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Re: Fibonacci, Trendlines, Support Resistance & Pivot Point Indicators MT4

Tsar, Sat May 27, 2017 1:49 am

Candle SnR

This an indicator S&R based on:

- Daily candle,
- Weekly candle,
- Monthly candle.

Description :

Bold line = Open Daily price daily yesterday candle
Dot line = Low / High / Close daily yesterday candle


Based on Daily Candle :


Based on Weekly Candle :


Based on Monthly Candle :



Recommendations:

1. Chart H1, use Candle SnR based on Daily candle.
2. Chart H4, use Candle SnR based on Weekly candle.
3. Chart D1, use Candle SnR based on Monthly candle.
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