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Support and resistant with pivot

Indicator can drawing Support Level (Lowest price of choosed Time Frame) and Resistance Level (Highest price of choosed Time Frame),

and this indicator can drawing last of Pivot Level from the Last of Support Resistance Level.

Support and Resistance based Highest and Lowest at choosed Time Frame can be your next good experience for your forex trade to maximize your trade win and lost ratio.


Parameter :

  • _S_and_R__Setup_,         Default is  # SUPPORT AND RESISTANT #, No Need To Change
  • Drawing_S_and_R,           Default is  true, Change to false for not drawing Support and Resistant Level
  • S_and_R__TF,                 Default is  1 Week, Change Time Frame
  • Highest_Line_Color,        Default is  Blue, Change the color of Resistant Level
  • Lowest_Line_Color,         Default is  Red, Change the color of Support Level
  • Line_Width,                     Default is  2, Change the line width of Support and Resistant Level
  • _Pivot_S_and_R_Setup_, Default is  # DRAWING PIVOT FROM S and R #, No Need To Change
  • Drawing_Pivot_Line,        Default is  true, Change to false for not drawing Pivot Level
  • Pivot_Line_Color,            Default is  Yellow, Change the color of Pivot Level
  • Pivot_Line_Width,           Default is  2, Change the line width of Pivot Level
  • Pivot_Text_Size,              Default is  10, Change the text size of Pivot Level

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You can read about the MACD indicator at this link Software description This indicator can display 1 or 2 MACD indicator on different time frames and settings. There is a FREE version that uses EMA for calculation. This Pro version use all 4 Moving average type for calculation: Simple, exponential, smoothed and linear weighted. The active indicators can give pop up, sound, push or e-mail alert. The free version alert on zero-level-cross only, this Pro version alert can be set to zero level cro
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