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The KARAS LiveRS provides Resistance and Support Levels dynamically. You may use it for Bound Strategy or Breakout Strategy.

Key Features

  • 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.

Input Parameters

  • 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.
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Version 1.2 2017.06.26
Version 1.2:

- Added history bar show.
- Resistance and Support Level determination is improved