Trapezoidal Support and Resistance MT5
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2024-01-31
"Support" and "Resistance" levels - points at which an exchange rate trend may be interrupted and reversed - are widely used for short-term exchange rate forecasting.One can use this indicator as Buy/Sell signals when the current
"Support" and "Resistance" levels - points at which an exchange rate trend may be interrupted and reversed - are widely used for short-term exchange rate forecasting.
One can use this indicator as Buy/Sell signals when the current price goes above or beyond Resistance/ Support levels respectively and as a StopLoss value for the opened position.
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