The chart is cleaner and you can clearly see the beginning of the trend. And if you add trend rays to the RSI indicator, it will be super.

Yes, I agree with you there. Rays are less cluttered on the chart

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