Support and Resistance Trading Forum

Re: SnR Sneak Peak
By:Erich
Date: 5/23/2011, 11:45 pm
In Response To: Re: SnR Sneak Peak (DeadlyDoggy)

That nifty indicator at the bottom is the SnR Trade Timer - an oscillator style indicator tweaked to respond to support and resistance levels. The thinner line is called "Trigger" and the thicker line is called "Trend".

The idea is when prices hit the SnR line the SnR Trade Timer can help you with determining if the line will hold (ie. overbought/sold?) as well as direction and timing your entries (ie. crossover).

We'll be making an announcement this week with the particulars of the service. Keep a lookout at the site for details.

Erich

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