Trapezoidal Support and Resistance
- Indicadores
- Leonid Basis
- Versão: 4.5
- Atualizado: 23 maio 2020
- Ativações: 5
"Support" and "Resistance" levels - points at which an exchange rate trend may be interrupted and reversed - are widely used for short-term exchange rate forecasting.
One can use this indicator as Buy/Sell signals when the current price
goes above or beyond Resistance/ Support levels respectively and as a
StopLoss value for the opened position.