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Day Trades Resistance and Support (daytradesSR) is an indicator composed of 1. The main line (support/resistance line), which shows i. either UP or DOWN trend ii. levels of dynamic support or resistance 2. A specific range defined by a line for range high and another line for range low. These lines serve as weak secondary support or resistance . 3. When the main line (support/resistance line) is first hit by the price after a detected trend reversal , either an UP ARROW (sup
1. Specifically used on EURUSD 15Min timeframe 2. Default parameter is ready for direct trading 3. A fix Stop Loss/Take Profit of 764 points (76.4pips) for a new position 4. A maximum of 1 additional position is added upon specific condition. 5. Proprietary algorithm is used. No martingale. Not a cheating EA using. However, use on other currency pairs is NOT recommended. 6. The only parameter you need to enter is the lot size for new position.