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Thread: Support and resistance

  1. #1
    Administrator funyoo's Avatar
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    Default Support and resistance



    An indicator that works like the famous "Support Resistance" with less memory charges.

    Download : Support and resistance (available in the Elite section).

  2. #2
    sabrinathomas
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    The USD/JPY has been trading in a negative trend for the last three weeks and therefore, the momentum is bearish for the Dollar. The main support on the daily chart is 82.60. Overall, USD/JPY traded with a low of 82.70 and with a high of 83.24. No major economic data is expected today.

    Resistance
    R1 -83.15
    R2 -83.80
    R3 -84.00
    Support -82.70

  3. #3
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    Funyoo,

    What is this indicator in your post?

    Regards

  4. #4
    Administrator funyoo's Avatar
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    Quote Originally Posted by tpwd64 View Post
    Funyoo,

    What is this indicator in your post?

    Regards
    Hi tpwd64,

    It is SR 1.04.mq4, a private indicator.

  5. #5
    Junior Member GationLi's Avatar
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    Default

    how can I download this indicator?

  6. #6
    Administrator funyoo's Avatar
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    Quote Originally Posted by GationLi View Post
    how can I download this indicator?
    Hi GationLi,

    You have to be an Elite member, more informations : http://www.tradingsystemforex.com/an...e-section.html

  7. #7
    shirley.williams
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    Pivot Points are also good for determining supports and resistances for a particular currency pair. Only you have to put some values in the pivot point calculator, and you will get resistance and support levels for a particular currency pair. There are so many currency pairs available in the internet you can find them.

  8. #8
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    Is this Fraktal

  9. #9
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    Quote Originally Posted by strong wolf View Post
    Is this Fraktal
    it's a Support and resistance where most entry define within the range until price breakout. Stop loss is put outside the channel.


    here's some resource Forex trading strategies detailed explanation about several basic trading strategies setup.

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breakout, channel, currency pairs, elite, forex, forex trading, high, indicator, low, main, mq4, pivot, request, resistance, stop, strategies, strategy, support, systems, trading, trend, usd

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