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Global Support and Resistance Marking Tool

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  • Global Support and Resistance Marking Tool

    Attached is a zip file containing two efs routines which show how to use a global variable to communicate information across charts within a single esignal client instance.

    This global support and resistance manual marking tool, SupportResistanceTool.efs, is designed specifically for a high volume equity/stock like INTC (Intel). It's for my own trading style, which is to focus on a single instrument, and to have multiple view of that same instrument on multiple timeframes, all of which show the same global support and resistance lines.

    The client module GlobalSupportResistance.efs enables all other client charts on the *same* symbol access to the global information and thus to be sychronized by drawing the same global lines on each newbar.

    Read the code for some further comments. I cannot support this software, but maybe it will be useful to someone. USE AND MODIFY AT YOUR OWN RISK.

    Enjoy!!
    Attached Files

  • #2
    One of the Tool buttons is mislabelled and should be -50 instead of +50.

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    • #3
      Minor fix to spread out buttons a bit

      I added a parameter which allows the buttons to be spread out a bit. I've run this code for a while and, although the marking tool takes some getting used to, it seems to work fairly reliably, at least on the high volume equities like INTC, which I use.
      Attached Files

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      • #4
        Sample screenshot

        Low res screenshot of a chart I marked up. These marks are reflected in a bunch of other charts I set up on INTC, over various timeframes, via the global symbol communication.
        Attached Files

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