Theory:
If you're familiar with trading, you know how crucial support and resistance levels are. This version is tailored for intraday trading and is an enhancement of the Simple Intraday Support / Resistance tool. It provides you with the ability to estimate support and resistance levels across any time frame, giving you a versatile edge in your trading strategy.
Usage:
Using this support and resistance indicator is straightforward. Just like any other similar tool, it helps you identify potential reversal points in the market.
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