One of the problems with many indicators is the lagging nature of the formulas they use. This means you are waiting for the study to crunch data before you can make a decision. "Support / Resistance MTF" will not repaint on your current bar. It will paint far before the current price movement, making it the opposite of lagging. Printing the range of secondary time periods upon the current time period, this gives the trader an idea of how far to expect the price to move if it repeats history. You can use this as a tool for taking profits, looking for reversals or simply looking to see if range offers enough potential.
~ Designed by B3
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