Support and Resistence Levels
- Indicators
- Leonardo Nozawa
- Version: 1.0
- Activations: 5
Draw levels of support and resistance based on highs/lows or closes from daily, weekly or monthly. This indicator uses the highs, lows or closes to draw horizontal lines on the graph. By observing those lines you can identify trend (gaining or losing levels of resistence/support) and find good levels where price can bounce. For those who trade price action, this is a very useful indicator.