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Level King

3 536
Shows key historical support & resistance (S/R) levels on multiple timeframes
  • Shows two nearest levels below and above current close price on 2 selected time frames
  • Option to select timeframes (daily, weekly, monthly, current)
  • Option to display moving average S/R levels as well (daily and weekly)
  • Option to display levels for current bar only, or to show all historic S/R levels as they occurred


Strategies include:
  • Enter or add to long positions on "support" (when price touches a green/blue line)
  • Enter or add to short positions on "resistance" (when price touches a red/purple line)
  • Take profit from a long position when a "resistance" level is touched for the first time
  • Take profit from a short position when a "support" level is touched for the first time

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