Resistances and Support
- Indicators
- MOHAMED AMR MOHAMED OSAMA I ABDELWAHAB
- Version: 1.10
- Updated: 14 May 2020
- Activations: 5
Resistance and Support levels is one of the most important factors when you enter the market
This indicator will automatically draw all resistance and support for last x (you can insert the x value as you like) resistances and supports
You should trade between those lines and put your stop loss behind this line (if you in sell then your stop line should be above this line, and opposite for buy)
Also your take profit should be upon those lines
So you should trade between support and resistance lines
What if I found many S/R lines without a space in between, then we don't recommend to trade in this level, just wait
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