September 20, 2010 08:06

New PRO feature – S/R lines!

Posted In: CandlePro
By:

I’m happy to announce that I’m testing a new feature in your PRO dashboard – Support and Resistance lines! This feature has been requested numerous times so I am excited to get this rolling…

What are special about these S/R lines?

These are not computer generated or made by an indicator – they are hand drawn by myself using the same method I use for the free EUR/USD signal you all are familiar and comfortable with, and they all follow the tips of the Support and Resistance article here. That means they have been eyeball checked before they reach you. They are also drawn primarily from the 4h and daily charts for more reliable signals.

The lines themselves are drawn onto a chart and then posted for you to see. The price of the various S/R levels can be found along the right-hand side of the charts, and I also include any other pertinent information under the chart (MA period if one was used, time chart was taken, etc).

Take a look at this example:

Click to enlarge

How do I access them?

This BETA feature is available to all CandlePro users. When you refresh your Pro Dashboard you should now see a tab called “Pro S/R (beta)” (see image above for example). Click on that tab and it will give you a list of available pairs.

This feature is in BETA so only two pairs are currently shown: GBP/USD and AUD/USD. As we progress in the testing and I get some feedback from you all I will expand this to other pairs.

Please leave your feedback below or email it to support@piphut.com so we can continue improving!

4 Comments on "New PRO feature – S/R lines!"
  1. Avatar of greggybaby
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    Comment left on:
    September 20, 2010 at 11:51
    greggybaby says:

    Great new feature, v useful.

    Understand this is day one, beta test, hope this feedback will be useful.

    Having some difficulty in seeing the numbers at the right hand side as they often overlap/ become blurred, is there any way to make clearer? (this is also the case on the free daily signal, sorry Mark! It just makes following your analysis a bit more difficult…)

    Also, is there any easy way to colour code )or similar) the S/R lines? Even if it is a simple case of one for S one for R? Even nicer would be an indication of what time frame or strength you would associate with each one – for example a Support from the dailies and confirmed lets say 8 times will be in theory stonger than a 4h support tested say twice twice. There may be an easy way to distinguish the strength, through colour or thickeness of line perhaps? Im thinking thick for major, thin for medium and dashed for minor?

    All to make piphut the no1 forex site out there!

    Greg

  2. Avatar of rick
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    Comment left on:
    September 20, 2010 at 14:27
    rick says:

    Mark, what a nice feature. this site just keeps better and better. I also agree that it is hard to read the numbers but this is one thing I don’t like about mt4. Hard to read the numbers. I wish mt4 would change this for us old guys :-)

  3. Avatar of edio
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    Comment left on:
    September 20, 2010 at 17:25
    edio says:

    This is really a great and useful feature, especially when “they are hand drawn by myself.” The overlapping numbers is part of the game, and I use the zoom feature of the browser to see nice big clear numbers. The chart looks fine to me, after all Support will eventually become Resistance and viceversa.

  4. Avatar of trademybrain
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    Comment left on:
    September 20, 2010 at 18:41
    trademybrain says:

    thank you Mark, this is a real sweet development!
    A writen list is possible would also be a neat touch.

    many thanks!

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