Automated Actual Support Resistance A2SR
Leading indicator A2SR
Automated support / resistance lines - no redraws and delays.
This indicator is particularly useful for the following groups of traders:
- Professionals who are tired of constantly seek support / resistance lines, and spend a lot of time to determine the current market sentiment.
- Traders with experience of 3 years or less. Indicator allows you to clear your schedule and start trading with comfort.
- Traders who want to restore your account.
It is a leading indicator, showing future support / resistance levels to achieve their price. The indicator automatically calculate the support / resistance levels in real-time, giving the trader enough time to determine the current market sentiment or weekly intervals including in the medium and long term.
All lines below the current price, are support levels higher - resistance. Regardless of the timeframe, A2SR always shows you the support / resistance levels, combined with a larger time scale. The indicator is not redrawn, and not delayed.
Use your experience and place limit orders on every important support / resistance level - Sell Limit for line resistance and Buy Limit support line, calculated indicator. A2SR displays of support / resistance lines, reinforcing the principle of the golden section Fibonacci. Confidence levels of support / resistance increases, if they coincide with the Fibonacci levels.
A2SR also displays a "trend wave" (wave of trends) at each level of support / resistance.
Usually the price is rising sharply, reaching a level of support and falls sharply, reaching a resistance level. The most effective strategy when used A2SR indicator - Placing Pending Orders Buy Limit on a strong level of support and Sell Limit - to the strong resistance level.
A break of support / resistance level of its role is reversed.
Basic usage
Sale: Wait entry price in overbought Overbought (OB above 80-90%), then set a pending order Sell Limit at each resistance level above the current price. Minimum goal - the closest support line below. The optimal goal - price input into the zone pereprodannosti Oversold (OS higher than 50-70%).
Purchase: Wait for price entry into the overbought zone (OS above 80-90%), then set a pending Buy Limit order at every level below the current price support. Minimum target - Nearest resistance line above. The optimal goal - input rates in perekuplennosti zone (OB above 50-70%).
Breakthrough: Before the breakthrough price should touch the support / resistance level several times. Before installing a limit order, we have to check what level of support / resistance has been overcome to this price. This means that the current level of support / resistance may be a key breakout level, showing OB / OS H1 more than 100%.
Advice:
- Regardless of the OB / OS, if two or more lines / R adjacent to each other or coincide, this indicates a strong support zone (Buy Limit) or strong resistance (Sell Limit).
- Now that we can identify future support / resistance levels, we can more freely use martingale if there is good money management systems.
- As we all know, trading in the Forex market - is not the most easy task, so I strongly recommend to use a good money management system. In the market you can never be completely sure that they are right. Psychology plays an important role. Therefore, another important recommendation - always limit position if the price goes in the right direction.
Use your experience in trading in the market, but do not forget to set an order to sell at the resistance line (Sell should be on Resistance) and an order to buy at the support line (Buy should be on Support).
A2SR shows significant levels before you go to the market.
Buyers will also have an example of a trading plan with a full technical analysis based on A2SR indicator.
Now, do you "do not miss your train." It's time to clear the schedule and forget about redrawing and delay.
Before using A2SR
Before the first use of the product on the update schedule time frames H4, D1, W1 and MN, because indicator need all the data from the large timeframes. Remember that the larger timeframe controls smaller. You can use smaller time frames, such as H1, but you must do so with an eye on a bigger timeframe. A2SR does this work for you at any time scale.
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