Topic: Support and resistance


I want to ask, if there (in expert advisor studio) is an indicator for support and resistance level?



Re: Support and resistance

Such indicators are ambiguous and tend to repaint signals. We don't have such an indicator in EA Studio now.

We had Fibonacci levels and ZigZag 10 years ago in Forex Strategy Builder, but we removed it because it showed more damage than benefits.

EA Studio includes more indicators than you need for successful trading. Simply run the Generator and it will find the best indicators for the selected market and conditions.