I'm looking for an indicator to help show support and resistance levels but also to help identify how strong those levels are by:
1) Has it been visited before? (If so, weaken it's rating)
2) Has it stopped strong moves? (If so, increase it's rating according to how strong a move it stopped)
3) The timeframe the level is on (bigger timeframe, stronger level)
4) How long since we've entered the level's zone (if been here before recently then... increase strength slightly)
+ it would be nice to be able to work this within channels... though that's a bit of an ask.
What should I search for to find this? Plenty of level indicators out there but few rating each level.
1) Has it been visited before? (If so, weaken it's rating)
2) Has it stopped strong moves? (If so, increase it's rating according to how strong a move it stopped)
3) The timeframe the level is on (bigger timeframe, stronger level)
4) How long since we've entered the level's zone (if been here before recently then... increase strength slightly)
+ it would be nice to be able to work this within channels... though that's a bit of an ask.
What should I search for to find this? Plenty of level indicators out there but few rating each level.