The Auto-Support/Resistance feature in Investar uses Artificial Intelligence (AI) to automatically plot the support/resistance levels and rate them based on the strength of different levels to perform analysis just as an expert Technical Analyst.
AI is used to detect the based support/resistance levels and rated based on the following factors:
Enable Auto-Support/Resistance in any Chart View to plot the support/resistance levels automatically.
Risk is the user-configured Stop-Loss and Reward is the potential profit based on the nearest support/resistance levels
Note: Auto-Support/Resistance Levels dynamically change based on timeframe.
Visually back-test previous levels by moving the cursor to any point in the chart in “Auto-SRT based on Current Cursor” mode.