Discussion in 'Trading Software' started by cyberbet99, Jun 16, 2007.
is there software that automatically draws support and resistence lines in realtime?
Yes quotetracker can do this. It can be set to whatever parameters you prefer.
This is what you can see in quotracker:
This indicator is used to detect breakouts of significant support and resistance areas. The upper channel is drawn at the highest high of last N periods. The lower channel is drawn at the lowest low of the last N periods. A penetration of the upper channel is a sign of strength. A penetration of the lower channel is a sign of weakness.
20 dma, 50dma,50 period moving average;
Most all of them do that/realtime
yeah because i paper trade goog all day for months now and i am right 90% of the time trading the intraday breakouts, its so simple my 8 year old son can even paper trade goog. Time to open another account with 10 to 1 margins.
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