Support & Resistance (Auto zones for support and resistance)
Most forms of trades are based on the belief that support and resistance zones will not be broken. Whether the price is halted by the support or resistance level, or it breaks through, traders can "bet" on the direction and can quickly determine if they are correct. If the price moves in the wrong direction, the position can be closed at a small loss. If the price moves in the right direction, however, the move may be substantial
- It allows to set up two kind of ressitance "Gauss" and "Relative"
- Permits display different TF for ressitance or supports set in a minor TF
- You will be to set alarms for identify possible breaks
- It will identify support and ressitance zones
- We recommend this indicator for manual trading therefore is not suitable for Bots
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