Support and Resistance 5 days MT5

155 0 2024-01-30

Support and resistance represent key junctures where the forces of supply and demand meet.On an interesting note, resistance levels can often turn into support areas once they have been breached.This indicator is calculating and drawing 5 pairs of &q

Support and resistance represent key junctures where the forces of supply and demand meet.

On an interesting note, resistance levels can often turn into support areas once they have been breached.

This indicator is calculating and drawing 5 pairs of "Support and Resistance" lines as "High and Low" from the current and 4 previous days.