AutoLines™ Support & Resistance (FlexSR) is a professional indicator for cTrader that automatically detects pivot highs and lows over a user-defined lookback period. It plots up to N of the most recent support and resistance levels and extends these lines across the chart for continuous visibility. The indicator features customizable colors, line styles, thickness (1–5 px), and optional date-price labels for clear identification of key zones where price may stall, reverse, or break out.
Key functionalities include:
- Automatic pivot detection scanning each bar for true swing highs and lows.
- Dynamic management of displayed levels, showing only the user-set maximum number of lines to maintain chart clarity.
- Non-interactive, lockable lines that redraw automatically to prevent accidental changes.
- Real-time updates on every tick, ensuring levels remain current even in fast markets.
FlexSR supports intuitive trade management by visually highlighting confluence zones and providing clear support and resistance references. It is designed for ease of use with sensible default settings and minimal configuration. The indicator aids traders in identifying potential reversal and breakout points, supporting various trading strategies with precise and reliable level plotting.