Support & Resistance Indicator

[wentz]

Hi Guys, I have indicator to predict support and resistance point.
This is sample of my indicator:



And this is the result of my trading from December 1st to December 15th 2008



Download indicator

Happy trading

[hemo0]

i see it made avery good results...for how long did u try it wentz?

[senthil]

Hi Guys, I have indicator to predict support and resistance point.
This is sample of my indicator:



And this is the result of my trading from December 1st to December 15th 2008



Download indicator

Happy trading

From Demo a/c it is good I have similar Buy and sell indicator ...but it shows buy or sell arrow after some time ( less than 2 min ) the arrow disappear.. so I'm doing this indicator on 4H chart and enter trade after some 20 pips from the arrow ....

[nicksbrg]

SR is very simple yet very powerfull method

[adnan10076]

Thanks for sharing dear. Knowing the major support and resistance levels is very important in forex trading and the best way to do this is through the use of several forex support and resistance indicators.

[radex78]

Now i am only using fibonaci retracement to determine supprt and resisten,but i am not draw line manually because its called autoifibo,which will autumatically draw line with take data from 48 candle backward,i just find tjhis indicator in forex forum

[adnan10076]

Now i am only using fibonaci retracement to determine supprt and resisten,but i am not draw line manually because its called autoifibo,which will autumatically draw line with take data from 48 candle backward,i just find tjhis indicator in forex forum

You are also right bro, now a days Fibonacci method is too much using. I also reliable in this method.

[ceestech]

was thinking what are the possibilities of trading the market without losing a trade in any session.

[ceestech]

support and resistance level do not really work that much for me because am already glued to the use of indicators.

[ashwini]

yes am also use the resistance and support indicator but my indicator not given any signal..

i am personally analysis when i enter or not with the help of this indicator .. and its very help full to us .. when we exit .. and continue the trade.

[adnan10076]

I once had an indicator that showed support/resistance on different timeframes.
Each time frame was represented by a different color and you were able to choose which timeframes to show or not show.
Unfortunately I do not have this indicator anymore and can't remember the name.
My searches haven't turned it up yet either.
Does anyone have any idea where or what this is?

[puji]

support and resistance is useful for the trader to help analyze the price movement if the price will bounce or penetrate support and resistance is assisted by using other indicators that could be used in accordance with each trader.

[enjoylife]

Pivot points and fibonacci retracements can be good support and resistance indicators but a trader should not completely rely on support and resistance levels while performing their trades .

[adnan10076]

.....Hey guys, Are there such an indicator that will draw all support and resistance lines with the price on top of the line ? I've got the s/r (barry) and s/r 6 and 7 but I can't seem to find the one I'm looking for. Any help is greatly appreciated. Thanks in advanced..///

[zidane88]

The best indicators that help you figure out support and resistance points I think it's the daily pivot indicator, which shows you stronger points located on the chart