Members Forum

Support & Resistance

This thread is for discussing plotting support and resistance (mapping key market levels).
Last post
FXcoach

FXcoach
40 posts
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Location:
Mission Viejo
United States
01.02.2012 06:45

Power Dynamite Areas Indicator

The PDA indicator plots major support and resistance areas automatically. There are many different setting that you can play with. This indicator should NOT be used solely but in conjunction with you plotting key market levels.

Here are some settings to start with until you get an understanding of how it works.

PivotStrength: 4
MaxLookBackBars: 200
PivotPipDiff: 10
ZonePipSize: 0
MaxLevels: 3


.PDA Settings


FXcoach

Success starts with your attitude!
Intent, thought, action, destiny

 
FXcoach

FXcoach
40 posts
---
Location:
Mission Viejo
United States
15.02.2012 20:21

Re: Power Dynamite Areas Indicator

I have notice a little better visual with these settings:

Pivot Strength - 5
Max Look Back Bars - 200
Pivot Pip Diff - 10
Zone Pip Size - 0
Max Levels - 4


FXcoach

Success starts with your attitude!
Intent, thought, action, destiny