Visual Assistance Indicator

Ideal for both new and experienced traders, the “Visual Assistance” indicator gives a visual representation of high and low values that would be considered horizontal and dynamic support/resistance.

R2,200

Additional Information :

Ideal for both new and experienced traders, the “Visual Assistance” indicator gives a visual representation of high and low values that would be considered horizontal and dynamic support/resistance. High/low points in price are projected by horizontal lines (horizontal support/resistance) and sloping lines (dynamic support/resistance).The user has several editable inputs and options explained below.

  • This indicator draws horizontal and dynamic support and resistance
  • Green = Support
  • Red = Resistance
  • Multiple inputs allow for different measurements and color customization
  • Works on all cryptocurrency, stock, and forex pairs
  • Runs in REAL TIME on any time frame

 

VISUALS

  • The sloping solid lines are resistance if they are over current price and displayed in red.
  • The sloping solid lines are support if they are below current price and displayed in green.
  • The horizontal dotted lines are resistance if they are over current price and displayed in red. The visibility and color can be edited in the “Style” tab.
  • The horizontal dotted lines are support if they are below current price and displayed in green. The visibility and color can be edited in the “Style” tab.

 

INPUTS

  • Number of Candles Observed – Represents how many sessions (candlesticks) are being observed.
  • Horizontal Support/Resistance Source – Delegates where the horizontal support/resistance source comes from.
  • Horizontal Support/Resistance Left – Represents how many sessions are being observed left of the pivot high/low.
  • Horizontal Support/Resistance Right – Represents how many sessions are being observed right of the pivot high/low.
  • Horizontal Support/Resistance Precision – Defines how precise the range of values being observed is.
  • Dynamic Support/Resistance Resolution – Defines how many dynamic pivot highs/lows are being observed.

 

STYLE

  • H S/R 1 – This depicts a horizontal line. The visibility and color can be changed. Check this box to enable or disable.
  • H S/R 2 – This depicts a horizontal line. The visibility and color can be changed. Check this box to enable or disable.
  • H S/R 3 – This depicts a horizontal line. The visibility and color can be changed. Check this box to enable or disable.
  • H S/R 4 – This depicts a horizontal line. The visibility and color can be changed. Check this box to enable or disable.
  • H S/R 5 – This depicts a horizontal line. The visibility and color can be changed. Check this box to enable or disable.
  • H S/R 6 – This depicts a horizontal line. The visibility and color can be changed. Check this box to enable or disable.
  • H S/R 7 – This depicts a horizontal line. The visibility and color can be changed. Check this box to enable or disable.
  • H S/R 8 – This depicts a horizontal line. The visibility and color can be changed. Check this box to enable or disable.
  • Lines – By checking this box you enable/disable dynamic support/resistance lines.
  • Precision – N/A value
  • Labels On Price Scale – N/A value
  • Values In The Status Line – By checking this box you can remove the values from the status line of the indicator.
  • NOTE – *The order on screen may different from the numerical value based on support/resistance values. Confirm plot number for alerts by deselecting the values you want alerts for. Do this until your desired line disappears.*

 

VISIBILITY

  • Set the time frames you would like the strategy back tester to be visible on.