I am attaching images of a wonderful tool having Automatic Support and Resistences.
It has got Automatic Horizontal and trendline Support and Resistences.
Red colur lines denotes Resistences and Green lines Denotes Supports.
1. Horizontal Support and Resistences ::
Dotted line : Minor Supports and Resistences
Thick Dotted lines : Intermediate Support and Resistences
Thick lines : Major Support and Resistences
2. Trendline Support and Resisences ::
Dotted trendlines : Minor Supports and Resistences
Thick Trendlines : Major Supports and Resistences
I think this will be a historical tool for Ninja Trader. And i seek help from the Programmers to develop and contribute for the making of this wonderful tool.
Mark my words when this tool gets developed, it will prove to be a historical one.
Regards
Vinkal
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