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Resistances Supports and Direction

100 USD

Demo downloaded: 4

Published: 1 December 2023

Current version: 1.1

Resistances Supports and Direction

Indicators
Alberto Caselli
Version: 1.1
Updated: 1 December 2023
Activations: 10

MEASURES THE STRENGTH OF RESISTANCES AND SUPPORTS

         The RSD indicator - Resistance, Supports and Direction - is the expert trader's operational tool.
         It is the indicator that really makes a difference.

    is an indispensable indicator for any type of trading

    works perfectly on any time frame

    receives as input the number of candles for which to calculate resistances and supports

    draws the resistances and supports: the closer and thicker the lines are, the stronger the resistances and supports are

    draws the "middle" line as the average price line between the highest resistance and the lowest support, indicating the center of gravity of the market for the calculated period

    also receives as input the number of candles for which to calculate Market Sentiment and then draws a green up arrow to indicate winning bullish pressure and a red down arrow to indicate winning bearish pressure

     shows in a label at the bottom right of the chart the percentage of bullish pressure and the percentage of bearish pressure for the chosen number of candles (Sentiment).

    The RSD - Resistance Supports and Direction indicator, used by experienced traders, is the indicator that really makes a difference.

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Version 1.1 2023.12.01

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