what is Support & Resistance Algo
Support and resistance algo draws support and resistance levels with the help of algorithm on different timeframes.
Features
S/R levels: It draws support and resistance. Besides every S/R it draws rockets with counts, the higher the rocket the more stronger that level is.
Fibonacci Retracements
The algo offers fibs on Short term and Longterm timeframes based market structure so that the trader hs morer confluence of market structure and fibs in addition to S/R levels.
Volumetric Candles
The algo paint candles when there is a breakout or breakdown from important levels with volume. This volumetric candles can also be used independently as S/R for scalping purpose
Trendlines
The algo draws 3 type of trendlines. These trendline helps in catching breakouts/breakdowns, potential tops and bottoms on various time frames.
SS of S/R Algo with all its features
Crypto
Forex
Commodities
Indian Stocks
Indian Stocks
