Displaying the nearest support and resistance levels

Widget apperance

Widget apperance

Widget Placement

In order to add the "Cascade levels" tool to the workspace, first click on the "Widget menu" button in the platform header. Then click on the button with the same name in the "Technical" section.

Widget location

Widget location

Access to the model depending on the tariff

The model is available on all subscription versions.

Basic Trader Pro
+ + +

Functionality of the Tool

Cascade levels is a screener that in real-time finds and displays support and resistance levels for a specific asset. The user receives information in the form of a table. The widget table has the following data columns:

  1. TIME - the time the signal arrived.
  2. PRICE - the price value of the level.
  3. CALLS - number of levels at a distance of 1% from the current one.

Header

Header

The model visualization has 2 color values:

  1. Resistance levels are marked in green.
  2. Support levels are marked in red.

The user can select the asset for which he wants to track the levels.

Symbol selection window

Symbol selection window