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MasterCharts

You can think of these indicators as moving pivot points.

MasterChartsTrading Price Action Indicators show good price levels to enter or exit a trade.

The Blue indicator line serves as a Bullish Trend setter.

If your instrument closes above the Blue line, we think about going Long (buying).

When your trading instrument closes below the Red line, we think about Shorting (selling).

It is very easy to read price action if you have a reference point. These support/resistance lines are there to help you read where the buyers and sellers are likely to make a stand.



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Descriptions A point point is a technical analysis indicator, or calculations, used to determine the overall trend of market over different time frames. This indicator calculate the highest or lowest pivots among left x and right y bars and show the high/low level during that period.   From that, you could clearly see the top resistance & bottom support level and how market goes break out. Instructions pivotLeft - pivot left bar count pivotRight - pivot right bar count pivotHighColor - c
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