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Support and Resistance Balanced Entry
Balanced Entry by VArmadA
A simple yet powerful fractal based Support/Resistance Indicator
Works with timeframes 1H and higher and tested on all major pairs. Pay attention to the signal: An arrow indicating a long or short entry.
How It Works:
Arrows indicate reversed support/resistence. Up arrow means long - down arrown indicates a short trade.
- IndicatorLong/IndicatorShort: Choose the colors for the given indicator arrows
- Show Resistence Levels: Visualize the resistence levels that are used to determine the entry signal
- Show Support Levels: Visualize the supportlevels that are used to determine the entry signal
Use this indicator as decision support and do not enter trades purely on the signal. Depending on Volume and other factors the signals might be misleading.
- Fixed issues with some symbols