Support and resistance levels have long been a powerful tool for market analysis. The Strong Support indicator plots support levels based on local price minima, and resistance levels based on local price maxima.
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It is recommended to use together with a trend indicator, for example, Gold Stuff - this will allow you to trade according to the trend and simultaneously determine the zones of consolidation or trend reversal, as well as set stop loss and take profit at support and resistance levels.
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Incoming Parameters -
The indicator does not require complex settings, the main parameters are the adjustment of the color scale.