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Support and Resistance Lines

The indicator builds support and resistance lines.


Parameters

  • NumberLines - number of lines;
  • SRPeriod - time period;
  • SRFilter - the filter;
  • ClrFirstLineRes – color of the first resistance line;
  • ClrFirstLineSup – color of the first support line.

SRPeriod parameter should be applied if you want to display support and resistance lines from another timeframe on the current one. For example, M15 lines can be displayed on M5 chart.

SRFilter parameter enables the filter:
  • None - the filter is disabled;
  • Soft - smoothing values up to Digits-1;
  • Rigit - smoothing values up to Digits-2.
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