i have been trying to get ea that draws trendline and also shows support and resistance. i got Demark trendline but would prefer a better one.
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Dislikedi have been trying to get ea that draws trendline and also shows support and resistance. i got Demark trendline but would prefer a better one.Ignored
Dislikedwell just break down the puzzle.
what do you need?
1. to be able to identify if some point on the chart is the high or low of a certain period of time. easy.
2. plot on the chart the horizontal lines... easy... and remove them once the closing price of the latest bar breaks through the level... easy... just ensure you track if a line is meant to be support or resistance, and if support and the latest close is less than the support line you know it's now broken, and reverse for resistance. (use arrays to track required data, then plot with...Ignored