ahmad_naquib

Support and Resistance

1. This indicator draw line at the pivot point to show possible support and resistance area.
2. The way it is drawn is pretty simple. Every time a pivot point is formed, a line is drawn on top of it.
3. The line will be delayed due to the nature of pivot point itself.
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Comentários

the lowest point is the red line...so is it safe to go for buying from there and close buy trade when it creates a blue line?
+10 Resposta
ahmad_naquib nilanjan62
@nilanjan62, no it is not. u need more confirmation for that kind of idea
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nilanjan62 ahmad_naquib
@ahmad_naquib, which indicator can confirm that can u suggest?
+7 Resposta
nilanjan62 ahmad_naquib
@ahmad_naquib, can u add a simple buy and sell marker?
+2 Resposta
@nilanjan62, more on the lines of buy the breakout of the blue line brotha. knowing for sure profits are made!!!
Resposta
@nilanjan62, but even at that anything can go wrong this is just a simple resistance and support to show a solid trend
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clean and simple i like it.
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ahmad_naquib ismartinvesting
@ismartinvesting, thank you :D
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Excellent
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@givet911, thank you
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