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SUPPORT & RESISTANCE

gpacker
Jan 15 2015 at 21:29
6 posts
hI,

Is anyone able to tell me what the 9 in the below parameter means please? it is on a screener i use but im not sure how it is calculating the S & R levels?

S&R(9) Price Touched Support

Thanks
Gary
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gpacker
Jan 18 2015 at 08:36
6 posts
hi any help with this would be appreciated.

S&R (9) Im keen to understand what the 9 represents i.e is it days? if it is days what is it trying to understand during these 9 days.

Thanks
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gpacker
Jan 18 2015 at 10:53
6 posts
im wondering if they are calculating the support/resistance using a pivot calculation and the number 9 is used in the calculation?
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jotekfinance
Jan 18 2015 at 15:58
138 posts
I don't think so about the pivot calculation, but otherwise I am not sure. I will direct some others here who may be able to answer...
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gpacker
Jan 18 2015 at 20:49
6 posts
See attached diagram showing the S & R levels, perhaps this will shed some light on how they are calculated?

Attachments:

attachedImage
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gpacker
Jan 18 2015 at 20:51
6 posts
ok thanks jote
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Ben (benjebutje)
Jul 07 2015 at 05:42
8 posts
meh, same question, anyone can help?
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