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Simple Support/Resistance indicator

Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=59639
Forum: 38 · Topic 59639 · 1 post(s)


Simple Support/Resistance indicator

Alexander.Gettinger · Wed Oct 09, 2013 6:01 pm

Formulas: Support[i] = 2Min-Max, Resistance[i] = 2Max-Min, where Max, Min - maximum and minimum prices at range from (i-Length) to (i-1).

Simple_Support_Resistance_MQL.PNG

Download:

Simple_Support_Resistance.mq4