Tag: indicator

4/8 Line (Major Support/Resistance) This line provides the highest amount of support and resistance. This line acts as a solid support when prices are above it, and as the dominant…

We all know how important it is to identify support and resistance levels, buy MetaTrader doesn’t offer any feature to calculate them. Well, there is a solution for this! The…

Support and resistance indicator Are you looking for a new indicator? Polynomial regression channel is a machine learning algorithm that prints on your charts the most important level of support…

Introduction to the Support and Resistance Indicator Most traders would think of diagonal lines connecting swing highs and swing lows whenever they think of support and resistance levels. However, swing…

Support and resistance has always been the biggest attribute of technical analysis. It is used by a huge majority of traders in the markets, from the big banks, large trading…

The point at which a trend stops or makes a pause is a support or resistance, depending upon the direction of the move. If it is not confined to a…

A Forex trader using the MT4 platform for quite some time will be well aware that the MT4 is not equipped with any indicator by default. Traders have to select…

Introduction With this article, the most ancient price level forecasting method of technical analysis will become available to all who want to use it. In addition to having a ready-to-use…