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Support Resistance Levels mt

Forex Indicator "Support Resistance Levels" for MT4
  • Indicator "Support Resistance Levels" is very useful auxiliary indicator for trading
  • 'Support' and 'Resistance' are important zones on chart respected by price
  • Support level is where the price regularly stops falling and bounces back up
  • Resistance level is where the price normally stops rising and dips back down
  • Indicator "Support Resistance Levels" shows the recent levels:
  • Resistance levels - red lines.  Support levels - blue lines
  • The number of bars used for calculation, line type and color can be adjusted in settings
  • Indicator "Support Resistance Levels" is great to plan your Take Profit targets, Price Reversals and Retests via Price action patterns.

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