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    cTrader Extreme Support Resistance


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    This Support and Resistance Extreme indicator uses the standard support and resistance formulas, with Daily highs and lows and extreme highs and lows. It also helps traders identify overbought and oversold signals and highlight key support and resistance zones, making it easier to fine-tune trading decisions.
    (OS) Type: Windows & macOS Compatible
    Current version: 1.0.0
    Updated: Tuesday, 17 December 2024
    Author: ClickAlgo Team

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    Educational content: Read our disclaimer

    £9.99 Incl. VAT.
    cTrader License

    Lifetime license, 1-year free updates


    Source code required to run on the cloud.







    A support and resistance indicator is helpful for traders because it highlights key price levels where the market tends to react. Support is where the price often stops falling because buyers step in, while resistance is where the price struggles to go higher because sellers take over. 

    Marking these levels on a chart makes it easier to spot where to enter or exit a trade and set stop-losses. It also helps you see if a strong trend or a breakout might happen. Overall, it simplifies decision-making, improves risk management, and gives you a clearer picture of what the market might do next.

     

    cTrader Extreme Support & Resistance Indicator

     

    How does it work?

    This indicator allows you to choose between displaying the standard Support & Resistance levels, the Daily levels and Extreme high and low levels. You can also change the colour of each of them.

    • Zone size displays the size between each support and resistance level.
    • Required hits adjust the levels based on the times the price touches a higher or lower price level.

     

    How To Install & Remove

    First, make sure you have the cTrader trading platform installed, unzip the file, and double-click on it to install it automatically onto the platform.

     

    Any Questions?

    If you have any questions, please first search our product help forum for the answer; if you cannot find it, post a new question.

     

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