What is a support & resistance indicator?

The price range (height) of support or resistance areas depends on the spread between price highs and lows that the level goes through. Resistance levels are marked in orange, and support levels are marked in blue. The Support&Resistance indicator does not repaint.

What is the best way to determine support and resistance levels?

Many traders also make heavy use of moving averages when determining support and resistance level, and pivot points are also quite popular. Also used heavily for determining support and resistance levels are the price bands such as Keltner Channels, as well as other types of trend lines and channels.

What are significant support and resistance regions?

Substantial support and resistance regions are price levels that recently led to a reversal of the trend. A simplified example can be used to illustrate this point. If the price was trending upward and switched to a downtrend, this price level where the trend reversed is considered a strong resistance.