The KARAS LiveRS provides Resistance and Support Levels dynamically. You may use it for Bound Strategy or Breakout Strategy.
- No Repaint!
- Resistance and Support Levels are automatically drawn.
- Available for all TimeFrames.
- Suitable for Scalpers, Swing Traders, Day Trader, Short Term & Long Term Traders.
- You may use this indicator for all instruments.
- Period: 55 is optimized. It must be minimum 13.
- Resistance Color
- Support Color
For EA Developers
double Resistance = iCustom(Symbol(),0,"KARAS LiveRS",0,0); double Support = iCustom(Symbol(),0,"KARAS LiveRS",1,0); //After loading, levels calculation is started. No history data for all indicator outputs.
- Added history bar show.
- Resistance and Support Level determination is improved