What's Support & Resistance Indicator on MT4?
Example of Support & Resistance Indicator on MetaTrader 4 Charts
Minor Resistance/Support levels in Upward & Downwards Trend
In minor resistance ##3& support points the price will form these points quickly in the short term ##3and then quickly move past these resistance regions ##3and support regions.
Support & Resistance Indicator on Upward Trend
Upward Trend: The Support & Resistance Indicator draws the trend pattern of this minor resistance and support points will form a sequence of areas whose general direction is upwards.
Upward Trend Series of Support & Resistance - What is Support & Resistance Indicator in MT4?
Support & Resistance Indicator on Downward Trend
Downward Trend: The Support & Resistance Indicator draw the trend pattern of this minor resistance and support points will form a sequence of areas whose general direction is downward.
Downward Trend Series of Support & Resistance - What is Support & Resistance Indicator in MT4?