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Showing results for tags 'resistance'.
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Chart pattern recognition tool on MT trader would be invaluable for traders. And perfect addition to your candlestick recognition, maybe added in a similar way. Basic technical analysis patterns... Identifying flags, wedges, channels, triangles, double triple top/bottom etc. and drawing those trendlines on the chart automatically. Also, a separate option that automatically draws trend lines that connect for support and resistance as it touches the level a second and third time, whether there is a full pattern or not. Would be great to see trend lines for support/ resistance for each chart as a forecast in my opinion. What do you think of this addition realistically?