What is a support & resistance indicator?

The price range (height) of support or resistance areas depends on the spread between price highs and lows that the level goes through. Resistance levels are marked in orange, and support levels are marked in blue. The Support&Resistance indicator does not repaint.

What is the best intraday support and resistance indicator?

The pivot point is the best intraday support and resistance indicator. It indicates the supports and resistances for the day, based on the previous day’s movement. If you are an intraday trader, these values are of pivotal importance to you. Whenever support breaks, it then resists the price action.

What are support and resistance levels?

There are many different ways to identify these levels and to apply them in trading. Support and Resistance levels can be identifiable turning points, areas of congestion or psychological levels (round numbers that traders attach significance to). The higher the timeframe, the more relevant the levels become.

Why should you use the camarilla support and resistance indicator?

Simply put, the Camarilla support and resistance indicatorprovides valuable, simple, and automated S&R levels. The Camarilla is extremely well-respected by professional traders. One of the main reasons for this is that institutional traders use this Forex support and resistance indicator very intensively.