The markets have been reportedly random walk. Throughout the decades of trading I really feel that the markets have been random walk with a drift (float signifies the current trend).
So in roulette sense random walk is black or crimson happening includes aP chance (omitting the zero). A number of you will argue that the markets aren't random. I respect that. But the markets are very close to walk.
I devised a service and resistance indior ( with indior, praise to him). You will see that the prices really respect these levels. Try these indiors outside and you'll notice how important they are.
Simply use the RW-SupportResistanceALL on your charts (those indiors use ATR-Close to make the calculations). Please utilize this indior on 5 min chart in order to allow them to operate.
After you attach them onto the chart you need to draw Fibo retracement beginning from D1 Res 0 towards D1 Sup 0. Attached is your chart picture
Thats it for now.
Edit: I've revised the indior, so that just this indior ( RW-SupportResistanceALL) will probably be utilized on this chart. It will use the ATR-Close indy from the desktop so both must be downloaded
https://www.forexsoutheast.asia/atta...3705718385.ex4
https://www.forexsoutheast.asia/atta...5572973193.ex4