ninjatrader indicators day trading software trading systems and mentoring
The Smart Support and Resistance indicator that we use in the oil trading room at OilTradingRoom.com shows 14 different key levels that are critical for intraday traders. Each level is selectable so it can be turned off or on to meet the needs of any user. Watch the video below for a few ideas on the best use and application of this tool. It is also suggested you take a look at SmartTools that can help with creating a comprehensive strategy in conjunction with the SmartSupportResistance tool such as the Smart Momentum, SmartSuperMACD and SmartSuperTrend as well as other support and resistance related tools like the SmartVolumeProfile and others in addition to tools in the related products section below.
*Note: All purchases of the components of the Smart Patterns Trading System can later be applied to the overall system price. Many traders have gotten the system by first getting a few components and then later getting the whole system the old fashioned way; they earned it.