DislikedCan anyone help add support and resistance lines to this sinewave indicator. What I would like is to have a resistance line drawn on the high of the bar when the two lines cross at the top of the window(overbought area), and a support line drawn on the low of the bar when the two lines cross at the bottom (oversold area). I've had some good success trading off these S/R levels. Any help would be appreciated!
Here's a pic so you can see what I mean.Ignored
When I read your message few days ago I was myself looking at a way to modify the sinewave indicator that I found on the mqlsoft.com web page to display the S/R levels like the the one on the e-mini site.
I was partly successful except for one small problem that now is resolved with the assistance of Igorad from an other forex forum.
Looking myself at the Elhers indicators I would be interested in exchange to found out how you use the sinewave S/R.
May be you could explain it here or start a new thread in the Trading system section.
you could also PM me if you prefer
Gerry
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Sinewave with S&R.mq4
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