Closer 3 Historical Weely high and Low to entry price

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • 02/06/2017 at 1:32 PM #24096 quote
    CKW
    Participant
    Veteran

    Hi Nicholas & all,

    Is there a way to identify R1, R2, R3 from previous Weekly High (s) (e.g. A list of previous Weekly High, over the last 6 months)

    S1, S2, S3 from previous Weekly Low (s) (e.g. A list of previous Weekly Low, over the last 6 months)

    It forms resistance Zone and Support Zone in 3 levels. The R is not the Top 3 highest but  closer 3 price levels which higher & closer to entry price. Same for S.

    R3, R2, R1, Entry Price, S1, S2, S3

    The Idea is to use this data to estimate the SL & TP level

    Can you advice if we already have something like this in forum ?

    Br, CKW

    02/06/2017 at 3:50 PM #24120 quote
    Nicolas
    Keymaster
    Master

    I don’t remember have seen something like this in the forums before.

    It would not be so tricky to make something like this as an indicator. Each Friday at close we store the actual week high / low in two of 6 variables (previous 3 weeks high/low) and display them all as lines on charts.

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.

Closer 3 Historical Weely high and Low to entry price


ProBuilder: Indicators & Custom Tools

New Reply
Author
author-avatar
CKW @ckw Participant
Summary

This topic contains 1 reply,
has 2 voices, and was last updated by Nicolas
9 years ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 02/06/2017
Status: Active
Attachments: No files
Logo Logo
Loading...
Do you like cookies? 🍪 We use cookies to ensure you get the best experience on our website. (Learn more)
©2026 ProRealCode - Trading & Coding with ProRealTime™