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Support And Resistance - MT4
This indicator helps identify zones where the price is likely to turn around. These zones are known as the support and resistance zones. This indicator allows you to quickly identify these zones, and get trading signals. The indicator also includes price action trading strategies and moving averages (Single, Double, Triple) trading strategies.
Resistance levels indicate where there will be a surplus of sellers.
Support levels indicate where there will be a surplus of buyers.
Buy when the price falls towards support.
Sell when the price rises towards resistance.