An indicator of support and resistance levels

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An indicator of support and resistance levels [ ru | cn ]
Author: KimIV (2008.06.29 11:38)
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An indicator of support and resistance levels 1
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An indicator of support and resistance levels 3
An indicator of support and resistance levels.

The levels themselves are not calculated, as for example the pivot ones, but are read from the text file of a specific format.

It is necessary to create an individual file "Levels_RS_<symbol name>.csv" for every instrument.

The fomat of the file involves the differnce of strong levels that are displayed on the chart with the thickened lines. I used this indicator to display the levels, that are published by Teletrade, in chart.

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