Support Board
Date/Time: Fri, 29 Nov 2024 12:34:12 +0000
[Programming Help] - Managing support resistance levels in spreadsheet trading system
View Count: 381
| [2023-02-11 05:42:08] |
| User223498 - Posts: 10 |
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I would like to save levels generated by a study in 2 columns, one for support and another for resistance. Then compare current price against the levels to generate a possible signal if touched and remove a level once price touches or crosses it. Does anyone have an example of this they can share or know an easy way to implement this? I've been struggling to figure out how to make this work. Thanks
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| [2023-02-11 13:52:54] |
| Sawtooth - Posts: 4120 |
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This is not something that a spreadsheet study can do easily, efficiently, or completely. You'd need a Formula Column for each line, and since there is a limited number of Formula Columns, you could only do a few of the most recent S/R lines. |
| [2023-02-11 20:16:45] |
| User223498 - Posts: 10 |
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Tom thanks for your input. I was basically trying to store and manipulate an array of data, but it seems difficult in the spreadsheet. I have started working with ACSIL which will provide more flexibility.
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