Resistance and support line

I don’t know of any software or indicator but finviz.com update support/resistance line on the daily chart daily. I would like to know of a software as well because it would be helpful.
 
Thanks, buddies. What I want is a kind of automatically drawn resistance and support line, which could be used in any time frames. Because I use them to do two things: pick up a trade and pick up a entry point. If I draw them by hand, it would take me a lot of time and the accuracy and consistency can't be guaranteed. So I am trying to code one. But if there is already some kind of software and indicator existing, it would save me a lot of work.
 
TradingView contains a public library with some automatic trend line indicators which I use. The same comes with think or swim with custom studies. I had the same needs like you.
 
Painfultrader said:
Thanks, buddies. What I want is a kind of automatically drawn resistance and support line, which could be used in any time frames. Because I use them to do two things: pick up a trade and pick up a entry point. If I draw them by hand, it would take me a lot of time and the accuracy and consistency can't be guaranteed. So I am trying to code one. But if there is already some kind of software and indicator existing, it would save me a lot of work.
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What charting platform are you currently using? I know that tradingview has a few scripts listed on the public library that does this.

Edit: just seen someone else said this above. Look into it, might be worth it..
 
here is an idea - let your program generate some RANDOM lines and trade off them... your results will be the same as any 'support resistance lines'... because that's how useful they are.

this may sound shocking... but try it you will see I am right.
 
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