Pressure and Support River
- Indicatori
- Zhoumin Lu
- Versione: 1.1
- Aggiornato: 25 aprile 2025
- Attivazioni: 20
This indicator shows the support and resistance levels of the price.
If the price crosses -1.618 and the closing price is continuously higher than -1.618, go long, stop loss -1.618, first take profit Middle, second take profit +1.618, third take profit +3.618.
If the price crosses +1.618 and the closing price is continuously lower than +1.618, go short, stop loss +1.618, first take profit Middle, second take profit -1.618, third take profit -3.618.
In a volatile market, the price hovers between -1.618 and +1.618.
Trailing stop loss:
Uptrend: When the price crosses -1.618, the trailing stop loss is always set at -1.618. If it continues to cross the Middle, the trailing stop loss is changed to the Middle, and so on: +1.618, +3.618 and +6.18. Generally speaking, +6.18 is the end of the rise.
The opposite is true for a downtrend.

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