Tools MT4 PressureSupportLine
127
Applicable Platform
Applicable productsAll Symbol
Last Updated Time2021-11-25
Authorization cyclePermanent

Backtesting data does not represent future performance

This tool is an indicator, which can effectively identify the position of the pressure line and support line of the market. Support line: when the market falls to a certain price, the Bulls think it is profitable and buy a large number of targets, so that the price will not fall or even rise. The level at which prices fall is called the support line. The resistance line is also called the resistance line. When the price rises near a certain price, the share price will stop rising or even fall, which is caused by the short selling here.

USD 0.99 USD 980.00 577 people paid

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EA Description
Name: PressureSupportLine Feature: 1 Identify the pressure support position of the market Functions: 1 This tool is an indicator type tool, not an EA trading strategy. 2 The function of this indicator is to identify the pressure support line and guide trading behavior through the pressure support line. 3 This indicator can be used in any periodic chart. 4 This indicator has a certain guiding role for all traders. 5 Trend traders can long online and short offline. 6 Shock traders can short online and long offline. 7 The marking of this indicator is an effective support and pressure level formed according to the previous high and low points. Applicable Market: 1 All Market Notes: 1 This tool is an indicator. It will not place orders, but only draw shock ranges. 2 The indicator loading directory is different from the EA loading directory. 3 EA is loaded into the experts directory, and indicators need to be placed under the indicators directory. 4 After loading, restart MT4 to see the indicators. Double click to load into the chart to use. Advice and Risk: 1 This tool may produce some errors when displayed on different mt4s. 2 This instrument is only a reference for transactions and will not play a decisive role. 3 Risk should be controlled in the transaction, and gambling mentality should not be generated.