Skip to main content

Predictive SR

The Predictive SR method is a set of real time support and resistance methods including:

  • Predictive Ranges
  • Predictive Channels
  • Predictive Exponentials

Each of these methods are covered below.

Predictive Ranges​

The Predictive Ranges displays real-time support and resistance levels, with two resistances (in red), two supports (in blue), and one mid-level (in orange).

When the price deviates significantly from the mid-level a new range is displayed, using lower SR Significance values will return more frequent ranges.

Predictive Channels​

The Predictive Channels displays real-time linear supports and resistances, with two resistances (in red), two supports (in blue), and one mid-level (in orange).

When the price deviates significantly from the mid-level a new channel is displayed, with a direction corresponding to the direction of the currently identified trend. Using lower SR Significance values will return more frequent channels.

Predictive Exponentials​

The Predictive Exponentials method deviates from the two previous ones. Here only one set of support and resistance is displayed. These converge exponentially toward the price, when price breaks one of the exponentials significantly a new exponential is created.

info

This method can be particularily pertinent when used when the udnerlying trend in the price is parabolic