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SUPPORT & RESISTANCE

gpacker
Jan 15 2015 at 21:29
posts 6
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
gpacker
Jan 18 2015 at 08:36
posts 6
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
gpacker
Jan 18 2015 at 10:53
posts 6
im wondering if they are calculating the support/resistance using a pivot calculation and the number 9 is used in the calculation?
jotekfinance
Jan 18 2015 at 15:58
posts 138
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...
gpacker
Jan 18 2015 at 20:49
posts 6
See attached diagram showing the S & R levels, perhaps this will shed some light on how they are calculated?


Fichiers joints:

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