Support and Resistance Levels
Support and resistance levels display configuration
Settings
Check box Support and Resistance Levels
Enable level display.
Checkbox Levels Timeframe
Enable multi-timeframe analysis.
Levels Timeframe
Timeframe for calculation.
Period
Analysis period. The larger, the more global the levels.
Resistance/Support Colors
Line and background colors for levels.
Usage
Support and resistance levels help:
- Identify key price zones
- Make decisions about entering and exiting positions
- Analyze market structure
Tip: Use multi-timeframe analysis for more accurate identification of significant levels. Higher timeframes show more important levels.