GuidesSupport & Resistance
Best Practices
Do
- Use higher timeframes for stronger levels.
- Combine with trend analysis.
- Wait for confirmation.
- Use stop-losses.
- Combine with other XCREENER screens.
Avoid
- Trading solely because price touched a level.
- Ignoring the broader trend.
- Entering before confirmation.
- Treating every level equally.
Summary
The Support and Resistance Screen helps traders identify instruments approaching key price levels where buyers or sellers may become active.
Use:
- Support Tab for bounce, pullback, and demand-zone opportunities.
- Resistance Tab for reversal, supply-zone, and breakout opportunities.
- Settings Panel to customize calculations.
When combined with the Performance, Breakouts, and Relative Strength screens, the Support and Resistance Screen becomes a powerful tool for discovering high-quality trading opportunities.