AlgoPro Support & Resistance

Tutorial of our Trend and Volume SR Tools

AlgoPro Trend SR

Our AlgoPro Trend SR is a tool that automatically detects points of support and resistance based on past/present trends and pivot points. Once these areas of support and resistance are broken, they become new areas of support and resistance.
Support Broken = New Area of Resistance Resistance Broken = New Area of Support
When price is correlating within these support and resistance zones, you can adjust your settings to notify when a break through/ break down of a zone occurs - and other similar functions. Settings can also be adjusted within to make detecting of zones more stronger and weaker. Fewer stronger zones - as well as more weaker zones of support/resistance.
AlgoPro Trend SR includes a feature that auto-detects possible tops and bottoms in the market. This feature can be turned off and on in the settings and is most affective on higher time frames.

AlgoPro Volume SR

Our AlgoPro Volume SR is a tool that uses past and present volume of an asset to detect potential areas of support and resistance. Using volume profiling, areas of more volume directly correlate for possible areas where price can hold or be rejected.
Areas of high volume are marked with an arrow to allow you to draw lines of support and resistance on your chart. Adjust the depth of the Volume SR within the settings will change the amount of bars (timeframe) the algorithm uses to determine these areas. The higher your depth, the longer time frame volume is taken into account.

Complete Support & Resistance Tool Box

Combine these two tools together with our AlgoPro V1 to provide you the most complete, intuitive trading experience on the market.