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Multi Timeframe Support and Resistance
Free (we do it for the community 😊)
Supports and resistances are often called “key levels”. They are price levels at which the stock price has inverted its trend. If the price rises and then inverts its trend moving down, the highest point it has reached is called resistance. If the price has gone down and then starts rising, the lowest price value is called support.
This Indicator is developed for the TradingView platform only.
Product Details
Supports and resistances are often called “key levels”. They are price levels at which the stock price has inverted its trend. If the price rises and then inverts its trend moving down, the highest point it has reached is called resistance. If the price has gone down and then starts rising, the lowest price value is called support.
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Supports and resistances are often called “key levels”. They are price levels at which the stock price has inverted its trend. If the price rises and then inverts its trend moving down, the highest point it has reached is called resistance. If the price has gone down and then starts rising, the lowest price value is called support.
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Introducing the
Support and resistance
This script will show you multi timeframe support and resistance levels to make it easier for you to spot the key levels. It works on every pair and of course each timeframe.
What are supports and resistances? Support and resistance are often called “key levels”. They are price levels at which the stock price has inverted its trend. If the price rises and then inverts its trend moving down, the highest point it has reached is called resistance. If the price has gone down and then starts rising, the lowest price value is called support.
These price levels identify supply and demand zones, at which traders have increased their operation volume and have shown some interest. That’s why, as soon as the price gets closer to a key level, traders must keep their eyes open and see what happens.
What are supports and resistances? Support and resistance are often called “key levels”. They are price levels at which the stock price has inverted its trend. If the price rises and then inverts its trend moving down, the highest point it has reached is called resistance. If the price has gone down and then starts rising, the lowest price value is called support.
These price levels identify supply and demand zones, at which traders have increased their operation volume and have shown some interest. That’s why, as soon as the price gets closer to a key level, traders must keep their eyes open and see what happens.
Developed for traders, by traders 💙
What makes this so different?
With over 5 years of experience and 1.5 years of development, we confidently say this is the best one available on the market. Putting your confidence in tools that are optimized and made by actual experience SMC traders makes the difference. The tool is trusted by loads of SMC teachers: Psych FX, Zeus Capital, SMB Capital, Currency Pro's and many others.
How much experience do I need to use it?
We have carefully designed our software so that even the newest trader can analyze the market with the fundamental framework of a true professional. However, there needs to be an understanding of how the concepts work and operate in the market, so you can implement it the right way.
How accurate is it?
Our users say it matches 95% of their chart work. But like any other tool, you need to have an edge and know what you're doing. This comes from testing and learning.
Why you not try it out and see for you self?
Is there anything else I get apart from the Algorithm?
1) Full access to our Sonarlab Trading Community, A group of over 3,000+ (and growing) highly motivated and like-minded individuals that sits at the core of everything we do at Sonarlab… Don’t worry, once you’re in, you will know what we mean.. , where professional traders share their set-ups and trade break-downs.
2) The Sonarlab SMC Algorithms, our tech-driven answer to consistent and profitable trading in the 21st century.
3) Access to all of our future innovations and improvements.
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30 day money back guarantee. Cancel anytime in one-clock from within your account. If you're not completely satisfied, effortlessly cancel with a single click from your account. Your satisfaction is our priority, so we'll happily refund your investment within the first 30 days. Don't wait - start transforming your trading today!
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