Based on swing levels and price levels rather than volume. This separates it from the current ATAS support & resistance indicator. The ProfitPro's indicator calculates support and resistance levels based on prominent swing points and employs a similar calculation method to the zig-zag. Levels are not drawn live; instead, only after swing points are evident.
Users can adjust the sensitivity of this indicator to see support & resistance levels on a short-term or long-term basis. It can be utilized on any timeframe, but there are no alerts. Users may also customize the color and visuals of the levels. Users can apply the Support & Resistance indicator to spot price zones where markets often react. For example, if price repeatedly bounces at a support level, traders may look for buying opportunities, while resistance levels can signal areas to take profit or prepare for potential reversals. These zones help guide entries, exits, and risk management by highlighting where momentum may pause or shift.
Indicator type: Custom Script
Una empresa desarrolladora de software educativo que proporciona indicadores para gráficos y otras herramientas analíticas. Mejore la eficacia de sus estrategias con las herramientas avanzadas de ProfitPro.
The Delta Surge indicator marks signals when the delta within candlesticks shows a significant increase or decrease over a set number of consecutive bars
The POC Pivot indicator identifies prominent points of control, highlighting areas where volume is highly directional.
The Pulse indicator displays bullish and bearish arrows derived from bid/ask data. It features four toggleable indication types, customizable alert options, and adjustable sensitivity settings to create personalized trade indications.
An automated trading strategy for crypto and futures markets, powered by advanced market pressure analysis. It autonomously enters trades when buying or selling pressure meets your configured conditions, with automatic SL/TP placement.