WiseTrader Toolbox

Automatic Support Indicator for Amibroker (AFL)

Written by Administrator
PDFPrint
  • The automatic support indicator calculates the most likely level that prices will fall to at each bar. If prices run too far from this line, then there is a high probability that they will return to this level again.
  • Can be used as a stop loss or entry indicator.

Automatic Support Indicator

The indicator is very responsive to price movements

Automatic Support Indicator BHP

Automatic Support Indicator Parameters