Support And Resistance Levels Metatrader 4 Indicator
This is one of the best support and resistance indicators available to traders. It can be used to trade forex, CFD stocks,…
Bullish pressure: Sustained price break above resistance.
Bearish pressure: Sustained price break below support.
Flat market: Price trades between support and resistance.
BUY: Wait for a sustained break above key resistance levels.
SELL: Wait for a sustained break below key support levels.
Configurable Indicator Options
Contact_Step, Precision, Shift_Bars, Bars_Count
GBP/USD 30 Min Chart Example