Support[i] = 2*Min-Max,
Resistance[i] = 2*Max-Min, where
Max, Min - maximum and minimum prices at range from (i-Length) to (i-1).
Download:
Simple_Support_Resistance.mq4- (1.4 KiB) Downloaded 1133 times
Simple Support/Resistance indicator
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Simple Support/Resistance indicator
by Alexander.Gettinger » Wed Oct 09, 2013 6:01 pm
Formulas:
Support[i] = 2*Min-Max,
Resistance[i] = 2*Max-Min, where
Max, Min - maximum and minimum prices at range from (i-Length) to (i-1).
Download:
Support[i] = 2*Min-Max,
Resistance[i] = 2*Max-Min, where
Max, Min - maximum and minimum prices at range from (i-Length) to (i-1).
Download:
- Alexander.Gettinger
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