Steps:
- Enter the trade at the automated support or resistance line
- Close trade when the price reverts to the mean line
Notes – Generally, most effective on longer time frames (1 day works well)
– You can turn on/off the automatic support and resistance lines in the settings
Disclaimer: Nothing within this article should be misconstrued as financial advice. The financial techniques described herein are for educational purposes only. Any financial positions you take on the market are at your own risk and own reward. If you need financial advice or further advice in general, it is recommended that you identify a relevantly qualified individual in your Jurisdiction who can advise you accordingly.
