The Elite Circle - Custom Support and Resistance Lines (for MultiCharts) - v1
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The Elite Circle
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Custom Support and Resistance Lines (for MultiCharts) - v1
This small indicator displays custom lines of S/R. It could be used during live trading.
For the sake of clarity, the S/R levels are not automatically calculated (for instance with swing pivots). The price levels and names are directly set by the user in the input fields.
The lines change color when they are above and below the candles (switch between support and resistance).
The lines have the politeness not to "cross" the candles, for a better display.

The input fields allow defining price level and title for 10 lines.

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Details: Custom Support and Resistance Lines (for MultiCharts) - v1
Category: The Elite Circle 

February 5th, 2012
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Keywords: custom resistance support


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