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Tired of building support and resistance lines? Support resistance is a multi-timeframe
An indicator that automatically detects and displays support and resistance lines on a chart with a very interesting
The twist: as price levels are tested over time and its importance increases, the lines become thicker and
darker.

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• Boost your technical analysis overnight
• Detect important price levels without browsing through charts
• Recognize the relative strength of all price levels at a glance
• Save up to half an hour of line building for each trade
• The indicator shows the age of all price levels
• The indicator is not repainted

Past and present price levels are collapsed by proximity and adjusted to reflect current market actions. Lines are drawn where
the action takes place, and not necessarily on the peaks.

• Price levels become darker and wider as they deviate over time
• Minor price levels are regularly cleared to avoid noise
• Custom select a timeframe and rate of collapse
• It implements email / sound / push notifications for breakouts

• Indicator settings: The indicator will read the price from the current timeframe, but you can choose a different one. For example, you can
  display the support and resistance lines of D1 on the H4 charts. You can also choose how many price levels to
  display on the chart using the parameter

  the density of the price level .

• Color settings: Enter the desired colors for the support and resistance lines, depending on the importance.
• Label settings: If desired, the indicator can display labels that show the age of each support line and
  resistance. This is disabled by default. You can choose the font and size of the label.

• Alerts: Enable display / email / push / sound alerts for breakouts.

Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

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