Level King

3 thg 4, 2020

Shows key historical support & resistance (S/R) levels on multiple timeframes

• Shows two nearest levels below and above current close price on 2 selected time frames
  
• Option to select timeframes (daily, weekly, monthly, current)
  
• Option to display moving average S/R levels as well (daily and weekly)
  
• Option to display levels for current bar only, or to show all historic S/R levels as they occurred
  

Strategies include:

• Enter or add to long positions on "support" (when price touches a green/blue line)
  
• Enter or add to short positions on "resistance" (when price touches a red/purple line)
  
• Take profit from a long position when a "resistance" level is touched for the first time
  
• Take profit from a short position when a "support" level is touched for the first time