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Trading product for CursorByte.SupportResistance Indicator Commodities XAUUSD, image 2
Trading product for CursorByte.SupportResistance Indicator Commodities XAUUSD, image 3
Since 31/10/2024

Description

Summary

AI summary
CursorByte.SupportResistance is a technical indicator designed to automatically draw support and resistance levels on all trading pairs. It allows users to set a flattening price range tailored to the specific asset, such as 0.0001 for currency pairs like GBP/USD or 1.5 for commodities like Gold (XAUUSD). This customization helps adapt the indicator’s sensitivity to different market instruments, including commodities. The indicator visually marks key price levels where the market has historically shown support or resistance, aiding traders in identifying potential entry and exit points.

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FAQ

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