Best Support and Resistance Indicator for MT4 | FX Day Job

Trading support and resistance is probably the best way of trading the Forex Market. You only need to read commentary by great traders and banks to realise the importance of major support and resistance levels. Important Support and Resistance levels can be big bounce and breakout opportunities.

Support and Resistance trading often do not have black and white trading rules, for example, when will a level act as a breakout point and when will it be a bounce point if often inconsistent. Finding Support and Resistance is also often subjective.

Automatic Fibonacci Forex Indicator Software

What one bollinger bands source code sees as support another forex support resistance levels indicator not. Also refer to the User Guide download details below for more information on how the indicator works.

View this video for ideas on how to format your charts and change the settings of the indicator to get the best from using it The Template shown in this video is included in the indicator download from EAFactory.

Best Support & Resistance Indicator for MT4 - The Forex Army

Understanding how your MT4 indicator works 2. Understanding your MT4 EA settings 3. Creating RSI Trading Strategies 4.

Support & Resistance Basics

Using your MT4 broker data 5. Testing the Automated RSI Functionality 6. Highlevel RSI Profitability Testing 7. Refining Highlevel RSI Testing Results 8.

Assessing RSI Test Results Time of Day Hedged EA Expert Advisor Testing 1. Understanding your MT4 indicator 2. Assessing RSI Test Results Contact Us.

The Forex Support and Resistance Finder. View this video for ideas on how to format your charts and change the settings of the indicator to get the best from using it.

The Template shown in this video is included in the indicator download from EAFactory.