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Program 8 | Finding possible support & resistance levels

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Program 8 | Finding possible support & resistance levels

M
Markplex

1 Views • Jun 12, 2010

Description

This video describes a Tradestation EasyLanguage show me study, created using version 8.7. It searches for possible support and resistance levels based on the confluence of 'pivot' points at similar levels. The program allows the user to determine the maximum number of pivot levels to be shown, how close a new pivot level must be to an existing one for the levels to be combined, how the zig zag lines are formed, and three other presentation inputs. The program is available for download at http://markplex.com/program8-streamlined-zig-zag-conflux.php.