Best Practices
Do's and don'ts for trading price levels — favour higher-timeframe levels, wait for confirmation, combine with trend analysis, and always use stops.
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.
Support and Resistance Settings
Customize how support and resistance levels are calculated, with independent settings for the Support and Resistance sides of the screener.
Overview
Find instruments crossing above or below a moving average across a whole asset class at once, instead of checking charts one by one.