How to draw the resistance and support line on candle chart.

[dhiraj]

forex ke baiscs ko samjhna har trader ke liye bahut zaruri hota hai..jo traer bina basic ko samjhe trading karta hai usse trading me bahut loss hota hai
jaldbazi me kari hui trading se bahut nuksan hote dekha hai maine

[darksaimon]

i think this is a favourable service my friend, but i hump ease whatever interrogative for this mounting: What signalize do we use to succeed and move the industry? are we use the EMA elector? or maybe something different? is this stage has been proven so we can use it safely?

[kajole]

here i share some easiest method to draw the resistance and support line on chart.. its help to trade and also help to given the sl and tp. target.

this is blank chart.. of 1 hr
Attachment 597

after that u draw the horizontal line with the help of
insert>lines>horizontal line

like this
Attachment 598

after u can also draw the rectangler , triangle, or ellipse
insert>shapes> triangle..ellipse. rectangle..

u r chart look like this..
Attachment 600

now i mark the arrow mark .. where u enter
Attachment 599

with this u can use the exponential moving average of 5period (yellow ), 15 period (red)

Attachment 601

so its ready now u make know easily where the market is gone and when u exit.. when u enter..

plz share the comment ... how its look like ..

wow very nice dear .thanks very much it is very helpful for us in this way we can find the support and resistance in the market and also we can set take profit and stop loss easily and it can make our trades less risky.

[ayakcalysta]

Now a days there are lot of indictors available that can draw line automatically but i prefer to draw manulayy for this i look on my screen and after that i draw line for two low points and also for two high points.

it is true pack, now there are many indicators in the forex business we run. if you give it the indicator is very effective to be incorporated in our trading business then I also will use the indicators you use. thank you

[purohit]

Now a days there are lot of indictors available that can draw line automatically but i prefer to draw manulayy for this i look on my screen and after that i draw line for two low points and also for two high points.

[ashwini]

yes support and resistance are very usefull .. always make this on daily time frame basis.. and trade. on lower time frame like 30mnts or 1hr , 4hr time frame. so u know the daily resistance and support line. if u add the trndline indicator on lower time frame then its more profitable. cause u r not wait for resistance or support line break out.. u wait for trendline breakout.

[maulana]

i got some problem when i draw trendline in my chart... i think it is hardly for me... but, i found shi channel mtf indicator in my folder... then sometimes i use it i got problem while drawing trendline... do you it is okay....?

[mukta]

First find the high point and low point of candle chart.Draw a bar in high point and draw a bar in low point.The high point is the resistance and low point is the support.Its work wonderfully.

[nurivasyarifah]

I think we just need to put the indicator without having to make your own by drawing the highest and lowest point of each candle, and if we do not have it then do browsing indicators to look for these indicators.

[yulianto470]

I think your information is good but i think we can draw the support and resistance including some bottom point and some top point these things will help us to draw a very good supports and resistance but we cannot draw any line with pressure.

despite being able to determine the highest point and lowest point of the analysis is less suitable sometimes when entering the market.
and most importantly, the durability of capital in the forex and money management are right that we are not to big losses