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Pivots and Support Resistance Indicator


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Pivots and Support Resistance Indicator

  #1 (permalink)
 dBassFour 
New York, NY
 
Experience: Beginner
Platform: Sierra Charts, NT7, TOS
Trading: Emini, NQ,
Posts: 68 since May 2016
Thanks Given: 33
Thanks Received: 56

Hi guys,

Im new to Sierra and was looking for an indicator that draws Double Bottoms and Pivots.

Does anyone know of something similar? As you see once the pivot is broken, it goes to a solid line.

See image:


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  #2 (permalink)
 steve2222 
Auckland, New Zealand
 
Experience: Beginner
Platform: Sierra Chart
Broker: AMP/CQG
Trading: Whatever moves in my timezone
Posts: 1,896 since Sep 2009
Thanks Given: 3,379
Thanks Received: 1,540

Have a look at the User Contributed Study called something like Zig Zag with High/Low Trendlines. I also think there is a Study that helps detect chart patterns, it may include double tops and double bottoms.

Prediction is very difficult, especially about the future - Niels Bohr, Danish Physicist
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Last Updated on June 4, 2016


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