The Sorcerer’s Resistance Indicator ThinkorSwim TOS Script

(6 customer reviews)

$47.00

Product Delivery – You will receive Content Access Via Email.
Email – [email protected]

Description

The Sorcerer’s Resistance Indicator ThinkorSwim TOS Script1The Sorcerer’s Resistance Indicator ThinkorSwim TOS Script

PRODUCT DESCRIPTION

This indicator will auto-magically identify the next five potential support lines below, and the next five potential resistance lines above, the close.

The Sorcerer’s Resistance is a great indicator, saving time for the seasoned chartist and highlighting S/R areas on all time frames for the less experienced.

THE SORCERER’S RESISTANCEIDENTIFY POTENTIAL SUPPORT AND RESISTANCE AUTO-MAGICALLY

I wrote this useful indicator as a companion to my AutoWave for ThinkScript indicator. (Note: this is a stand-alone indicator and AutoWave is not required for it to function.)

This indicator will automatically identify and plot the next five areas of potential support and potential resistance that are closest to the current close price. “Closest” is determined based on price level rather than time. That is to say, the closest price level for potential support may be based on a price reversal that occurred some time before the most recent reversal.

The user may elect to have the areas of potential support or resistance determined from either the candle wicks or the candle bodies.

The user may also adjust wavelength. The wavelength determines the distance between reversal tops and reversal bottoms. For example, a wavelength of 20 would mean that a high must be higher than the 20 candles before and the 20 candles after it in order to be considered a reversal top. So, a shorter wavelength will identify potential support and potential resistance lines based on smaller price reversals. Likewise, a longer wavelength will identify those areas based on larger price reversals.

The user may easily adjust colors of the lines from within the “Globals” section of the study settings panel.

This indicator will work on any time-frame and with any instrument.

Delivery Method

– After your purchase, you’ll see a View your orders link which goes to the Downloads page. Here, you can download all the files associated with your order.
– Downloads are available once your payment is confirmed, we’ll also send you a download notification email separate from any transaction notification emails you receive from imcourse.net.
– Since it is a digital copy, our suggestion is to download and save it to your hard drive. In case the link is broken for any reason, please contact us and we will resend the new download link.
– If you cannot find the download link, please don’t worry about that. We will update and notify you as soon as possible at 8:00 AM – 8:00 PM (UTC+8).

Thank You For Shopping With Us!

6 reviews for The Sorcerer’s Resistance Indicator ThinkorSwim TOS Script

  1. Olivia Hall (verified owner)

    I found the lessons to be very practical and applicable.

  2. Lauren Nelson (verified owner)

    I found the lessons to be very practical and useful.

  3. Brandon Green (verified owner)

    The practical examples made it easy to understand the concepts.

  4. Nicholas Perez (verified owner)

    This course provided a solid foundation for further learning.

  5. Kimberly Powell (verified owner)

    The examples provided were very helpful in understanding the concepts.

  6. Emily Johnson (verified owner)

    I learned a lot from this course. Highly recommend!

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