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BirdViewTrading
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  1. BirdViewTrading Indicators
  2. BirdViewTrading A

S/R Mode

PreviousSignal ModeNextIndicator Settings

Last updated 3 years ago

BirdViewTrading A S/R Mode is not the ordinary support & resistance mode. S/R mode is trying to detect the support and resistance lines of multiple timeframes at the same time!

S/R Mode consists of 4 rows of dots. Row 1 is the highest (so the strongest) timeframe, and row 4 the lowest (so the weakest) timeframe. Within the rows you can see the following indicators:

  • Support (S)

  • Neutral (N)

  • Resistance (R)

See the example below:

In the row 1 (highest timeframe) you also see S1, S2, R1, R2. When the price hits:

  • S1: High chance of instant reversal into the upside

  • S2: Highest chance of instant reversal into the upside

  • R1: High chance of instant reversal into the downside

  • R2: Highest chance of instant reversal into the downside

TRADING WITH S/R MODE

As you can see below, the algorithm detected a strong support zone (all support timeframes at the same level). You can for instance draw a support zone from it and price will likely to find support on that level.

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