Support and Resistance - Forex Forum

Enivid · #1 (**permalink**) 13th December 2008, 13:37

Discuss Support and Resistance indicator (visual support and resistance levels on chart) in this thread. You can ask any questions about this indicator here.

fxtrader2345 · #2 (**permalink**) 15th August 2010, 20:03

Hello,

I have seen this indicator,it seems to be profitable with the past historical data,but how does it work on the future. Does this indicator repaints itself or,when a red or blue dot is formed,it s value never changed .

On the net there are many indicators that repaints themselves,and then when we scroll back the charts,we see whauwww,what a great indicator,but when live trading,evrything goes wrong.

What s up with this indicator?

Thanks

Fxtrader2345

Enivid · #3 (**permalink**) 16th August 2010, 07:48

Yes, it repaints itself. But this indicator is not for direct trading, it's just for detection of the support and resistance levels.

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