Identify the relative strength of all price levels at a glance
Detect important price levels without browsing through charts
Increase your technical analysis knowledge and skill
This indicator is not a complete entry exit trading system.
Global Unitus Support and Resistance
The Global Unitus Support and Resistance indicator is a multi-timeframe indicator that detects and automatically plots key price levels. Each key level is identified according its importance by colour and line size.
It is extremely important to include support and resistance levels in your trading as the market usually has, at least, a brief interaction with any important support or resistance level.
The indicator is continuously updated to ensure the levels reflect the current environment and price level actions. It is necessary for this indicator to repaint itself so you have the most up to date information.
I am a novice trader. Can this indicator be useful to me?
Definitely. The support and resistance indicator was designed to save time and to add a mathematical approach to identifying key levels.
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