Introduction
S/R Analyst Pro is the ultimate tool for the short-term trader who wants to fully exploit the power of support/resistance and trend lines in his or her trading. It will assist you in identifying low-risk entry points (and help you to avoid high-risk situations) by calculating and then projecting pivot points, trend lines, support/resistance zones, and gap zones on charts of any bar interval. The software has been designed from the ground up to perform this task and a large number of unique features have been made available to the trader along with a high degree of flexibility in terms of both customization and presentation.
If you are currently using other charting tools to draw support/resistance and/or trend lines manually, you know how tedious, time-consuming and subjective this process can be. Let S/R Analyst Pro fully-automate and standardize this process for you so you can focus on the business of trading.
When loaded into a chart, the S/R Analyst Pro script will scan the price data and identify all price pivot points, both upper and lower. Using these pivot points, the script will then analyze all possible trendline formations. It uses proprietary ranking logic to determine the 'best' trendlines to display based upon the current price action. In addition to trendlines and pivot points, the S/R Analyst Pro script will also identify key support/resistance zones and gap levels on your chart. Put these together and you have a comprehensive picture of the support/resistance characteristics of the security you are charting.
For more information on S/R Analyst Pro, please review the following topics:
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