πͺ Support / Resistenace π Finder (SRF) dynamically finds support and resistance (supply and demand) levels automatically and weights them accordingly. This is a great tool to use when determining entry/exit upon S/R areas.
π°This indicator is given FREE to all our premium indicator subscribers.
π‘SRF calculates the levels working from the current price. So even if you are looking old at historical data it will still calculate the S/R levels from the most recent data. (i.e. it really only works for the last few months on most instruments)
πThe indicator works on any timeframe and any market (stocks, forex, crypto, gold, oil).
πThe option "Pre length" can be changed to fit your needs. It will determine how much historical data the indicator will evaluate for each S/R level.
πYou can also choose how many support/resistance lines to plot from the dropdown menu.
πLastly you can also show the current/previous week or months OLHC values. These can often act as S/R levels as well. I suggest only using one at a time or it can get confusing.
π¬Come chat with us in telegram (link in signature) if you have any questions or would like a trial of a premium indicators (linked below).