Absorbing System Support and Resistance
Introducing the Absorbing System Support and Resistance indicator, a powerful tool designed for traders on TradingView. Developed by a professional trader, this indicator helps identify key support and resistance levels in the market. By analyzing price action and volume, it highlights areas where buying or selling pressure is absorbed, indicating potential reversals or breakouts. With its user-friendly interface, traders can easily spot these crucial levels and make informed trading decisions. While the indicator offers valuable insights, it’s important to consider its limitations. Like any tool, it should be used in conjunction with other indicators and analysis techniques for optimal results.
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Description
FAQ
- Can I download this indicator ‘Absorbing System Support and Resistance’ for free?
- Yes, this indicator – Absorbing System Support and Resistance, like other indicators presented on the site, is free, with the exception of those where there is a fee, they are available only on the official website of the developer
- Where does this Indicator come from?
- The Indicator, like others, is collected from the official website of trading platform TradingView and developers
- Can I use Absorbing System Support and Resistance on the mobile version of the trading platform TradingView?
- No, indicators can only be used on the web version of the trading platform TradingView.
Additional information
| Platform | TradingView |
|---|---|
| Format | External Link |
| Price | Free |
| Safety | Safe |
| Type file | Indicator |
| Size | – |
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