PnB Support Resistance
- Jing Yao Li
- Version: 22.301
- Activations: 15
Indicator uses embedded Zig-Zag theory and draws Support and Resistance lines automatically and professionally.
- Easy to use
- All important features are adjustable on input parameters
- The indicator draws lines in smoothest way
- It never repaints
- ZigZag depth: can be changed to higher numbers to see bigger scales, default and recommended depth = 8 to 12;
- Customize all type of colors and line sizes for each timeframe Support and Resistances.
- By default M1, M5, M15, M30, H1, H4, D1 lines tuned ON but as long as if an open chart have enough data for W1 or MN1, they can be also turned ON .
On M1 timeframe can be drawn Lines from M1, M2, M3, M4, M5, M6, M10, M12, M15, M20, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1, MN1.
On M5 timeframe can be drawn Lines from M5, M6, M10, M12, M15, M20, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1, MN1.
Please Note: If an open chart don't have enough data for higher timeframes(ex:D1,W1,MN1) indicator will not work and recommended to turn them OFF, so it can calculate for other smaller timeframes like H4 below.